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7523 7525 10th Way SE, Lacey
$698,500
2586815 MLS ⋅ ACTIVE Status
1976 called & we are KEEPING the good stuff! This fab 1-Story DUPLEX is packed with vintage character including carved wood front doors, original geometric routed-groove solid wood cabinetry, select vintage lighting (hello tulip chandelier!) & fireplaces on BOTH sides, including a floor-to-ceiling brick fireplace w/slate hearth. PLUS UPGRADES! Each 2BR + Bonus/Den/Bedroom side of this duplex is 1244sf w/newer electric forced-air furnace + heat pump for efficient heat & glorious A/C, newer vinyl windows, fresh interior & exterior paint, big Trex decks + 2017 roof replacement. Find generous living spaces with wood laminate, new carpet, big laundry rooms, loads of storage + flexible bonus rooms w/sliders that can change with the way you live, all on beautifully maintained .39 ACRE lot! Mature rhododendrons, Japanese maples & beautifully cared for landscaping surround the property, while 8’ tall wood fencing creates separate, private backyards for each side. Each home gets its own auto-door garage w/extra-deep tandem bay to park 2 cars, giving this property 4 covered parking spaces, PLUS additional exterior covered storage out back & an extra-long driveway too! All kitchen appliances stay. One long-time tenant happy to stay or can move if needed. Live in one & rent the other, keep both as income properties or set up multigenerational living! Fast commuter location less than 20 minutes downtown Olympia or JBLM. Close to RAC, dog park, lakes or Hawks Prairie restaurants & shopping.

7523 7525 10th Way SE, Lacey

Listing Broker: Abbey Realty Inc; Jami R. Downing; 360-485-5511; jami@jamidowning.com

6628 Bailey Street SE, Lacey
$665,000
2577769 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status
Turnkey Duplex w/Seller Financing & 4.99% Interest Rate! Horizon Pointe with Golf course views! This oversized duplex features 2 huge units w/spacious functional layouts. Unit 1 - w/3 bedrooms, 2 baths – 1443sqft, primary bedroom w/full primary bath, walk-in closet w/double door entry, large kitchen w/tile counter tops, dining room, oversized windows, natural light, laundry room, closet space & private garage. Unit 2 - w/2 bedrooms, 1 bath – 919sqft, large primary bedroom w/large closet, large kitchen w/tile counter tops, dining room, oversized windows, natural light, laundry room, closet space & private garage. Both units have nice, engineered hardwood flooring, and tile countertops. Each unit has a private fenced yard & private garage. Prime location close to Costco, Major shopping malls, parks, multiple lakes, walking trails, outdoor activities, golf courses, schools, restaurants, hospitals, sports courts, play areas & bus lines. Easy access to I-5 for commuters. Great cash flowing property for Investors, Owner occupied buyers, VA buyers & Possible Seller Financing.

6628 Bailey Street SE, Lacey

Listing Broker: Skyline Properties, Inc.; Scott Fladseth; 206-795-9500; scottbinsea@hotmail.com

333 Choker Street SE Unit #A&B, Lacey
$585,000
2559495 MLS ⋅ SOLD Status
Fantastic opportunity - duplex offering 2 spacious units- each 3-bedroom, 1.5-bath, complete with an attached 1-car garage and a LARGE fully fenced private backyard—providing the feel of a single-family home for each resident. The roof is approximately 7 years old, offering added peace of mind. Unit A has been tastefully updated and tenant occupied, while Unit B is currently vacant, creating an excellent opportunity to select your own tenant or occupy one unit while generating rental income from the other. Inside, you'll find new flooring, spacious kitchens with eating areas, cozy fireplaces, bright living rooms, and large windows that fill each home with natural light. Generously sized bedrooms, functional floor plans, and ample storage make these units highly desirable. Ideally located in a convenient commuter-friendly area close to schools, parks, shopping, restaurants, and everyday amenities, with quick access to JBLM and major highways. Whether you're looking to expand your investment portfolio, live in one unit while offsetting your mortgage with rental income, or add a quality duplex to your holdings, this well-maintained property offers exceptional flexibility, value, and long-term potential. You won't want to miss this opportunity!

333 Choker Street SE Unit #A&B, Lacey

Listing Broker: Skyline Properties, Inc.; Rachel E. Jones; 253-604-6000; RachelJonesSells@gmail.com Selling Office: eXp Realty.

