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  • Listed by: MVP Realty Group • Marti Baker
    Bought with: eXp Realty
    $725,000

    6646 Kinwood Park Lane SE, Lacey, WA 98503

    6beds
    3baths
    2,680sqft
    Triplex, Multi Family
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $271/sqft
    $2,390 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,390/mo

    Zestimate® history
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    What's special

    On-site coin-operated laundryThree covered carport stallsSupplemental wall heaters
    Well-maintained triplex offering strong in-place performance and upside in a convenient Olympia location. Each of the three units features a 2-bedroom, 1-bath layout, with two units thoughtfully renovated to enhance comfort and efficiency. The property has benefited from strategic improvements that have increased overall performance by approximately 17%, creating a solid investment opportunity. All units are equipped with their own mini-split heat pumps for efficient heating and cooling, along with supplemental wall heaters. The upstairs unit is slightly larger and occupied by a long-term tenant, providing reliable rental history. A divided backyard offers private outdoor space for tenants. Additional income is generated through on-site coin-operated laundry. Parking is plentiful with six dedicated spaces, including three covered carport stalls. No HOA dues to impact cash flow or operations. Check out the virtual tour to see a different unit! Ideally suited for investors seeking a solid asset with modern updates, reliable tenancy, and room to continue optimizing returns.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marti Baker,

    MVP Realty Group

    Bought with:

    Johnny Pat Marasigan Abarra, 24025500

    eXp Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2468139MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Ductless, Wall Furnace, Electric
    Cooling
    • Ductless
    Features
    • Flooring: Vinyl, Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,680
    • Total interior livable area: 2,680 sqft

    Property

    Parking
    • Total spaces: 6
    • Carport spaces: 3
    • Uncovered spaces: 3
    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.64 Acres
    • Dimensions: 149' x 205' x 100' x ~205'
    • Features: Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
    Details
    • Parcel number: 57690000200
    • Zoning description: Multi-Family,Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Tri-plex
    • Property subtype: Triplex, Multi Family
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1986

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Septic Tank, Company: Septic
    • Water: Public, Company: City of Lacey
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Hawks Prairie
    Location
    • Region: Olympia

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $633,700
    • Annual tax amount: $7,021
    • Date on market: 3/20/2026
    • Cumulative days on market: 124 days
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/4/2026Sold$725,000$271/sqft
    Source: NWMLS as distributed by MLS GRID #2468139 Report a problem
    1/29/2026Pending sale$725,000$271/sqft
    Source: NWMLS as distributed by MLS GRID #2468139 Report a problem
    1/15/2026Listed for sale$725,000+5.8%$271/sqft
    Source: NWMLS as distributed by MLS GRID #2468139 Report a problem
    1/18/2024Sold$685,000-2.1%$256/sqft
    Source: NWMLS as distributed by MLS GRID #2170301 Report a problem
    12/20/2023Pending sale$699,999$261/sqft
    Source: NWMLS as distributed by MLS GRID #2170301 Report a problem
    10/24/2023Price change$699,999-6.7%$261/sqft
    Source: NWMLS as distributed by MLS GRID #2170301 Report a problem
    10/13/2023Listed for sale$749,900+82.9%$280/sqft
    Source: NWMLS as distributed by MLS GRID #2170301 Report a problem
    3/25/2019Sold$410,000-4.7%$153/sqft
    Source: NWMLS as distributed by MLS GRID #1408095 Report a problem
    2/6/2019Pending sale$430,000$160/sqft
    Source: John L Scott Real Estate #1408095 Report a problem
    2/5/2019Listed for sale$430,000+48.3%$160/sqft
    Source: John L Scott Real Estate #1408095 Report a problem
    11/24/2010Listing removed$290,000$108/sqft
    Source: NCI #3127 Report a problem
    9/25/2010Listed for sale$290,000+84.4%$108/sqft
    Source: NCI #3127 Report a problem
    5/8/2000Sold$157,289$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,022 +14.4%$633,700 +2.3%
    2023$6,137 +10.7%$619,500 +12%
    2022$5,546 -1.6%$553,300 +19%
    2021$5,635 +24.4%$464,900 +34.8%
    2020$4,529 +22.5%$345,000 +1.2%
    2019$3,698 -6.1%$340,900 +16.7%
    2018$3,938 +31.2%$292,200 +22.5%
    2017$3,002 $238,600 +8.4%
    2016$3,002 $220,100 +11.3%
    2014$3,002 $197,800 +6.1%
    2013-- $186,400
    2012$2,444 --
    2011-- --
    2010-- --
    2009$2,691 --
    2008-- --
    2007$2,481 -34.6%--
    2006$3,797 +54.6%--
    2005$2,456 --
    2004-- --
    Find assessor info on the county website

    Neighborhood: 98503

    Nearby schools

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