1608 Ruddell Road SE, Lacey, WA 98053
- $2,650,000
- 12,424
- SqFt
Listing courtesy of TS Property Management.
- List Price
- $2,650,000
- Status
- ACTIVE
- MLS#
- 2501659
- Days on Market
- 115
- Style
- 56 - 10+ Units
- Building Condition
- Good
- Finished SqFt
- 12,424
- Area Total SqFt
- 12424
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 42,767
- Sewer
- Sewer Connected
Property Description
Rare add-value multifamily investment opportunity in Lacey! This well-maintained portfolio includes 3 tax parcels with 13 total units: one parcel features a single-family home and a 4-plex, while the other two parcels each include a 4-plex. All units are fully occupied with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.
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Additional Information
- List Date
- 2026-04-03 00:13:12
- Community
- Lacey
- Total Monthly Income
- $14,790
- Total Number of Units
- 13
- Unit Name
- 1608
- Potential Terms
- Cash
- Year Built
- 1978
- Roof
- Composition
- Energy Source
- Electric
- School District
- North Thurston
- Elementary School
- Mountain View Elementary
- Middle School
- Chinook Mid
- High School
- North Thurston High
- Total Monthly Income
- $14,790
- Tax Year
- 2025
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.