Lacey, WA 98503 1420 MAGNOLIA Street SE
$770,000
Pending
35 more
Presented By: Networks Real Estate LLC and NWMLS
- MLS# 2420842
- 08/18/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,376
Home Details
WOW…JUST WOW. KILLER TRIPLEX IN QUIET NEIGHBORHOOD. TURN KEY AND READY TO GO FOR YOU TO LIVE IN THE HOUSE AND RENT THE OTHER TWO UNITS AND LIVE PRACTICALLY FREE. One unit is basically a house…with 4 bedrooms and two baths and 1900 SF. Recent kitchen, baths and flooring updates plus fresh interior paint. 3 bedroom unit is almost 1100 SF and has been completely gutted and redone. Beautiful new kitchen with granite counters and new appliances. Spacious bathroom with washer/dryer hookup. 2 generous sized rooms plus 1 smaller office sized bedroom. 1 bedroom unit features largo open living/dining/kitchen with stackable washer/dryer. Bedroom has full bath off of bedroom. Multiple storage units. Tons of room to add additional covered parking.
Presented By: Networks Real Estate LLC and NWMLS
Interior Features for 1420 MAGNOLIA Street SE
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories2
General for 1420 MAGNOLIA Street SE
Building Area UnitsSquare Feet
Cap Rate8.3
Carport Spaces1
Carport Y/NNo
CityLacey
CoolingNone
CountyThurston
DirectionsSOUTH ON SLEATER KINNEY TO RIGHT ON 16TH TO RIGHT ON MAGNOLIA TO TRIPLEX AT END OF STREET TO RIGHT
Electric Expense
Elementary SchoolBuyer To Verify
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air, Wall Unit(s)
High School DistrictNorth Thurston
Insurance Expense2150
Leasable Area3376
Listing TermsCash Out, Conventional, FHA
Lot Size Square Feet16553
Lot Size UnitsSquare Feet
MLS Area450 – Lacey
ModificationTimestamp2025-08-28T18:13:10.616Z
NWM_ShowMapLinkY
Net Operating Income64463
New ConstructionNo
Number Of Units Total3
Open Parking Spaces6
PossessionClosing
Possible UseResidential
Property ConditionVery Good
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWOW…JUST WOW. KILLER TRIPLEX IN QUIET NEIGHBORHOOD. TURN KEY AND READY TO GO FOR YOU TO LIVE IN THE HOUSE AND RENT THE OTHER TWO UNITS AND LIVE PRACTICALLY FREE. One unit is basically a house…wit
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending Inspection
Structure TypeTriplex
Subdivision NameCentral Lacey
Tax Annual Amount7067
Tax Year2025
Units Below Gradefalse
Units In Building Total3
ViewTerritorial
Water CompanyCITY OF LACEY
Water Sewer Garbage0
Year Built1956
Zoning DescriptionResidential
Exterior for 1420 MAGNOLIA Street SE
Building Area Total3376
Covered Spaces
Exterior AmenitiesMetal/Vinyl, Wood, Wood Products
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street, Paved
Lot Size Acres0.38
Parking Uncovered Spaces6
Site FeaturesFenced-Partially, Outbuildings
Total Parking6
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Middle School
N/A
Elementary School
Buyer To Verify Elementary School
Josh QA1
REALTOR ® SRES ®