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Listing Firm: Olympic Sotheby's Int'l Realty: John Stormans

Active
NWMLS # 2373655
  • - Beds
  • - Baths
  • - Sq.ft.

4808 15th Avenue SE, Lacey, WA 98503

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Aris360 Last Checked: Just Now (May 21, 2025 08:50 PM)

  • Source: NWMLS as Distributed by MLS Grid #2373655

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 15th
  • Zip/Postal Code: 98503
  • City: Lacey

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

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Loan Detail

Interest Rate

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Property Features

  • County
    • Lacey
  • Community
    • 450 - Lacey
  • MLS Area
    • 450 - Lacey
  • Longitude
    • -122.819167
  • Latitude
    • 47.033058
  • Directions
    • Going south on college turn left on Lacey Blvd, right on Ruddell Rd, right on 15th to home on right.

  • Style
    • 40 - Res-Less thn 1 Ac
  • Lot Description
    • Paved,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • On Property,
  • Septic or Sewer
    • Available,
    • In Street,
  • Building Total Area (Sq. Ft.)
    • 7500
  • Has View
    • Yes
  • Utilities
    • Electricity Connected,
    • Natural Gas Available,
  • Electric On Property
    • Yes
  • View Description
    • Territorial,

  • High School District
    • North Thurston

  • Possession
    • Closing,
  • Property Type
    • Land
  • Property SubType
    • Land
  • Tax Year
    • 2024
  • Structure Type
    • Land,
  • Tax Amount
    • $1198
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Wed May 21 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.

May 21, 2025 08:50 PM