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.
Listing Provided Courtesy of Brian Shin, TS Property Management
General Information
NWM2501659
Multi Family
1
DOM
0.98 acres
12424
1978
Thurston
Mountain View E
Chinook Mid
North Thurston
Residential Incom
Multi Family
Listing Provided Courtesy of Brian Shin, TS Property Management
Krishna Realty data last checked: Apr 03, 2026 03:16 | Listing last modified Apr 02, 2026 18:38,
Source:
Download our Mobile app
Residence Information
12424
Composition
4,
56 - 10+ Units
1978
Poured Concrete, Sla
Coin Op Laundry, Stor
Features and Utilities
Wood
Public
Sewer Connected
0
Financial
0
Cash
04-02-2026
Comparable Information
1
1
Cash
$2,650,000
$2,650,000
Apr 02, 2026 18:38
Schools
Elementary : Mountain View EN/ARatings Middle : Chinook Mid N/ARatings High : North Thurston N/ARatings
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.
