4808 15th Avenue SE Lacey, WA 98503

$390,000
1
Beds
1
Baths
0.17
Acres
696
SQFT
560
$/SQFT
$390,000
1
Beds
1
Baths
696   sf
$560 / sf
Favorite

active
1/17
Street View

One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.

One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Thurston
  • Area
    450 - Lacey
  • Tax Amount
    $2,606
  • Status
    Active
  • Listing #
    2373621
  • Built
    1952
  • Lot Size
    0.17
  • Listed on site
    8 days

Listed by:
Olympic Sotheby's Int'l Realty

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-05-17 21:44:59. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • Has garage
  • No Pool

Interior Features

  • Master Downstairs
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