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 21 hours 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:
April 3, 2026 at 2:21AM
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 $

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Location

Schools Nearby

M

Mountain View Elementary School

1900 College St SE, Lacey, WA, 98503

Grades PK-5

0.30 miles away

C

Chinook Middle School

4301 6th Ave NE, Lacey, WA, 98516

Grades 6-8

1.56 miles away

N

North Thurston High School

600 Sleater Kinney Rd NE, Olympia, WA, 98506

Grades 9-12

1.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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