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.

Listing Firm: Keller Williams Realty: Rebecca Del Pozo

Bought With: BHGRE - Northwest Home Team : Devyn Miller

SOLD On February 7, 2025
NWMLS # 2316618

$1,300,000

  • Sold Price
  • - Beds
  • - Baths
  • 5742 Sq.ft.

4015 16th Lane NE, Olympia, WA 98506

Listings with the three tree icon are courtesy of NWMLS

About This Property

Investors, take note! This rare opportunity in the heart of Lacey, WA, boasts three duplexes on a sprawling 2-acre lot—a prime location with endless potential. Each unit offers a spacious 2-bedroom, 1-bath, 957 sqft rambler-style layout with an attached 1-car garage, ensuring tenant comfort and convenience. With long-term tenants already in place and significant upside rent potential, this property is a solid investment. Zoned R 4-8, the lot offers exciting development possibilities for future growth. The large yard, private patios, and ample driveway parking add to the property's appeal. Don't miss your chance to own this versatile investment in a high-demand area! Estate Sale. F17 Exempt. Buyer To Verify All Information.

Buyer's Agent: Devyn Miller • BHGRE - Northwest Home Team

Listed by: Rebecca Del Pozo • Keller Williams Realty

Aris360 Last Checked: 2 Minutes Ago (Jun 18, 2025 12:39 AM)

  • Source: NWMLS as Distributed by MLS Grid #2316618

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 16th
  • Zip/Postal Code: 98506
  • City: Olympia

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
    • Olympia
  • Community
    • 447 - Olympia North
  • MLS Area
    • 447 - Olympia North
  • Longitude
    • -122.834384
  • Latitude
    • 47.059178
  • Directions
    • I-5 to Sleater Kinney N exit. Cross Martin Way on Sleater Kinney Rd and take a left on 16th Ln.

  • Interior
    • Ceramic Tile
    • Wall to Wall Carpet
  • Floors
    • Ceramic Tile
    • Vinyl
    • Carpet
  • Power Production Type
    • Natural Gas

  • Stories
    • 1
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 16
  • Lot Description
    • Cul-De-Sac,
    • Curbs,
    • Dead End Street,
    • Secluded,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Septic Tank,
  • Lot Size in Acres
    • 2

  • Covered Spaces
    • 6
  • Water
    • City Of Lacey
  • Building Total Area (Sq. Ft.)
    • 87120
  • Has View
    • Yes
  • 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,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $13403
  • Year Built
    • 1986
  • Status
    • Sold

Recently Listed Properties In Olympia, 98506

Sold
Sold — New Owner Found!

$ 650,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 2092 sq. ft
Sold
Sold — New Owner Found!

$ 456,500

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1289 sq. ft
Sold
Sold — New Owner Found!

$ 1,660,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 3736 sq. ft
Sold
Sold — New Owner Found!

$ 699,999

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1831 sq. ft

Similar Properties In Olympia, 98506

Sold
Sold — New Owner Found!

$ 470,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 2328 sq. ft
Sold
Sold — New Owner Found!

$ 850,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 0 Baths
  • 2756 sq. ft
Sold
Sold — New Owner Found!

$ 297,500

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1110 sq. ft
Sold
Sold — New Owner Found!

$ 629,000

  • Property Category:
  • Condominium

Listing provided by NWMLS
  • Beds
  • Baths
  • 3206 sq. ft

Recently Viewed Properties In Olympia, 98506

Sold
Sold — New Owner Found!

$ 650,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 2092 sq. ft
Sold
Sold — New Owner Found!

$ 456,500

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1289 sq. ft
Sold
Sold — New Owner Found!

$ 445,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 962 sq. ft
Sold
Sold — New Owner Found!

$ 699,999

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1831 sq. ft

Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Wed Jun 18 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 18, 2025 12:39 AM