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Listing provided courtesy of David Kelley, Kidder Mathews.
Source NWMLS.

8607 Steilacoom Rd Se, Lacey, WA 98513$995,000

--
bed
--
bath
· 33105
ft2 lot

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Kidder Mathews is please to present the Lacey Tri-Plex for sale in Olympia, WA Built in 1997, the Lacey Tri-Plex is comprised of 3-units holding one 2,600 SF duplex and one 1,800 SF apartment above a large 2 bay 2,520 SF shop. Excellent value-add opportunity, this offering holds below market rents and original interiors ripe for renovations. This unique asset is being offered to investors at a 5% cap rate with proforma market cap potential of well over a 6% cap.

HOA

$—/month

On market

8 months

Year built

1997

Property type

Residential Income

Parking

8

MLS

1785405

Price / Sq.Ft.

ft2

Status

Active

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Home details for 8607 Steilacoom Rd Se

Interior Features & Layout
Heating & Cooling
•   
Heating Details: Baseboard
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Size Source: Public Record
•   
Developer/Bldr Lot: Lacey
•   
Lot Dimensions: 33105
•   
Acres: 0.76 acre(s)
Property Type
•   
Mls Prop Type: Residential Income
Building Info
•   
Building Condition: Good
•   
Style: Tri-plex
•   
Stories: 2
•   
Roof: Composition
Property Features
•   
Living Area Units: Square Feet
Parking Info
•   
Covered Spaces: 4
Utilities & Other Information
Utilities
•   
Utilities: Septic System, Electricity Available, Septic System, Electricity Available
Water & Sewer Info
•   
Sewer: Septic Tank
Listing Details, Costs & Financing Information
Terms
•   
Terms: Conventional
Tax/Assessment Info
•   
Tax Year: 2021
•   
Taxes: 10025.0
Listing Details
•   
Sale Type: Resale/New
Listing Info
•   
Status: Active
School Neighborhood & Directions
Location
•   
Subdivision: Lacey
School Info
•   
Directions: Continue to I-705 S // Take I-5 S to Martin Way E in Thurston County. Take exit 114 from I-5 S // Continue on Martin Way E. Drive to Steilacoom Rd SE

Neighborhood snapshot

25
Properties for sale
5
Median days on market
$260.42
Median sold price/sqft
103.77%
Sold/List %
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Property History for 8607 Steilacoom Rd Se

01/18/2022
01/18/2022
NWMLS #1785405
pending
NWMLS #1785405
$995,000
01/04/2022
01/04/2022
NWMLS #1785405
active
NWMLS #1785405
$995,000
--5.24%
10/02/2021
10/02/2021
NWMLS #1785405
cancelled
NWMLS #1785405
$1,050,000
06/03/2021
06/03/2021
NWMLS #1785405
active
NWMLS #1785405
$1,050,000
+5.53%
06/03/2021
06/03/2021
NWMLS #1785405
active
NWMLS #1785405
$995,000
+184.29%
See more property history

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0 bed
0 bath
 ft²
 · 
86549
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Courtesy of NWMLS

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