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4808 4812 15th Avenue SE Lacey, WA $ 505,000
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$ 505,000 Get more info
4808 4812 15th Avenue SE
$ 505,000
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Recently Listed
Open House 5/30 10:30am - 12pm
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4808 4812 15th Avenue SE

Lacey, WA, 98503
$ 505,000
Baths0.0

Monthly Estimate*

$ 3,109

Listed by Olympic Sotheby's Int'l Realty
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Studio

Lots and Land for sale in Lacey, WA

for $505,000. The lot size is 0.3444.

One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.

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Open House

5/30/2026 10:30 AM - 12:00 PM
4808 4812 15th Avenue SE Lacey, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Lots and Land Active

Price

$ 505,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,892

Style

Res-Less thn 1 Ac

Lot Size

0.3444

Town/City

Lacey

County/Region

Thurston

MLS | Web ID

2531449
Features
General
Living Area 0
Sewer Available In Street
Utilities Electricity Connected Natural Gas Available
Possession Closing
HOA Fee 0
View Territorial
Topography Level
Property Subtype Land
Tax Year 2026
County Thurston
Property Type Land
HOA N
Subdivision Name Lacey
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions Going south on college turn left on Lacey Blvd right on Ruddell Rd right on 15th to home on right.
City Lacey
Senior Community Y/N N
High School District North Thurston
Zoning Description Multi-Family Residential
MLS Area 450 - Lacey
Lot Size Units Square Feet
Lot Size Square Feet 15000
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 4892
Public Remarks One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water sewer and power stubbed to the back of the lo
Structure Type None
Building Area Units Square Feet
Standard Status Active
Gas Status On Property
Property Style 40 - Res-Less thn 1 Ac
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Paved
Water Source On Property
Building Area Total 0
Lot Size Acres 0.3444
Road Surface Type Paved
Waterfront Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2531449
Street Number 1 4808
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* Excluded Features
List By
John Stormans

Listing Agent

Olympic Sotheby's Int'l Realty

Broker

Affordability Calculator

$3,517
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,109
Monthly Property Taxes
$408
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/29/2026$505,000 Listed Price

Map

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4808 4812 15th Avenue SE, Lacey, WA, 98503 is a Lots and Land for sale at $505,000 with a lot size of 0.3444. 4808 4812 15th Avenue SE is a studio with 0.0 baths. The property's zip code is 98503 which is in Lacey, WA

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