4808 15th Avenue SE

Lacey, WA 98503

  • 1 Bed

  • 1 Bath

  • 696 SqFt

  • 1 DOM

  • Built: 1952

  • Status: Active

$560,000

X

4808 15th Avenue SE

Lacey 98503

$560000

  • 1 Bed

  • 1 Bath

  • 696 SqFt

  • 1 DOM

  • Built: 1952

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 696

  • 1

  • 1

  • 0

  • 1

  • Composition

  • 1,

  • 10 - 1 Story

  • 1952

  • None

  • None

  • Poured Concrete

Features and Utilities

  • Dishwasher(s), Microwave(s), Refrigerator(s), Trash Compactor

  • Double Pane/Storm Window, Laminate

  • Cement Planked, Wood, Wood Products

  • Public

  • Sewer Connected

Financial

  • 2606

  • Cash Out, Conventional, FHA, VA Loan

  • 04-23-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional, FHA, VA Loan

  • $560,000

  • $560,000

  • Apr 24, 2025 21:37

Schools

Map

Listing courtesy of Olympic Sotheby's Int'l Realty.

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: May 06, 2025 01:58 | Listing last modified Apr 24, 2025 21:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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