8623 Steilacoom Road SE # A-B Lacey, WA $ 1,750,000
8623 Steilacoom Road SE # A-B
$ 1,750,000
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8623 Steilacoom Road SE # A-B

Lacey, WA, 98513
$ 1,750,000
Baths0.0 Sq 2,048

Monthly Estimate*

$ 10,775

Listed by Congress Realty
8623 Steilacoom Road SE # A-B, Lacey, WA 98513 - Image 1
8623 Steilacoom Road SE # A-B, Lacey, WA 98513 - Image 2
8623 Steilacoom Road SE # A-B, Lacey, WA 98513 - Image 3
8623 Steilacoom Road SE # A-B, Lacey, WA 98513 - Image 4
8623 Steilacoom Road SE # A-B, Lacey, WA 98513 - Image 5
8623 Steilacoom Road SE # A-B, Lacey, WA 98513 - Image 6
8623 Steilacoom Road SE # A-B, Lacey, WA 98513 - Image 7
Studio

Multi-Family Home for sale in Lacey, WA

for $1,750,000. This 2,048 square foot home was built in 1979 on a lot size of 1.28.

Existing Duplex on 1.28 acres Enhanced short plat Approval. Approved plans to pick up at city to start sewer and water extension sidewalk street trees for 1 lot to become Seven Lots. Existing Duplex will become 2 town homes separate lots plus 5 new single home lots. 7 lots total. Per Wa state 2 Adu's can be added per lot and sold separate. Total 7 homes plus 14 each 1000 Sf ADU's could be on Property. Design for power in place will expire 5/23/26 . power plan does not include ADU's will have to be modified. 1.5 miles from I-5. Costco Home depot also 1.5 miles away. Lacey is a growing city of roughly 60,000 residents

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,642

Style

Duplex

Lot Size

1.28

Year Built

1979

Town/City

Lacey

County/Region

Thurston

MLS | Web ID

2516943

Features
General
Living Area 0
Sewer Sewer Connected
Heating 90%+ High Efficiency
Cooling See Remarks
Possession Negotiable
Roof Composition
HOA Fee 0
Garage Spaces 2
Security Features Partially Fenced Security System
Year Built 1979
View Mountains
Unit Number A-B
Property Subtype Multi Family
Tax Year 2026
County Thurston
Net Operating Income 0
Insurance Expense 4700
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Lacey
Special Listing Conditions None
Status Active
Directions North or Southbound on I-5 exit 111 head south to Steilacoom road and turn Left. follow to private road 8623 Steilacoom rd se turn right. Property is on your left
High School River Ridge High
City Lacey
Senior Community Y/N N
High School District North Thurston
Number Of Units Total 2
MLS Area 450 - Lacey
Lot Size Units Square Feet
Lot Size Square Feet 55757
Carport Spaces 2
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Chambers Prairie El
Tax Annual Amount 5642
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Nisqually Mid
Property Condition Fair
Public Remarks Existing Duplex on 1.28 acres Enhanced short plat Approval. Approved plans to pick up at city to start sewer and water extension sidewalk street trees for 1 lot to become Seven Lots. Existing Duplex
Leasable Area 2048
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Water Company City of Lacey
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0
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Exterior
Exterior Amenities Wood Products
Lot Features Corner Lot
Water Source Shared Well
Total Parking 10
Building Area Total 2048
Lot Size Acres 1.28
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Total 6
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 4
Power Production Type Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2516943
Street Number 1 8623
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* Excluded Features
List By
Andrew English

Listing Agent

Congress Realty

Broker

Affordability Calculator

$11,245
Per Month
96%
4%
0%
Monthly Principal & Interest
$10,775
Monthly Property Taxes
$470
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
258068 Elementary School
256903 Middle School
River Ridge High High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$1,750,000 Listed Price

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8623 Steilacoom Road SE # A-B, Lacey, WA, 98513 is a Multi-Family Home for sale at $1,750,000 with 2,048 sqft and a lot size of 1.28. 8623 Steilacoom Road SE # A-B is a studio with 0.0 baths and was built in 1979. The property's zip code is 98513 which is in Lacey, WA