8623 Steilacoom RD SE Lacey, WA $ 1,350,000
8623 Steilacoom RD SE
$ 1,350,000
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8623 Steilacoom RD SE

Lacey, WA, 98503
$ 1,350,000
Bedrooms4 Baths2.0 Sq 2,048

Monthly Estimate*

$ 8,524

8623 Steilacoom RD SE, Lacey, WA 98503 - Image 1
8623 Steilacoom RD SE, Lacey, WA 98503 - Image 2
8623 Steilacoom RD SE, Lacey, WA 98503 - Image 3

Multi-Family Home for sale in Lacey, WA

for $1,350,000 with 4 bedrooms and 2 full baths. This 2,048 square foot home was built in 1979 on a lot size of 1.28.

Existing Duplex on 1.28 acres Approved plans to pick up at city of Lacey 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. Design for power with PSE . Option 2 just enjoy The large lot and remodel existing duplex adding additional bedrooms and a second story. Home was originally on septic and was limited to 2 bedrooms per unit. Duplex is on city sewer and Private well serving duplex. Lots of room for RV parking and flat areas to build covered RV or hobby storage. Can also build a single 1000 SF ADU if subdivided may build up to 2 ADU per lot plus primary home NEW ADU rules for Lacey adopted 6/28/26 Option 3 Possible daycare or group home need to check with city on daycare option. Option 4 do subdivision and City finalizes sub lot rules create additional lots. Each unit 2 bedroom One bath each unit. Converted to Natural gas for Furnace and added A/C unit. hook up for gas BBQ and Dryer. stub for hot water next to furnace. Garage conversion would add 3rd bedroom and Bath. Primary bedroom can convert walk in closet to bathroom. Unit A 1008 SF. B 1040 SF. lots of possibilities. Would also consider Partial sale to do development of new lots.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,642

Style

Lot Size

1.28

Year Built

1979

Town/City

Lacey

County/Region

Thurston

MLS | Web ID

785631306

Features
General
Sewer Other SepticTank
Heating ForcedAir90
Roof Composition
Zoning Mfam
Garage Spaces 2.0
Security Features SecuritySystemLeased
Year Built 1979
Stories Count 1
Parcel Number 11813241002
Gross Income 0
County Thurston
Net Operating Income 0
Operating Expense 10642.0
Property Type MultiFamily
HOA N
Rent Includes Sewer
Status Active
Directions North or Southbound on I-5 exit 111 head south to Steilacoom road and turn Left. follow to private r
High School Other
City Lacey
Number Of Units Total 3
MLS Area _99
Lot Size Square Feet 55756.0
Listing Terms Cash Conventional
Elementary School Other
Tax Annual Amount 5642.0
Middle/Junior High School Other
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 13-18-1W S2 NW NKA TRACT A BLA-1763 2473/441 AMEN 3004122
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Exterior
Parking Features Carport Garage
Lot Features CornerLot
Water Source Other Well
Total Parking 10.0
Exterior Description WoodSiding
Building Area Total 2048.0
Lot Size Acres 1.28
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Interior
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 8623
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* Excluded Features
List By
Congress Realty, Inc

Broker

888-881-4118

Contact

Affordability Calculator

$8,994
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,524
Monthly Property Taxes
$470
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$1,350,000 Listed Price

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8623 Steilacoom RD SE, Lacey, WA, 98503 is a Multi-Family Home for sale at $1,350,000 with 2,048 sqft and a lot size of 1.28. 8623 Steilacoom RD SE has 4 bedrooms, 2.0 baths, and was built in 1979. The property's zip code is 98503 which is in Lacey, WA