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    • Listed by: Redfin • Tarah A Yurovchak • 253-318-8660
    Bought with: Real Broker LLC
    $675,000

    643 School Street SE, Lacey, WA 98503

    6beds
    4baths
    2,600sqft
    Duplex, Multi Family
    Built in 1993
    -- sqft lot
    $674,600 Zestimate®
    $260/sqft
    $1,735 Estimated rent

    Home value

    $674,600

    $641,000 - $708,000

    $1,735/mo

    Zestimate® history
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    $1,735/mo

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    $4,326/mo

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    $4,326/mo

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    What's special

    Attached garageSeparate drivewayPrivate fenced yardNewer hardie sidingExterior paint
    Big-ticket improvements are already done! This spacious Lacey duplex features newer Hardie siding, exterior paint, septic system, drain field and pumping station, taking care of several major expenses for the next owner. Each unit offers 3 bedrooms, 1.5 baths, an attached garage, private fenced yard and separate driveway, all situated on a large .56-acre lot. Whether you're looking to add a rental property to your investment portfolio or live in one side and rent the other to help offset your monthly housing costs, this property offers flexibility and long-term potential. The two 3-bedroom units provide strong rental appeal, while the separate yards and garages give each side the feel and privacy of a home. Conveniently located near shopping, schools, parks and I-5. A great opportunity to own a duplex with significant improvements already completed and the ability to add value over time.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tarah A Yurovchak 253-318-8660 tarah.yurovchak@redfin.com,

    Redfin

    Bought with:

    Alexis Moore, 21033409

    Real Broker LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2472540MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Wall Furnace, Electric
    Cooling
    • None
    Features
    • Flooring: Laminate, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Pool features: Community
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.56 Acres
    • Features: Corner Lot, Paved, Sidewalk, Cable TV, Fenced-Fully, Outbuildings, Patio
    Details
    • Parcel number: 64200000100
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Cement Planked, Wood Products, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1993

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Community, Company: Thurston PUD

    Community & HOA

    Community
    • Subdivision: Lacey
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $260/sqft
    • Tax assessed value: $562,400
    • Annual tax amount: $5,785
    • Date on market: 1/30/2026
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/25/2026Sold$675,000$260/sqft
    Source: NWMLS as distributed by MLS GRID #2472540 Report a problem
    8/26/2026Pending sale$675,000$260/sqft
    Source: NWMLS as distributed by MLS GRID #2472540 Report a problem
    7/24/2026Price change$675,000-1%$260/sqft
    Source: NWMLS as distributed by MLS GRID #2472540 Report a problem
    4/21/2026Price change$682,000-1%$262/sqft
    Source: NWMLS as distributed by MLS GRID #2472540 Report a problem
    3/6/2026Price change$689,000-1.3%$265/sqft
    Source: NWMLS as distributed by MLS GRID #2472540 Report a problem
    1/30/2026Listed for sale$698,000+315.5%$268/sqft
    Source: NWMLS as distributed by MLS GRID #2472540 Report a problem
    10/5/1999Sold$168,000+1.8%$65/sqft
    Source: Public Record Report a problem
    8/24/1995Sold$165,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,034 +4.3%$562,400 +4.6%
    2024$5,786 -5.5%$537,500 -13.2%
    2023$6,121 +9.4%$619,300 +10.6%
    2022$5,593 -0.1%$559,900 +20.9%
    2021$5,597 +27.8%$463,200 +38.4%
    2020$4,380 +21.8%$334,700 -3.6%
    2019$3,595 -8.7%$347,100 +12.4%
    2018$3,938 +26.4%$308,700 +20.6%
    2017$3,115 $256,050 +9.5%
    2016$3,115 $233,900 +5.2%
    2014$3,115 $222,400 +6.8%
    2013-- $208,200
    2012$2,721 --
    2011-- --
    2010-- --
    2009$2,872 --
    2008-- --
    2007$2,694 -33.4%--
    2006$4,043 +48.1%--
    2005$2,729 --
    2004-- --
    2002-- --
    2001$2,694 -1.9%$166,700 +0.8%
    2000$2,747 $165,300
    Find assessor info on the county website

    Neighborhood: 98503

    Nearby schools

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    Estimated market value
    $674,600
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    Estimated market value
    $674,600

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