3108 Ponderosa Street NE Lacey, WA $ 849,950
3108 Ponderosa Street NE
$ 849,950
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3108 Ponderosa Street NE

Lacey, WA, 98516
$ 849,950
Baths0.0 Sq 3,532

Monthly Estimate*

$ 5,233

Listed by Blue Summit Realty LLC
3108 Ponderosa Street NE, Lacey, WA 98516 - Image 1
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Studio

Multi-Family Home for sale in Lacey, WA

for $849,950. This 3,532 square foot home was built in 2020 on a lot size of 0.1101.

Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

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Multi-Family Active

Price

$ 849,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,158

Style

Duplex

Lot Size

0.1101

Year Built

2020

Town/City

Lacey

County/Region

Thurston

MLS | Web ID

2528933

Features
General
Living Area 0
Sewer Sewer Connected
Heating 90%+ High Efficiency Ductless Wall Furnace
Cooling 90%+ High Efficiency Ductless
Possession Closing See Remarks
Roof Composition
HOA Fee 660
Garage Spaces 4
Security Features Partially Fenced
Year Built 2020
Property Subtype Multi Family
Tax Year 2026
Building Name Gateway North
Assoc Fee Paid Per Annually
County Thurston
Net Operating Income 48160
Insurance Expense 1550
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Lacey
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 North on Marvin left on 32nd left on Ponderosa.
City Lacey
Senior Community Y/N N
High School District North Thurston
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 446 - Thurston Ne
Lot Size Units Square Feet
Lot Size Square Feet 4796
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 10158
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks Rare opportunity to own a newer duplex featuring 4 large bedrooms 2.5 baths and 1 742 sqft per unit along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in
Leasable Area 3484
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Lacey
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 5.6
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Exterior
Exterior Amenities Cement/Concrete Wood Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3532
Lot Size Acres 0.1101
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet Patio
Parking Uncovered Total 4
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
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 NWM2528933
Street Number 1 3108
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* Excluded Features
List By
Brian J Dermanoski

Listing Agent

Blue Summit Realty Llc

Broker

Affordability Calculator

$6,080
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,233
Monthly Property Taxes
$847
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
257450 Elementary School
258892 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$849,950 Listed Price

Map


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3108 Ponderosa Street NE, Lacey, WA, 98516 is a Multi-Family Home for sale at $849,950 with 3,532 sqft and a lot size of 0.1101. 3108 Ponderosa Street NE is a studio with 0.0 baths and was built in 2020. The property's zip code is 98516 which is in Lacey, WA