This listing courtesy of Brian Shin , TS Property Management
$1,175,000

1608 Ruddell Road SE, Lacey, WA 98053

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon0.98acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Rare add-value multifamily investment opportunity in Lacey! Features fully occupied a single-family home and a 4-plex 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 Status:
Active
Data Last Updated:
May 21, 2026 at 2:20AM
Listing Office:
TS Property Management : 253-512-1000
Listing Agent:
Brian Shin : 253-512-1000
MLS ID:
2501685
  • Flooring: Engineered HardwoodCarpet
  • A/C: None
  • Heating: BaseboardForced AirHeat Pump
  • Fireplace: Fireplaces: 0
  • General: Wood
  • Parking: Parking spaces: 10
  • Roofing: Composition
  • General: 55 - 5-9 UnitsPoured ConcreteSlab
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: North Thurston
  • County: Thurston
  • Zoning: 43800000100
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Brian Shin , TS Property Management

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listing

Presented by Veterans United Realty