7438 Mullen Road Se #a-b, Lacey, Washington 98503

WA, Lacey
$579,999
  • 1,765 Sqft
  • Residential Income Property Type
  • 1977 Year Built
  • Active Status
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!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2476490
  • Price: $579,999
  • View: Territorial
  • Square Footage: 1,765 Sqft
  • Year Built: 1977
  • Lot Area: 0.30 Acre
  • Status: Active
  • Office Name: Realty One Group Bold
  • Agent Name: Tucker Stanley
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Wall Furnace
  • Cooling System None
  • Carport Spaces: 2
  • Exterior Features Wood Products
  • Flooring Vinyl, Laminate
  • Sewer Septic Tank
Address Map
  • Country US
  • State WA
  • County Thurston
  • City Lacey
  • Zipcode 98503
  • Street: Mullen
  • Street Number: 7438
  • Street Suffix: Road
  • Longitude: W123° 13' 7.6''
  • Latitude: N47° 0' 20.8''
  • Directions: South on Carpenter Road. Turn Right at the stop light on 45th and follow road around. Property will be on your left.
  • Mls Area Major: 450 - Lacey
  • Street Dir Suffix: SE
  • Unit Number: A-B
Neighborhood
  • Elementary School: Woodland Elem
  • High School: Timberline High
  • High School District: North Thurston
  • Middle School: Komachin Mid
Additional Information
  • Water Source: Public
  • Stories Total: 1
  • On Market Date: 2026-02-04
  • Number Of Units Total: 2
  • Garage: 2
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 5965
Listing Information
  • List Agent Mls Id: 114230
  • List Office Mls Id: 6789
  • Listing Term: Cash,Conventional,FHA,VA Loan
  • Mls Status: Active
  • Modification Timestamp: 2026-04-01T19:58:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-02-04T17:26:50Z
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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