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2509 College Street SE Lacey, WA $ 539,000
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$ 539,000 Get more info
2509 College Street SE
$ 539,000
Back to search
Share Save

2509 College Street SE

Lacey, WA, 98503
$ 539,000
Bedrooms4 Baths3.0 Sq 2,300

Monthly Estimate*

$ 3,319

Listed by Realty One Group Enterprise
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Single Family Home for sale in Lacey, WA

for $539,000 with 4 bedrooms and 3 full baths. This 2,300 square foot home was built in 1958 on a lot size of 0.2284.

Investor Opportunity! Maximize returns with this versatile property—easily configured into three income-generating units. Ideal for multigenerational living or military buyers seeking passive income. High-visibility frontage creates the perfect setup for a home-based business, with multiple streams of revenue. Remarkable 4BR home offering exceptional versatility! Meticulously maintained, this spacious layout includes three independent living areas that can easily reconnect for multi-generational living or solid rental income. The downstairs was previously rented for $1,500/mo, the upstairs for $1,800/mo, and the separate salon unit—featuring beautiful cedar walls/ceilings and three stations—currently rents for $1,200/mo as a living space. This unit is also perfect for a home business or creative studio! Major updates were completed in 1998, and the home includes a newer roof. Enjoy massive parking for 10+ vehicles plus a 2-car carport. Ideally located near shopping, dining, and bus lines. Sold As-Is. Rate buydown and closing cost assistance are available through our partner lender!

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Single Family Pending

Price

$ 539,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 5,016

Style

1 Story w/Bsmnt.

Lot Size

0.2284

Year Built

1958

Town/City

Lacey

County/Region

Thurston

MLS | Web ID

2485512
Features
General
Living Area 2300
Sewer Sewer Connected
Heating Ductless Fireplace Insert Forced Air Wall Furnace
Cooling Ductless
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Dryer Refrigerator See Remarks Stove(s)/Range(s) Washer
HOA Fee 0
Security Features Partially Fenced
Year Built 1958
View Territorial
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Thurston
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Lacey
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Pending
Directions South on College St. Property on the right.
High School Buyer To Verify
City Lacey
Entry Location Lower Main
Senior Community Y/N N
High School District North Thurston
MLS Area 450 - Lacey
Lot Size Units Square Feet
Lot Size Square Feet 9950
Carport Y/N Y
Listing Terms Cash Conventional FHA VA Loan
Elementary School Lacey Elem
Land Lease Y/N N
Tax Annual Amount 5016
Middle/Junior High School Komachin Mid
Property Condition Good
Public Remarks Investor Opportunity! Maximize returns with this versatile propertyeasily configured into three income-generating units. Ideal for multigenerational living or military buyers seeking passive income.
Structure Type House
Building Area Units Square Feet
Standard Status Pending
Water Company City of Lacey Utility
Total Actual Rent 1500
Property Style 16 - 1 Story w/Bsmnt.
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Interior
Interior Amenities Second Kitchen Ceiling Fan(s) Dining Room Fireplace Pantry Vaulted Ceiling(s)
Basement Finished
Flooring Ceramic Tile Hardwood Laminate
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 2
Total Bedrooms 4
Main Level Bedrooms 3
Total Baths 3
Bedrooms Possible 4
Fireplaces Main 1
Power Production Type Electric Natural Gas Wood
Baths Three Quarter Garage 0
Baths Three Quarter Lower 1
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 1
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.5
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Exterior
Exterior Amenities Wood Wood Products
Parking Features Detached Carport Driveway Attached Garage
Lot Features Paved
Water Source Public
Total Parking 12
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Refrigerator(s) See Remarks Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete Slab
Building Area Total 2300
Lot Size Acres 0.2284
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Gas Available High Speed Internet Shop
Parking Uncovered Total 10
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Internal Only
OriginalMLSID NWM2485512
Street Number 1 2509
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* Excluded Features
List By
Walter Cave

Listing Agent

Realty One Group Enterprise

Broker

Affordability Calculator

$3,737
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,319
Monthly Property Taxes
$418
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
257259 Elementary School
256905 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$539,000 Listed Price

Map

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2509 College Street SE, Lacey, WA, 98503 is a Single Family Home for sale at $539,000 with 2,300 sqft and a lot size of 0.2284. 2509 College Street SE has 4 bedrooms, 3.0 baths, and was built in 1958. The property's zip code is 98503 which is in Lacey, WA

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