1608 Ruddell Road Se, Lacey, WA 98053

Local realty services provided by:Better Homes and Gardens Real Estate Macy & Co.
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Listed by:brian shin
Office:ts property management
MLS#:2398692
Source:NWMLS
1608 Ruddell Road Se,Lacey, WA 98053
$2,800,000
  • - Beds
  • - Baths
  • 12,424 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$225.37

About this home

Rare add-value multifamily investment opportunity in Lacey! This well-maintained portfolio includes 3 tax parcels with 13 total units: one parcel features a single-family home and a 4-plex, while the other two parcels each include a 4-plex. All units are fully occupied with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

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Home facts

  • Year built:1978
  • Listing Id #:2398692
  • Updated:August 11, 2025 at 01:05 PM

Rooms and interior

  • Living area:12,424 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air, Heat Pump

Structure and exterior

  • Roof:Composition
  • Year built:1978
  • Building area:12,424 sq. ft.
  • Lot area:0.98 Acres

Schools

  • High school:North Thurston High
  • Middle school:Chinook Mid
  • Elementary school:Mountain View Elementary

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$225.37
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