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Listing Firm: Windermere Prof Partners: Mark DePaul

Bought With: Networks Real Estate LLC : Peter Henry

SOLD On February 7, 2025
NWMLS # 2322284

$401,000

  • Sold Price
  • - Beds
  • - Baths
  • 3376 Sq.ft.

1420 Magnolia Street SE, Lacey, WA 98503

Listings with the three tree icon are courtesy of NWMLS

About This Property

Back on Market. Great investment opportunity zoned High Density with an opportunity to build 4 units. Rehab back into a triplex or convert to duplex to sell or keep as a great cash flowing property. Rent's reflected prior to fire. The main unit features 4 beds and 1.5 baths. W/D in unit, Dishwasher, and formal living space with fireplace and private yard. 4 bedrooms and a bath upstairs with a 1/2 bath off primary. Main unit untouched by fire. The 1 bedroom unit features w/d hookups and 3/4 bath. 3 bedroom unit featured W/D, dishwasher, living/dining area, private yard and storage. Plenty of parking and 2 car ports. Units were separately metered for electricity. Sold as is.

Buyer's Agent: Peter Henry • Networks Real Estate LLC

Listed by: Mark DePaul • Windermere Prof Partners

Aris360 Last Checked: Just Now (Aug 03, 2025 09:54 PM)

  • Source: NWMLS as Distributed by MLS Grid #2322284

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

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

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Property Features

  • County
    • Lacey
  • Community
    • 450 - Lacey
  • MLS Area
    • 450 - Lacey
  • Longitude
    • -122.835457
  • Latitude
    • 47.032581
  • Directions
    • South on Sleater Kinney. Right on 16th Ave SE. Right on Magnolia St SE. House is to your right.

  • Power Production Type
    • Electric
    • Natural Gas

  • Stories
    • 2
  • Style
    • 53 - Tri-plex
  • Parking Spaces
    • 4
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Metal/Vinyl
  • Site Description
    • Outbuildings
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 16553

  • High School District
    • North Thurston

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2024
  • Structure Type
    • Condominium,
  • Tax Amount
    • $5367
  • Year Built
    • 1956
  • Effective Year Built
    • 1956
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Aug 03 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.

Aug 03, 2025 09:54 PM