1214 Hall Street SE # A&B Lacey, WA $ 1,299,950
1214 Hall Street SE # A&B
$ 1,299,950
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1214 Hall Street SE # A&B

Lacey, WA, 98503
$ 1,299,950
Baths0.0 Sq 5,620

Monthly Estimate*

$ 8,004

Listed by Blue Summit Realty LLC
1214 Hall Street SE # A&B, Lacey, WA 98503 - Image 1
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Studio

Multi-Family Home for sale in Lacey, WA

for $1,299,950. This 5,620 square foot home was built in 2019 on a lot size of 0.2938.

Excellent quality newer investment opportunity offered substantially under assessed value. Two duplexes featuring 3 bedrooms, 2.5 bath each. All 4 units feature 2 car garages. Both duplexes feature extensive solid surface flooring granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2019 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exteriors feature custom accents and fenced yards. Close to all amenities and freeway access, with great schools nearby.

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Multi-Family Active

Price

$ 1,299,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,873

Style

4-Plex

Lot Size

0.2938

Year Built

2019

Town/City

Lacey

County/Region

Thurston

MLS | Web ID

2534852

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 0
Garage Spaces 8
Security Features Partially Fenced
Year Built 2019
Unit Number A&B
Property Subtype Multi Family
Tax Year 2026
County Thurston
Net Operating Income 78844
Insurance Expense 2700
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lacey
Possible Use Residential
Special Listing Conditions None
Status Active
Directions From I-5 South on Sleater-Kinney Left on Lacey Blvd right on Hall St.
City Lacey
Senior Community Y/N N
High School District North Thurston
Zoning Description Residential
Number Of Units Total 4
MLS Area 450 - Lacey
Lot Size Units Square Feet
Lot Size Square Feet 12800
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 14873
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks Excellent quality newer investment opportunity offered substantially under assessed value. Two duplexes featuring 3 bedrooms 2.5 bath each. All 4 units feature 2 car garages. Both duplexes feature e
Leasable Area 5620
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company Lacey
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 4800
Property Style 54 - 4-Plex
Cap Rate 6
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Exterior
Exterior Amenities Cement Planked Wood Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 12
Foundation Details Slab
Building Area Total 5620
Lot Size Acres 0.2938
Waterfront Y/N N
Covered Spaces 8
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 Ceramic Tile Laminate Carpet
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 NWM2534852
Street Number 1 1214
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* Excluded Features
List By
Brian J Dermanoski

Listing Agent

Blue Summit Realty Llc

Broker

Affordability Calculator

$9,243
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$1,239
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
6/6/2026$1,299,950 Listed Price

Map


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1214 Hall Street SE # A&B, Lacey, WA, 98503 is a Multi-Family Home for sale at $1,299,950 with 5,620 sqft and a lot size of 0.2938. 1214 Hall Street SE # A&B is a studio with 0.0 baths and was built in 2019. The property's zip code is 98503 which is in Lacey, WA