4808 15th Avenue Se, Lacey, WA 98503
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team



Listed by:john stormans
Office:olympic sotheby's int'l realty
MLS#:2362985
Source:NWMLS
4808 15th Avenue Se,Lacey, WA 98503
$560,000
- 1 Beds
- 1 Baths
- 696 sq. ft.
- Single family
- Active
Price summary
- Price:$560,000
- Price per sq. ft.:$804.6
About this home
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.
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Home facts
- Year built:1952
- Listing Id #:2362985
- Updated:August 08, 2025 at 12:17 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:696 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1952
- Building area:696 sq. ft.
- Lot area:0.34 Acres
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$560,000
- Price per sq. ft.:$804.6
- Tax amount:$2,606 (2024)
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