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Listing Firm: BHGRE - Northwest Home Team: Noe Quezada

Active
NWMLS # 2378337
  • - Beds
  • - Baths
  • 2448 Sq.ft.

4409 4411 21st Court SE, Lacey, WA 98503

Listings with the three tree icon are courtesy of NWMLS

About This Property

Rare opportunity in Lacey—two detached single-family homes on one lot, each with its own charm and privacy. Both homes are currently rented, offering consistent occupancy and strong cash flow with an estimated 6.3% cap rate. One tenant is long-term, adding stability to this solid income-producing property. Located in a desirable area close to amenities, this is a smart addition to any investor’s portfolio. Whether you're growing your rental holdings or seeking a low-maintenance investment, this unique setup delivers dependable returns in a high-demand market.

Aris360 Last Checked: 3 Minutes Ago (May 21, 2025 02:27 PM)

  • Source: NWMLS as Distributed by MLS Grid #2378337

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 21st
  • Zip/Postal Code: 98503
  • City: Lacey

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$3,847 per month
Principal & Interest
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Property Taxes

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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

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Property Features

  • County
    • Lacey
  • Community
    • 450 - Lacey
  • MLS Area
    • 450 - Lacey
  • Longitude
    • -122.827884
  • Latitude
    • 47.028085
  • Directions
    • From I-5, take Exit 109, go south on College St SE, turn right on 22nd Ave SE, right on Golf Club Rd SE, then right on 21st Ct SE. Home is on the right.

  • Floors
    • Vinyl
    • Vinyl Plank
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 1
  • Style
    • 52 - Duplex
  • Parking Spaces
    • 6
  • Lot Description
    • Dead End Street,
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Metal/Vinyl
    • Wood Products
  • Site Description
    • Cable TV,Fenced-Partially,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Water
    • City of Lacey
  • Building Total Area (Sq. Ft.)
    • 8640

  • High School District
    • North Thurston
  • Jr. High School
    • Komachin Mid
  • Elementary School
    • Mountain View Elementary
  • High School
    • North Thurston High

  • Possession
    • Closing,
    • Negotiable,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2024
  • Structure Type
    • Condominium,
  • Tax Amount
    • $5151.2
  • Year Built
    • 1962
  • Effective Year Built
    • 1962
  • 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 02:27 PM