1212 E St SE Lacey, WA 98503
Sold
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Real Estate Shoreline / JC Gagnaire and Skyline Properties, Inc.

  1212 E St SE Lacey, WA 98503

Sold on 10/16/2020
$685,000 (USD)
8
BED
4
BATH
3,456
SQFT

Description

4-unit multi-family building. 2 bedroom, 1 bathroom layouts. Coin operated on-site laundry producing additional income. Currently operating at below market rents. 7% potential cap rate with rents at market. New roof installed in 2018. New exterior paint, 2 new water heaters and all new appliances in the 4 units within the last 2 years. Close to shopping, restaurants, schools & public transit.

MLS #:
1635491
Taxes
$4,538(2020)
Lot Size
7,887 SQFT
Type
Multifamily
Year Built
1986
Style
4-Plex
School District
North Thurston
County
Thurston County
Community
Lacey

Listed By

JC Gagnaire, Windermere Real Estate Shoreline
Bought with
Aaron Nelson, Skyline Properties, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 16 2025 at 4:09 PM PST
Bathroom Details
Lot Information
  • Paved Street
Property Features
  • Cable Tv
  • Fenced-Partially
Heating and Cooling
  • Wall
Exterior Features
  • Wood Products
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Energy: Electric
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 11, 2020
Price Changed
$685,000
-1%
-$10,000
Jul 23, 2020
Listed
$695,000
-
-
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5%
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Based on information submitted to the MLS GRID as of 12/16/25 08:09. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.