Lacey, WA 98503 7235 20th Avenue SE
$1,795,000
OPEN HOUSE Sun, Sep 28 2025 03:00 PM – 04:30 PM
35 more
Presented By: Abbey Realty Inc and NWMLS
- MLS# 2392636
- 06/13/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 6,508
Home Details
Long Lake Luxury +Passive Income = Dream Waterfront Setup! Over 6500sqft & flex layouts to use as 1, 2 or 3 units. Airbnb with private entrance, stays furnished & grossed $25K last yr without summer bookings! Unit A has main floor primary 3BR + den, gym-ready basement and sauna. Unit B can stay whole or split again. All have waterproof luxury vinyl plank throughout, quartz counters, separate heatpumps, tankless H2O heaters & laundry. Outside, find gated entry, huge new driveway with room for guests & pickleball, 4-car garage, more covered parking, flat lawn, oversized patio, big deck, & yes, 2 docks + mooring whips! Minutes to I-5 & Costco, this one makes the math work with flexibility for your compound or small empire in the making!
Presented By: Abbey Realty Inc and NWMLS
Interior Features for 7235 20th Avenue SE
Bedrooms
Bedrooms Possible5
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringSee Remarks, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas, See Remarks
Total Fireplaces
Total Stories3
General for 7235 20th Avenue SE
AmenitiesBasement
Building Area UnitsSquare Feet
Cap Rate
Carport Spaces2
Carport Y/NNo
CityLacey
CoolingForced Air, Heat Pump
CountyThurston
DirectionsMartin Way East to Right on Carpenter Rd. Left on 20th Ave SE, Home on Right
Electric Expense9000
Elementary SchoolLacey Elem
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air, Heat Pump
High SchoolNorth Thurston High
High School DistrictNorth Thurston
Insurance Expense2582
Leasable Area6508
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet43560
Lot Size UnitsSquare Feet
MLS Area450 – Lacey
Middle/Junior High SchoolSalish Middle
ModificationTimestamp2025-09-25T17:38:10.639Z
NWM_ShowMapLinkY
Net Operating Income22025
New ConstructionNo
Number Of Units Total2
Open Parking Spaces15
PossessionNegotiable
Possible UseMulti-Family, Residential, See Remarks
Property ConditionVery Good
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksLong Lake Luxury +Passive Income = Dream Waterfront Setup! Over 6500sqft & flex layouts to use as 1, 2 or 3 units. Airbnb with private entrance, stays furnished & grossed $25K last yr without summer bo
RoofComposition
Security FeaturesPartially Fenced, Security Gate
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameLong Lake West
Tax Annual Amount7293
Tax Year2025
Units Below Gradetrue
Units In Building Total2
ViewLake
Virtual TourClick here
Water CompanyCity of Lacey
Water Sewer Garbage2100
Waterfront FeaturesLake, No Bank
Year Built2015
Zoning DescriptionMulti-Family, Residential, See Remarks
Exterior for 7235 20th Avenue SE
Building Area Total6508
Covered Spaces4
Exterior AmenitiesCement Planked, Wood
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot Dimensions39x40x45x44x99x372
Lot FeaturesPaved
Lot Number4 and 5
Lot Size Acres1
Parking FeaturesRV Parking
Parking Uncovered Spaces15
Site FeaturesCable TV, Deck, Dock, Fenced-Partially, Gas Available, Gated Entry, High Speed Internet, Patio, RV Parking, Sprinkler System
Total Parking21
Water SourcePublic
Waterfront Y/NYes
Additional Details
Price History
Schools
High School
North Thurston High
Elementary School
Lacey Elem
Middle School
Salish Middle
Josh QA1
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