Great investment opportunity, 2 well maintained single story duplex's with garage's total of 4 units, on .61 acre lot zoned high density. Current zoning could be a possibility for additional units. Nice open concept floor plans with newer hard surface flooring throughout. Many updates in all units include kitchen, bathroom, windows and flooring. Big and level grass yards with private patios. property highly desirable for the tenants. Conveniently located to schools, shopping, and parks. Easy access to I-5 and JBLM. High cap rate with potential for even higher returns. Washer dryer hook ups tenants provide their own washer and dryers.
Pending inspection
Listed by:
Michael Barber,
NextHome Northwest Group
$950,000
1512 Judd Street NE, Lacey, WA 98516
8beds
4baths
3,208sqft
Est.:
Duplex
Built in 1972
-- sqft lot
$914,400 Zestimate®
$296/sqft
$-- HOA
What's special
Newer hard surface flooringOpen concept floor plansPrivate patiosUpdates in all units
- 25 days
- on Zillow |
- 444 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 12:20pm
Listed by:
Michael Barber,
NextHome Northwest Group
Source: NWMLS,MLS#: 2352617

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Wall Furnace
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,208
- Total interior livable area: 3,208 sqft
Property
Parking
- Total spaces: 12
- Parking features: Open
- Covered spaces: 4
- Uncovered spaces: 8
Lot
- Size: 0.61 Acres
- Features: Dead End Street, Paved, Cable TV, Fenced-Partially, High Speed Internet, Patio
Details
- Parcel number: 11809310403
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1972
- Major remodel year: 1991
Utilities & green energy
- Electric: Company: PSE
- Sewer: Available, Septic Tank, Company: Septic
- Water: Public, Company: City of Lacey
Community & HOA
Community
- Subdivision: Lacey
Location
- Region: Olympia
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $685,800
- Annual tax amount: $7,203
- Date on market: 4/2/2025
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 24 days
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