Fantastic opportunity to own a well-maintained duplex in Lacey with a strong rental history. Add to your investment portfolio or live in one side and rent the other. Each two-story unit features 3 bedrooms & 1.5 baths. Main floor living space w .5 bath, upstairs hosts bedrooms/full bath. Both units have large fenced yards, in-unit washer and dryer, a private single-car garage, and driveway parking. Ideally located, this property offers convenient access to shops, restaurants, schools, parks and freeway access. New Septic, Pumping Station & Drain field. New Hardie Plank Siding and Exterior Paint in 2023.
Active
Listed by: Redfin • Tarah A Yurovchak
Price cut: $7K (4/21)
$682,000
643 School Street SE, Lacey, WA 98503
6beds
4baths
2,600sqft
Duplex
Built in 1993
-- sqft lot
$678,300 Zestimate®
$262/sqft
$-- HOA
What's special
Driveway parkingTwo-story unitPrivate single-car garageNew hardie plank sidingIn-unit washer and dryerLarge fenced yardsMain floor living space
- 169 days |
- 311 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Tarah A Yurovchak,
Redfin
Source: NWMLS as distributed by MLS GRID,MLS#: 2472540
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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
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: $262/sqft
- Tax assessed value: $537,500
- Annual tax amount: $5,785
- Date on market: 1/29/2026
- Cumulative days on market: 171 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$678,300
$644,000 - $712,000
$2,097/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Price change | $682,000-1%$262/sqft |
Source:  NWMLS as distributed by MLS GRID #2472540 Report a problem | ||
| 3/6/2026 | Price change | $689,000-1.3%$265/sqft |
Source: NWMLS as distributed by MLS GRID #2472540 Report a problem | ||
| 1/30/2026 | Listed for sale | $698,000+315.5%$268/sqft |
Source: NWMLS as distributed by MLS GRID #2472540 Report a problem | ||
| 10/5/1999 | Sold | $168,000+1.8%$65/sqft |
Source: Public Record Report a problem | ||
| 8/24/1995 | Sold | $165,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98503
Nearby schools
GreatSchools rating
- 4/10Lydia Hawk Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Nisqually Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10River Ridge High SchoolGrades: 9-12Distance: 1.7 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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