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  • Listed by: Keller Williams South Sound • Philip Harlan
    Bought with: Olympic Sotheby's Int'l Realty
    $925,000

    1205 East Street SE, Lacey, WA 98503

    --beds
    --baths
    5,564sqft
    Multi Family
    Built in 2004
    -- sqft lot
    $925,000 Zestimate®
    $166/sqft
    $1,760 Estimated rent

    Home value

    $925,000

    $786,000 - $1.11M

    $1,760/mo

    Zestimate® history
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    What's special

    Built in 2004, this late model 5 plex investment/replacement property may be the right fit. Main floor living/dining/laundry/ kitchen along w/ a 3/4 bath. Upstairs, 3 beds and full bath. 2 parking stalls per unit. Very close to transportation, shopping, recreation and more. Long term tenants, the rents are soft, market rate is $1500/unit. If fully leased at $1500 per unit, CAP RATE goes to 6.9% and GRM goes to 11. Great opportunity!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Harlan,

    Keller Williams South Sound

    Bought with:

    Matt Perkins, 23017495

    Olympic Sotheby's Int'l Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 1818563MLS Logo

    Facts & features

    Interior

    Heating
    • Electric
    Features
    • Flooring: Laminate, Vinyl, Carpet
    • Windows: Thermal Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 5,564
    • Total interior livable area: 5,564 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Open
    • Uncovered spaces: 10
    Features
    • Patio & porch: Wall to Wall Carpet, Laminate
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 10,014 Square Feet
    • Dimensions: 100 x 101
    • Features: Curbs, Dead End Street, Sidewalk, Cable TV, Fenced-Partially, High Speed Internet, Patio
    Details
    • Parcel number: 71500504100
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cement Planked, Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 2004
    • Major remodel year: 2004

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Available, Sewer Connected, Company: City of Lacey
    • Water: Public, Company: City of Lacey
    • Utilities for property: Cable Connected, High Speed Internet, Sewer Connected, Electric
    Green energy
    • Energy efficient items: Thermal Windows

    Community & HOA

    Community
    • Subdivision: Lacey
    Location
    • Region: Lacey

    Financial & listing details

    • Price per square foot: $166/sqft
    • Annual tax amount: $8,201
    • Date on market: 10/3/2021
    • Cumulative days on market: 1636 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    10/6/2021Sold$1,230,000+23%$221/sqft
    Source: NWMLS as distributed by MLS GRID #1818563 Report a problem
    8/18/2021Pending sale$1,000,000+48.1%$180/sqft
    Source: NWMLS as distributed by MLS GRID #1818563 Report a problem
    8/12/2005Sold$675,000+494.7%$121/sqft
    Source: NWMLS as distributed by MLS GRID #25039061 Report a problem
    2/27/2004Sold$113,500$20/sqft
    Source: NWMLS as distributed by MLS GRID #23161227 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98503

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pleasant Glade Elem
    • Middle: Chinook Mid
    • High: North Thurston High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $925,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $925,000