Bought with: Premier Real Estate Partners
$525,000
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7438 Mullen RD SE #A-B Lacey, WA 98503
4 Beds
2 Baths
1,765 SqFt
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,765 sqft
Price per Sqft $297
Subdivision Lacey
MLS Listing ID 2476490
Sold Date 10/21/26
Style 52 - Duplex
Bedrooms 4
Year Built 1977
Annual Tax Amount $5,965
Lot Size 0.305 Acres
Property Sub-Type Multi Family
Property Description
Well-maintained duplex tucked away on a quiet street in a highly desirable Lacey location, conveniently close to schools, shopping, and everyday amenities. This side-by-side property features two spacious 2-bedroom, 1-bath units, each with an attached garage and private fenced yard — an attractive setup for both tenants and owner-occupants. Designed with a functional, conventional layout, each unit offers a large living area, generous kitchen with direct backyard access, and in-unit washer and dryer. Strong rental history with recent upgrades. This desirable investment creates flexibility for investors or those looking to offset their mortgage through house hacking. With consistent rental performance, fair-market rents, and solid construction, this property presents an excellent opportunity to add a reliable asset to your investment portfolio. Units A and B are currently rented for $2,100 apiece!
Location
State WA
County Thurston
Area 450 - Lacey
Interior
Flooring Laminate, Vinyl
Fireplace false
Exterior
Exterior Feature Wood Products
Garage Spaces 2.0
Amenities Available Fenced-Partially, Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Woodland Elem
Middle Schools Komachin Mid
High Schools Timberline High
School District North Thurston
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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