2509 College Street Se, Lacey, Washington 98503

WA, Lacey
$539,000
  • 4 Beds
  • 3 Bath
  • 2,300 Sqft
  • Residential Property Type
  • 1958 Year Built
  • Pending Status
Property Description

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!

Source: NWMLS
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2485512
  • Price: $539,000
  • View: Territorial
  • Bedrooms: 4
  • Bathrooms: 3
  • Square Footage: 2,300 Sqft
  • Year Built: 1958
  • Lot Area: 0.23 Acre
  • Status: Pending
  • Office Name: Realty One Group Enterprise
  • Agent Name: Walter Cave
  • Full Bathrooms: 1
  • Property Sub Type: Single Family Residence
  • Roof: Composition
Features
  • Heating System Forced Air, Ductless, Fireplace Insert, Wall Furnace
  • Cooling System Ductless
  • Basement Finished
  • Fireplace Wood Burning
  • Parking Driveway, Attached Garage, Detached Carport
  • Exterior Features Wood, Wood Products
  • Fireplaces Total: 1
  • Flooring Ceramic Tile, Hardwood, Laminate
  • Interior Features Fireplace, Vaulted Ceiling(s), Second Kitchen, Dining Room, Ceiling Fan(s), Pantry
  • Sewer Sewer Connected
Appliances
  • Disposal
  • Stove(s)/Range(s)
  • See Remarks
  • Dishwasher
  • Refrigerator
  • Dryer
  • Washer
Address Map
  • Country US
  • State WA
  • County Thurston
  • City Lacey
  • Zipcode 98503
  • Street: College
  • Street Number: 2509
  • Street Suffix: Street
  • Longitude: W123° 10' 34.7''
  • Latitude: N47° 1' 28.8''
  • Directions: South on College St. Property on the right.
  • Mls Area Major: 450 - Lacey
  • Street Dir Suffix: SE
Neighborhood
  • Elementary School: Lacey Elem
  • High School: Buyer To Verify
  • High School District: North Thurston
  • Middle School: Komachin Mid
Additional Information
  • Water Source: Public
  • On Market Date: 2026-03-02
  • Lot Features: Paved
  • Levels: One
  • Foundation Details: Poured Concrete, Slab
  • Construction Materials: Wood
  • Attached Garage Yn: 1
Financial
  • Tax Annual Amount: 5016
Listing Information
  • List Agent Mls Id: 82066
  • List Office Mls Id: 6301
  • Listing Term: Cash,Conventional,FHA,VA Loan
  • Mls Status: Pending
  • Modification Timestamp: 2026-03-31T12:27:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-03-31T12:25:15Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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