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.
| MLS # | 2531449 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 115 |
| Listing Provided By | Olympic Sotheby's Int'l Realty | John Stormans |
| Zoning | Multi-Family,Residential |
|---|---|
| Acreage | 0.34 |
| Property View | Yes |
| Property | 4892 |
|---|
| State | WA |
|---|---|
| County | Thurston |
| City | Lacey |
| Zip Code | 98503 |
| Area | 450 Lacey |
| Community Name | Lacey |
| Listing VS Median (in Lacey) | |
Price: $505,000 low | high Med: $489,000 On site: 115 low | high Med: 95 | |
| State | WA |
|---|---|
| County | Thurston |
| City | Lacey |
| Zip Code | 98503 |
| Area | 450 Lacey |
| Community Name | Lacey |
| Listing VS Median (in Lacey) | |
Price: $505,000 low | high Med: $489,000 On site: 115 low | high Med: 95 | |
![]() | $365,0004808 15th AvenueLacey, WA 98503 |
![]() | $150,0004812 15th AvenueLacey, WA 98503 |