1608 Ruddell Road SE

Lacey, WA 98053

  • Bed

  • Bath

  • 12424 SqFt

  • 16 DOM

  • Built: 1978

  • Status: Active

$2,800,000

X

1608 Ruddell Road SE

Lacey 98053

$2800000

  • Bed

  • Bath

  • 12424 SqFt

  • 16 DOM

  • Built: 1978

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 12424

  • Composition

  • 56 - 10+ Units

  • 1978

  • Poured Concrete, Sla

  • Coin Op Laundry, Stor

Features and Utilities

  • Wood

  • Public

  • Sewer Connected

  • 0

Financial

  • 0

  • Cash Out

  • 06-26-2025

Comparable Information

  • 16

  • 16

  • Cash Out

  • $2,800,000

  • $2,800,000

  • Aug 11, 2025 11:49

Schools

Elementary : Mountain View E N/A Ratings
Middle : Chinook Mid N/A Ratings
High : North Thurston N/A Ratings

Map

Listing courtesy of TS Property Management.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Sep 28, 2025 21:55 | Listing last modified Aug 11, 2025 11:49. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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