7438 Mullen Road Se #A-B, Lacey, WA 98503

Lacey
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: tucker stanley
Office: realty one group bold
MLS#:2476490
Source:NWMLS
7438 Mullen Road Se #A-B,Lacey, WA 98503
$525,000
  • - Beds
  • - Baths
  • 1,765 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$525,000
  • Price per sq. ft.:$297.45

About this home

Well-maintained duplex tucked away on a quiet street in a highly desirable Lacey location, conveniently close to schools, shopping, and everyday amenities. This side-by-side property features two spacious 2-bedroom, 1-bath units, each with an attached garage and private fenced yard — an attractive setup for both tenants and owner-occupants. Designed with a functional, conventional layout, each unit offers a large living area, generous kitchen with direct backyard access, and in-unit washer and dryer. Strong rental history with recent upgrades. This desirable investment creates flexibility for investors or those looking to offset their mortgage through house hacking. With consistent rental performance, fair-market rents, and solid construction, this property presents an excellent opportunity to add a reliable asset to your investment portfolio. Units A and B are currently rented for $2,100 apiece!

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Home facts

  • Year built:1977
  • Subdivision & Development:Lacey
  • Listing ID #:2476490
  • Updated:August 14, 2026 at 11:20 AM

Rooms and interior

  • Flooring:Laminate, Vinyl Floor
  • Living area:1,765 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1977
  • Building area:1,765 sq. ft.
  • Lot area:0.3 Acres
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Fenced-Partially, Patio

Schools

  • High school:Timberline High
  • Middle school:Komachin Mid
  • Elementary school:Woodland Elem

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$297.45
  • Tax amount:$5,965 (2025)

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:2
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