4015 16th Lane NE
Olympia, WA 98506
5742 sqft | 2.00 acres | #2316618
Description
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.
Property Details
- Lot DescriptionCul-De-Sac, Curbs, Dead End Street, Secluded, Sidewalk
- InteriorCeramic Tile, Wall to Wall Carpet
- Elementary SchoolPleasant Glade Elem
- High SchoolNorth Thurston High
- Date ListedDecember 13, 2024
- FoundationPoured Concrete
- Style55 - 5-9 Units
- School DistrictNorth Thurston
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- ViewTerritorial
- Sewer InformationSeptic Tank
- Middle SchoolChinook Mid
- Original List Price$1,399,999
- CountyThurston
- SubdivisionOlympia
- Taxes Annual$13,403
- MLS #2316618
- Cost1399999
- MLS #2316618
- Utility SourcePublic
- Exterior FeaturesPatio
- Exterior MaterialsWood
- Square Feet5742
- Year Built1986
- Stories1
- Acres2
- Days on Market (Cumulative)5
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-12-13 22:08:10. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Rebecca Del Pozo (#NWM34440)
Listing Office: Keller Williams Realty (#NWM9385)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
