Sorry, Aris 360 isn’t in this area yet.

We are expanding to new markets each month. Check back soon for new listings!

Join us for exciting listings and expert advice. We're here to make your real estate dream a reality.

Sign Up Now Sign In

Listing Firm: Keller Williams South Sound: Phil Harlan

Bought With: Greene Realty Group LLC : Matt Perkins

SOLD On October 6, 2021
NWMLS # 1818563

$1,230,000

  • Sold Price
  • - Beds
  • - Baths
  • 5564 Sq.ft.

1205 East Street SE, Lacey, WA 98503

Listings with the three tree icon are courtesy of NWMLS

About This Property

Built in 2004, this late model 5 plex investment/replacement property may be the right fit. Main floor living/dining/laundry/ kitchen along w/ a 3/4 bath. Upstairs, 3 beds and full bath. 2 parking stalls per unit. Very close to transportation, shopping, recreation and more. Long term tenants, the rents are soft, market rate is $1500/unit. If fully leased at $1500 per unit, CAP RATE goes to 6.9% and GRM goes to 11. Great opportunity!

Buyer's Agent: Matt Perkins • Greene Realty Group LLC

Listed by: Phil Harlan • Keller Williams South Sound

Aris360 Last Checked: 2 Minutes Ago (Jun 08, 2025 01:06 AM)

  • Source: NWMLS as Distributed by MLS Grid #1818563

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: East
  • Zip/Postal Code: 98503
  • City: Lacey

Payment Calculator

$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

Down Payment

Down Payment
Are you a veteran?
Have a home sell?

Home Price

Find out the main costs involved in a home purchase in our Home Buying Guide.

Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

Loan Term
Property Tax Rate
HOA Dues
PMI
  • Takes about 3 minutes
  • Won't affect your credit score
Get pre-qualified

Property Features

  • County
    • Lacey
  • Community
    • 450 - Lacey
  • MLS Area
    • 450 - Lacey
  • Longitude
    • -122.836187
  • Latitude
    • 47.037395
  • Project
    • Russells East Park
  • Directions
    • From I-5, south on Sleater Kiney, across Pacific Ave, R on 12th, L on East St to property on right.

  • Interior
    • Wall to Wall Carpet
    • Laminate
  • Floors
    • Laminate
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 10
  • Lot Description
    • Curbs,
    • Dead End Street,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Cement Planked
    • Wood
    • Wood Products
  • Site Description
    • Cable TV,Fenced-Partially,High Speed Internet,Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Available,
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • City of Lacey
  • Building Total Area (Sq. Ft.)
    • 10016
  • Has View
    • Yes
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Sewer Connected,
    • Electric,
  • Energy Features
    • Thermal Windows,
  • View Description
    • Territorial,

  • High School District
    • North Thurston
  • Jr. High School
    • Chinook Mid
  • Elementary School
    • Pleasant Glade Elem
  • High School
    • North Thurston High

  • Possession
    • Closing,
    • See Remarks,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $8201
  • Year Built
    • 2004
  • Effective Year Built
    • 2004
  • Status
    • Sold
  • Project
    • Russells East Park

Recently Listed Properties In Lacey, 98503

Sold
Sold — New Owner Found!

$ 445,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1409 sq. ft
5537 Cricket Lane SE, Lacey, WA 98503
 Sold
Sold — New Owner Found!

$ 515,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 1 Baths
  • 1410 sq. ft
4521 27th Court SE, Lacey, WA 98503-5247
 Sold
Sold — New Owner Found!

$ 516,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 1 Baths
  • 2062 sq. ft
4622 Durham Street SE, Lacey, WA 98503
 Sold
Sold — New Owner Found!

$ 525,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1660 sq. ft
4625 Helena Avenue SE, Lacey, WA 98503

Similar Properties In Lacey, 98503

Sold
Sold — New Owner Found!

$ 580,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1848 sq. ft
8237 11th Court SE, Lacey, WA 98503-1992
 Sold
Sold — New Owner Found!

$ 469,950

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 1840 sq. ft
6814 Husky Way SE, Lacey, WA 98503
 Sold
Sold — New Owner Found!

$ 389,950

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1053 sq. ft
4551 14th Avenue SE, Lacey, WA 98503-2330
 Sold
Sold — New Owner Found!

$ 289,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 2 Baths
  • 2080 sq. ft
1934 Poppy Lane SE #95, Lacey, WA 98503

Recently Viewed Properties In Lacey, 98503

Sold
Sold — New Owner Found!

$ 445,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1409 sq. ft
5537 Cricket Lane SE, Lacey, WA 98503
 Sold
Sold — New Owner Found!

$ 515,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 1 Baths
  • 1410 sq. ft
4521 27th Court SE, Lacey, WA 98503-5247
 Sold
Sold — New Owner Found!

$ 516,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 1 Baths
  • 2062 sq. ft
4622 Durham Street SE, Lacey, WA 98503
 Sold
Sold — New Owner Found!

$ 525,000

  • Property Category:

  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1660 sq. ft
4625 Helena Avenue SE, Lacey, WA 98503

Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Sun Jun 08 2025 . 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.

Jun 08, 2025 01:06 AM