1608 Ruddell Road Se, Lacey, Washington 98053

WA, Lacey
$1,175,000
  • 12,424 Sqft
  • Residential Income Property Type
  • 1978 Year Built
  • Active Status
Property Description

Rare add-value multifamily investment opportunity in Lacey! Features fully occupied a single-family home and a 4-plex with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2501685
  • Price: $1,175,000
  • Square Footage: 12,424 Sqft
  • Year Built: 1978
  • Lot Area: 0.98 Acre
  • Status: Active
  • Office Name: TS Property Management
  • Agent Name: Brian Shin
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Heat Pump, Forced Air, Baseboard
  • Cooling System None
  • Exterior Features Wood
  • Flooring Carpet, Engineered Hardwood
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Thurston
  • City Lacey
  • Zipcode 98053
  • Street: Ruddell
  • Street Number: 1608
  • Street Suffix: Road
  • Longitude: W123° 10' 56.8''
  • Latitude: N47° 1' 53.4''
  • Directions: From I-5, take Exit 109. Head west on Martin Way, turn left on College St, then left on Lacey Blvd. Turn right on Judd St SE. Property is on the right at 1608 Ruddell Rd SE.
  • Mls Area Major: 450 - Lacey
  • Street Dir Suffix: SE
Neighborhood
  • Elementary School: Mountain View Elementary
  • High School: North Thurston High
  • High School District: North Thurston
  • Middle School: Chinook Mid
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • On Market Date: 2026-04-02
  • Number Of Units Total: 5
  • Lot Features: Paved, Sidewalk
  • Foundation Details: Poured Concrete, Slab
  • Construction Materials: Wood
Listing Information
  • List Agent Mls Id: 55802
  • List Office Mls Id: 1628
  • Listing Term: Cash
  • Mls Status: Active
  • Modification Timestamp: 2026-04-10T00:13:12Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-02T18:37:53Z
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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