3120 Ponderosa Street NE, Lacey
$849,950
2528928 MLS ⋅ ACTIVE Status
Rare opportunity to own a newer duplex featuring 3 large bedrooms plus a bonus room, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3120 Ponderosa Street NE, Lacey

Listing Broker: Blue Summit Realty LLC; Brian J Dermanoski; 360-280-1980; brian@nwchoice.com

3112 Ponderosa Street NE, Lacey
$849,950
2528936 MLS ⋅ ACTIVE Status
Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3112 Ponderosa Street NE, Lacey

Listing Broker: Blue Summit Realty LLC; Brian J Dermanoski; 360-280-1980; brian@nwchoice.com

3108 Ponderosa Street NE, Lacey
$820,000
2528933 MLS ⋅ SOLD Status
Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3108 Ponderosa Street NE, Lacey

Listing Broker: Blue Summit Realty LLC; Brian J Dermanoski; 360-280-1980; brian@nwchoice.com Selling Office: Blue Summit Realty LLC.

7235 20th Avenue SE Unit #A&B, Lacey
$1,650,000
2503024 MLS ⋅ SOLD Status
Long Lake Luxury +Passive Income = Dream Waterfront Setup! Over 6500sqft & flex layouts to use as 1, 2 or 3 units. Airbnb with private entrance, stays furnished & grossed $25K last yr without summer bookings! Unit A has main floor primary 3BR + den, gym-ready basement and sauna. Unit B can stay whole or split again. All have waterproof luxury vinyl plank throughout, quartz counters, separate heatpumps, tankless H2O heaters & laundry. Outside, find gated entry, huge new driveway with room for guests & pickleball, 4-car garage, more covered parking, flat lawn, oversized patio, big deck, & yes, 2 docks + mooring whips! Minutes to I-5 & Costco, this one makes the math work with flexibility for your compound or small empire in the making!

7235 20th Avenue SE Unit #A&B, Lacey

Listing Broker: Abbey Realty Inc; Jami R. Downing; ; Selling Office: Abbey Realty Inc.

2102 Golf Club Road SE Unit #2106, Lacey
$485,000
2477049 MLS ⋅ SOLD Status
Exceptional investment opportunity in the heart of Lacey! This corner-lot duplex offers two mirrored units, each featuring 3 bedrooms, 1 full bathroom, and 988 square feet of living space. Separate one-car garages and tenant-owned laundry setups - maximizing convenience and minimizing landlord overhead. Both units are currently occupied by long-time tenants, delivering immediate cash flow. Thoughtfully designed with hardwood floors throughout. Efficient kitchens equipped with dishwasher, fridge, stove/oven, and dedicated eating space. These homes appeal to long-term renters seeking comfortable and convenient living. Units are separated by garages, providing enhanced privacy. Each side also enjoys its own fully fenced backyard, ideal for tenant enjoyment and reducing common area disputes. Minutes from dining, shopping, entertainment, even closer to Mountain View Elementary and Chambers Lake. Easy access to I5. Whether you’re expanding a rental portfolio or adding a reliable long-term hold, this duplex delivers location, layout, and income - all in a market that continues to perform.

2102 Golf Club Road SE Unit #2106, Lacey

Listing Broker: MVP Realty Group; Marti Baker; ; Selling Office: Keller Williams South Sound.

7438 Mullen Road SE Unit #A-B, Lacey
$525,000
2476490 MLS ⋅ PENDING Status
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!

7438 Mullen Road SE Unit #A-B, Lacey

Listing Broker: Realty One Group Bold; Tucker Stanley; 360-880-1383; tuckerstanleyrealestate@gmail.com

643 School Street SE, Lacey
$675,000
2472540 MLS ⋅ SOLD Status
Big-ticket improvements are already done! This spacious Lacey duplex features newer Hardie siding, exterior paint, septic system, drain field and pumping station, taking care of several major expenses for the next owner. Each unit offers 3 bedrooms, 1.5 baths, an attached garage, private fenced yard and separate driveway, all situated on a large .56-acre lot. Whether you're looking to add a rental property to your investment portfolio or live in one side and rent the other to help offset your monthly housing costs, this property offers flexibility and long-term potential. The two 3-bedroom units provide strong rental appeal, while the separate yards and garages give each side the feel and privacy of a home. Conveniently located near shopping, schools, parks and I-5. A great opportunity to own a duplex with significant improvements already completed and the ability to add value over time.

643 School Street SE, Lacey

Listing Broker: Redfin; Tarah A Yurovchak; 253-318-8660; tarah.yurovchak@redfin.com Selling Office: Real Broker LLC.

