2509 College Street Se, Lacey, WA 98503

Lacey
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: walter cave
Office: realty one group enterprise
MLS#:2485512
Source:NWMLS
2509 College Street Se,Lacey, WA 98503
$539,000
  • 4 Beds
  • 3 Baths
  • 2,300 sq. ft.
  • Single family
  • Pending

Price summary

  • Price:$539,000
  • Price per sq. ft.:$234.35

About this home

Investor Opportunity! Maximize returns with this versatile property—easily configured into three income-generating units. Ideal for multigenerational living or military buyers seeking passive income. High-visibility frontage creates the perfect setup for a home-based business, with multiple streams of revenue. Remarkable 4BR home offering exceptional versatility! Meticulously maintained, this spacious layout includes three independent living areas that can easily reconnect for multi-generational living or solid rental income. The downstairs was previously rented for $1,500/mo, the upstairs for $1,800/mo, and the separate salon unit—featuring beautiful cedar walls/ceilings and three stations—currently rents for $1,200/mo as a living space. This unit is also perfect for a home business or creative studio! Major updates were completed in 1998, and the home includes a newer roof. Enjoy massive parking for 10+ vehicles plus a 2-car carport. Ideally located near shopping, dining, and bus...

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Home facts

  • Year built:1958
  • Listing ID #:2485512
  • Updated:April 25, 2026 at 07:57 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:1
  • Flooring:Ceramic Tile Floor, Hardwood, Laminate
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Bedroom Description:Lower Level Bedrooms : 1, Main Level Bedrooms : 3
  • Basement:Yes
  • Basement Description:Finished
  • Living area:2,300 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1958
  • Building area:2,300 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Paved
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
  • Exterior Features:Fenced-Partially
  • Foundation Description:Finished
  • Levels:1 Story

Schools

  • High school:Buyer To Verify
  • Middle school:Komachin Mid
  • Elementary school:Lacey Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$539,000
  • Price per sq. ft.:$234.35
  • Tax amount:$5,016 (2025)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Cable TV, Ceiling Fan(s), Gas Available, High Speed Internet, Pantry, Shop, Vaulted Ceiling(s)

Parking

  • Total parking spaces:12
  • Parking description:Attached Garage, Detached Carport, Driveway
  • Garage:Yes
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