Excellent quality newer investment opportunity offered substantially under assessed value. Two duplexes featuring 3 bedrooms, 2.5 bath each. All 4 units feature 2 car garages. Both duplexes feature extensive solid surface flooring granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2019 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exteriors feature custom accents and fenced yards. Close to all amenities and freeway access, with great schools nearby.
Pending
Listed by: Blue Summit Realty LLC • Brian J Dermanoski
$1,299,950
1214 Hall Street SE #A&B, Lacey, WA 98503
12beds
12baths
5,620sqft
Quadruplex, Multi Family
Built in 2019
-- sqft lot
$1,250,300 Zestimate®
$231/sqft
$-- HOA
What's special
Granite counters throughoutCustom accentsStainless appliancesFenced yardsExtensive solid surface flooring
- 89 days
- 53
- 1
Zillow last checked:
Listing updated:
Listed by:
Brian J Dermanoski,
Blue Summit Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2534852
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- 90%+ High Efficiency, Ductless, Wall Furnace, Electric
Cooling
- 90%+ High Efficiency, Ductless
Features
- Flooring: Ceramic Tile, Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 5,620
- Total interior livable area: 5,620 sqft
Property
Parking
- Total spaces: 12
- Parking features: Garage
- Garage spaces: 8
- Uncovered spaces: 4
Lot
- Size: 0.29 Acres
- Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Partially, High Speed Internet, Patio
Details
- Parcel number: 59900000400
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Cement Planked, Wood Siding, Wood Products, Cement Plank
- Foundation: Slab
- Roof: Composition
Condition
- Very Good
- Year built: 2019
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lacey
- Water: Public, Company: Lacey
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Lacey
Location
- Region: Lacey
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $1,284,500
- Annual tax amount: $14,873
- Date on market: 6/20/2026
- Cumulative days on market: 75 days
- Listing terms: Conventional,VA Loan
Estimated market value
$1,250,300
$1.19M - $1.31M
$1,613/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Pending sale | $1,299,950$231/sqft |
Source:  NWMLS as distributed by MLS GRID #2534852 Report a problem | ||
| 6/6/2026 | Listed for sale | $1,299,950+14694%$231/sqft |
Source: NWMLS as distributed by MLS GRID #2534852 Report a problem | ||
| 1/11/2018 | Listing removed | $8,787$2/sqft |
Source: Bid4Assets Report a problem | ||
| 11/18/2017 | Listed for sale | $8,787$2/sqft |
Source: Bid4Assets Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,331 +3.8% | $1,284,500 -4.5% |
| 2023 | $12,839 +19.7% | $1,344,600 +19.2% |
| 2022 | $10,727 +4.2% | $1,128,400 +27.4% |
| 2021 | $10,291 -6.9% | $885,600 -0.1% |
| 2020 | $11,053 +1695% | $886,300 +50% |
| 2019 | $616 -12.4% | $590,700 +962.4% |
| 2018 | $703 -58% | $55,600 -57.3% |
| 2017 | $1,673 | $130,150 -0.6% |
| 2016 | $1,673 | $130,900 +2.5% |
| 2014 | $1,673 | $127,700 +5.4% |
| 2013 | -- | $121,200 |
| 2012 | $166 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $119 | -- |
| 2008 | -- | -- |
| 2007 | $122 -48.8% | -- |
| 2006 | $239 +38.4% | -- |
| 2005 | $172 | -- |
| 2004 | -- | -- |
| 2002 | -- | -- |
| 2001 | $387 -3.9% | $91,800 |
| 2000 | $402 | $91,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 98503
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