4938 Wilshire Court SE # A & B Lacey, WA $ 575,000
4938 Wilshire Court SE # A & B
$ 575,000
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4938 Wilshire Court SE # A & B

Lacey, WA, 98503
$ 575,000
Baths0.0 Sq 1,650

Monthly Estimate*

$ 3,540

Listed by Van Dorm Realty, Inc
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Studio

Multi-Family Home for sale in Lacey, WA

for $575,000. This 1,650 square foot home was built in 1990 on a lot size of 0.1903.

A great opportunity for investors or owner-occupants seeking a highly accessible location. Well-maintained one-level duplex tucked away at the end of a quiet cul-de-sac, just a short walk to Rainier Vista Park. Each unit offers 825 sq ft, featuring a fenced yard, private patio, and one-car garage with additional driveway parking. Ideal location with easy access to I-5 and JBLM. Plus nearby schools, medical, restaurants, golf courses, Chehalis Western Trail and grocery stores for everyday convenience. Bus service available on Ruddell Rd, makes for an easy commute.

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Multi-Family Active

Price

$ 575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,642

Style

Duplex

Lot Size

0.1903

Year Built

1990

Town/City

Lacey

County/Region

Thurston

MLS | Web ID

2465092

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Fully Fenced
Year Built 1990
View Territorial
Unit Number A & B
Property Subtype Multi Family
Tax Year 2025
Building Name Wilshire Estates
County Thurston
Net Operating Income 27481
Insurance Expense 945
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lacey
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions South on Ruddell Rd SE right on 50th Ave to right on Wilshire Ct SE.
High School Buyer To Verify
City Lacey
Senior Community Y/N N
High School District North Thurston
Zoning Description Multi-Family Residential
Open Parking Spaces 2
Number Of Units Total 2
MLS Area 450 - Lacey
Lot Size Units Square Feet
Lot Size Square Feet 8291
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA
Elementary School Buyer To Verify
Tax Annual Amount 4642
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks A great opportunity for investors or owner-occupants seeking a highly accessible location. Well-maintained one-level duplex tucked away at the end of a quiet cul-de-sac just a short walk to Rainier V
Leasable Area 1650
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Lacey
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 4.78
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Exterior
Exterior Amenities Metal/Vinyl Wood Products
Lot Features Cul-De-Sac Dead End Street Paved
Water Source Public
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 1650
Lot Dimensions 40x98x121x138
Lot Size Acres 0.1903
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Fenced-Fully Patio
Parking Uncovered Spaces 2
Lot Number 92
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Interior
Flooring Laminate Vinyl
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2465092
Street Number 1 4938
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* Excluded Features
List By
Beatrice Scott

Listing Agent

Van Dorm Realty, Inc

Broker

Affordability Calculator

$3,927
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$387
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100209 Elementary School
3100259 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$575,000 Listed Price

Map


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4938 Wilshire Court SE # A & B, Lacey, WA, 98503 is a Multi-Family Home for sale at $575,000 with 1,650 sqft and a lot size of 0.1903. 4938 Wilshire Court SE # A & B is a studio with 0.0 baths and was built in 1990. The property's zip code is 98503 which is in Lacey, WA