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.
Active
Listed by: Blue Summit Realty LLC • Brian J Dermanoski
$849,950
3120 Ponderosa Street NE, Lacey, WA 98516
6beds
6baths
3,484sqft
:
Get pre-qualified$5,423/mo
Duplex, Multi Family
Built in 2020
-- sqft lot
$841,900 Zestimate®
$244/sqft
$55/mo HOA
What's special
Bonus roomGranite counters throughoutFenced rear yardsCustom siding accentsStainless appliancesSolid surface flooring throughout
- 77 days |
- 118 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Brian J Dermanoski,
Blue Summit Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2528928
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- 90%+ High Efficiency, Ductless, Wall Furnace, Electric
Cooling
- 90%+ High Efficiency, Ductless
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 3,484
- Total interior livable area: 3,484 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 4
- Uncovered spaces: 4
Lot
- Size: 4,739 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Partially, High Speed Internet, Patio
Details
- Parcel number: 50330000700
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Cement/Concrete, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2020
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
HOA
- HOA fee: $660 annually
Location
- Region: Lacey
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $915,700
- Annual tax amount: $10,083
- Date on market: 5/27/2026
- Cumulative days on market: 77 days
- Listing terms: Conventional
Estimated market value
$841,900
$800,000 - $884,000
$2,874/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $849,950+328.9%$244/sqft |
Source:  NWMLS as distributed by MLS GRID #2528928 Report a problem | ||
| 1/31/2020 | Sold | $198,171+58.5%$57/sqft |
Source: Public Record Report a problem | ||
| 8/12/2019 | Sold | $125,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,506 +1.1% | $915,700 -6.9% |
| 2023 | $9,399 +21.1% | $984,000 +20.6% |
| 2022 | $7,759 +7.7% | $815,900 +31.6% |
| 2021 | $7,205 -9.1% | $619,800 -2.4% |
| 2020 | $7,923 | $635,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98516
Nearby schools
GreatSchools rating
- 5/10Pleasant Glade Elementary SchoolGrades: PK-5Distance: 2 mi
- 5/10Chinook Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10North Thurston High SchoolGrades: 9-12Distance: 2.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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