1502 Yonkers Drive SE Unit #A&B, Lacey
$590,000
2451882 MLS ⋅ SOLD Status
Beautifully maintained side-by-side duplex in the heart of Lacey, directly across from a community park on a quiet tree-lined street. Each two-story unit features 2 bedrooms, 1.5 bathrooms, a one-car garage, additional parking, and in-unit washer and dryer facilities. Updates include new flooring, interior paint, and modern finishes. Both units feature large private, fully fenced backyards and functional floor plans with great flow. One unit is tenant-occupied; the other is vacant—live in one and rent the other, or hold as an income-producing property for your portfolio. Convenient location near schools, shopping, and I-5 in an established neighborhood. True gem with an exceptional location and setting. Come and see it for yourself!

1502 Yonkers Drive SE Unit #A&B, Lacey

Listing Broker: Keller Williams Rlty Bellevue; Justin Cambra; ; Selling Office: Skyline Properties, Inc..

Lacey
$629,900
2409433 MLS ⋅ SOLD Status
Welcome to a unique and lucrative opportunity for investors, developers, or owner-occupants seeking strong cash flow potential and future development upside. This remodeled duplex sits on a generous .38 acre lot, offering both turn-key living and the ability to expand and maximize value. With a use code that allows for 2-4 units and an 18 bedroom septic, this property presents the rare chance to earn immediate rental income while planning your next high-return investment move. Each side of the stylish and spacious duplex has been remodeled to deliver modern comfort and timeless appeal. Both Unit A and Unit B feature 3 bedrooms and 1.5 bathrooms, offering functional layouts ideal for tenants or owner-users. Owner is a licensed agent.

Lacey

Listing Broker: eXp Realty; Haley Connor; ; Selling Office: ZNonMember-Office-MLS.

3144 Ponderosa Street NE Unit #A & B, Lacey
$844,950
2380888 MLS ⋅ SOLD Status
Rare opportunity to own a newer duplex built in 2020, featuring 4 spacious bedrooms, 2.5 baths, & 1,742 sqft per unit, along with a 2-car garage. Each unit offers a modern layout w/ contemporary finish. Entire neighborhood is well-kept w/ a cohesive, updated look. This property presents a fantastic investment opportunity or perfect setup live in one unit while renting other. One unit is currently vacant and move-in ready, ideal for an owner-occupant or a new tenant. Located in a strong rental area, this duplex has great potential for positive cash flow. Conveniently located near freeways, parks, shopping centers, & stores makes it especially appealing to renters. Don’t miss this rare find, modern duplexes like this don’t come around often!

3144 Ponderosa Street NE Unit #A & B, Lacey

Listing Broker: NW Real Estate Inc.; Tony DeBoldt; ; Selling Office: NW Real Estate Inc..

1414 1412 Notter Lane SE, Lacey
$685,000
2361184 MLS ⋅ SOLD Status
Incredible first time homebuyer opportunity, live in one side and rent out the other! A perfect solution to rising ownership costs. High quality & supremely well-maintained duplex in convenient Lacey location! These 1300+/- sqft 2 bed, 1.5 bath units have great open floor plans and include their own furnace and AC units, one car garage, private back yard, & more. New vinyl flooring on the occupied unit and carpet in vacant unit. Upside potential in rents allow for steady cash flow for an investor, or supplemental income for an owner occupant. Easy access to I-5 for north and southbound travel. Investment properties of this caliber rarely come to market & are always in high demand. This is a great opportunity that you will not want to miss!

1414 1412 Notter Lane SE, Lacey

Listing Broker: Olympic Sotheby's Int'l Realty; John Stormans; ; Selling Office: eXp Realty.

5703 16th Avenue SE, Lacey
$492,500
2294278 MLS ⋅ SOLD Status
Single story, income producing duplex in convenient location! Side B is vacant, ready for you to jump into real estate investing! Move into one side, while using the other to offset your mortgage! Jump on this incredible opportunity to build some instant equity, and kickstart your real estate portfolio. Walking distance to Saint Martins University, shops, and grocery stores, all within a calm neighborhood. 1/4 Acre corner lot, with plenty of nature for a more private feel, too. Brand new floors, doors, and trim in side B, ready for you to add the finishing touches that will bring both life and equity into this property! You wont find a better deal than this, so call today for a private tour!

5703 16th Avenue SE, Lacey

Listing Broker: RE/MAX Northwest; Tucker Bradshaw; ; Selling Office: Keller Williams South Sound.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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