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    Lacey, WA Apartment Buildings for Sale

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    Olympia, WA Tumwater, WA Tenino, WA
    Versatile Office Building with Access
    $5,700,000
    32,000 SF
    Versatile Office Building with Access

    4500 3rd Ave Se, Lacey, WA 98503

    32,000 SF office building with exceptional access and visibility.
    • Exceptional access to Interstate 5.
    • 32,000 SF versatile office building suitable for various commercial uses.
    • Strategically located near city center and new City Hall, offering a high‑profile presence.
    • Equipped with advanced security systems and specialized clean agent fire suppression.
    • Easily converted to residential apartments or hotel space.
    Updated: Apr 15, 2025
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Lacey, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Olympia Mixed-Use Investment
    $5,650,000
    10,454 SF
    Historic Olympia Mixed-Use Investment

    Mixed-use property with residential and retail in Olympia's Historic District.

    410 Franklin St SE, Olympia, WA 98501

    View details
    Lakewood Multifamily Investment Opportunity
    $1,025,000
    3,080 SF
    Lakewood Multifamily Investment Opportunity

    Eight-unit multifamily property near American Lake boat launch.

    15107 Boat St SW, Lakewood, WA 98498

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    Olympia Multifamily Investment Opportunity
    $4,900,000
    26,136 SF
    Olympia Multifamily Investment Opportunity

    27-unit apartment building in thriving Olympia, WA, with strong cap rates.

    210 Bethel St NE, Olympia, WA 98506

    View details
    Turnkey Lakewood Apartment Investment Opportunity
    $4,000,000
    Turnkey Lakewood Apartment Investment Opportunity

    29-unit apartment community in Lakewood's Springbrook neighborhood.

    5226 Chicago Avenue SW, Lakewood, WA 98499

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Multifamily Development Opportunity
    $3,250,000
    0.83 Acres
    Entitled Multifamily Development Opportunity

    Permitted 50-unit multifamily development with retail space for sale.

    403 N River St lot: 403, 417, & 419, Hailey, ID 83333

    View details
    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres
    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048

    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres
    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534

    View details
    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres
    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384

    View details

    Off-Market Properties in Lacey, WA

    Consider similar Off-Market properties in Lacey, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Lacey, WA 98503
    APARTMENT HOUSE (5+ UNITS)
    83,892 SF Lot: 2.04 Acres
    Estimated value
    $5,745,000

    Lacey, WA 98503

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    1212 Willow SE St, Unit J
    APARTMENT HOUSE (5+ UNITS)
    789 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit J

    1212 Willow SE St, Lacey, WA 98503-2363

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    1212 Willow SE St, Unit I
    APARTMENT HOUSE (5+ UNITS)
    829 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit I

    1212 Willow SE St, Lacey, WA 98503-2363

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    1212 Willow SE St, Unit H
    APARTMENT HOUSE (5+ UNITS)
    817 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit H

    1212 Willow SE St, Lacey, WA 98503-2363

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    1212 Willow SE St, Unit G
    APARTMENT HOUSE (5+ UNITS)
    789 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit G

    1212 Willow SE St, Lacey, WA 98503-2363

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    1212 Willow SE St, Unit D
    APARTMENT HOUSE (5+ UNITS)
    829 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit D

    1212 Willow SE St, Lacey, WA 98503-2363

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    1212 Willow SE St, Unit C
    APARTMENT HOUSE (5+ UNITS)
    817 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit C

    1212 Willow SE St, Lacey, WA 98503-2363

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    1212 Willow SE St, Unit B
    APARTMENT HOUSE (5+ UNITS)
    789 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit B

    1212 Willow SE St, Lacey, WA 98503-2363

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    1212 Willow SE St, Unit A
    APARTMENT HOUSE (5+ UNITS)
    789 SF Lot: 0.59 Acres
    Value Estimation by Request
    Unit A

    1212 Willow SE St, Lacey, WA 98503-2363

    View details
    1212 Willow SE St
    APARTMENT HOUSE (5+ UNITS)
    789 SF Lot: 0.59 Acres
    Value Estimation by Request

    1212 Willow SE St, Lacey, WA 98503-2363

    View details
    3807 14th SE Ave
    APARTMENT HOUSE (5+ UNITS)
    12,926 SF Lot: 4.14 Acres
    Estimated value
    $2,110,000

    3807 14th SE Ave, Lacey, WA 98503-2285

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    5726 Pattison Lk SE Dr
    APARTMENT HOUSE (5+ UNITS)
    3,496 SF Lot: 5.90 Acres
    Value Estimation by Request

    5726 Pattison Lk SE Dr, Lacey, WA 98513-5144

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    6955 Birdseye NE Ave, Unit 6973
    APARTMENT HOUSE (5+ UNITS)
    68,097 SF Lot: 4.69 Acres
    Value Estimation by Request
    Unit 6973

    6955 Birdseye NE Ave, Lacey, WA 98516-4561

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    6979 Birdseye NE Ave
    APARTMENT HOUSE (5+ UNITS)
    68,097 SF Lot: 6.29 Acres
    Value Estimation by Request

    6979 Birdseye NE Ave, Lacey, WA 98516-4685

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    4315 Zurich SE Ln
    APARTMENT HOUSE (5+ UNITS)
    7,930 SF Lot: 1.59 Acres
    Estimated value
    $1,290,000

    4315 Zurich SE Ln, Lacey, WA 98503-6504

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    7415 Hawks Pr NE Rd
    APARTMENT HOUSE (5+ UNITS)
    8,637 SF Lot: 2.95 Acres
    Estimated value
    $1,105,000

    7415 Hawks Pr NE Rd, Lacey, WA 98516-2737

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    6655 Britton NE Pkwy
    APARTMENT HOUSE (5+ UNITS)
    3,088 SF Lot: 7.66 Acres
    Value Estimation by Request

    6655 Britton NE Pkwy, Lacey, WA 98516-4516

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    4502 6th NE Ave
    APARTMENT HOUSE (5+ UNITS)
    3,520 SF Lot: 0.52 Acres
    Value Estimation by Request

    4502 6th NE Ave, Lacey, WA 98516-5312

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    7127 32nd NE Ave
    APARTMENT HOUSE (5+ UNITS)
    10,746 SF Lot: 9.61 Acres
    Estimated value
    $1,840,000

    7127 32nd NE Ave, Lacey, WA 98516-3155

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    444 Carpenter SE Rd
    APARTMENT HOUSE (5+ UNITS)
    10,265 SF Lot: 3.18 Acres
    Estimated value
    $1,555,000

    444 Carpenter SE Rd, Lacey, WA 98503-7922

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    3725 Wildspitz SE St
    APARTMENT HOUSE (5+ UNITS)
    4,377 SF Lot: 0.29 Acres
    Estimated value
    $710,000

    3725 Wildspitz SE St, Lacey, WA 98503-6752

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    8675 Litt SE Dr
    APARTMENT HOUSE (5+ UNITS)
    20,073 SF Lot: 11.20 Acres
    Value Estimation by Request

    8675 Litt SE Dr, Lacey, WA 98516-4672

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    1205 Ee SE St
    APARTMENT HOUSE (5+ UNITS)
    5,564 SF Lot: 0.23 Acres
    Estimated value
    $1,205,000

    1205 Ee SE St, Lacey, WA 98503-2250

    View details

    Lacey, WA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Lacey, WA on our real estate platform. These investment opportunities span a total of 32,000 square feet of properties for sale, with an estimated market value of $5,700,000.

    Sale prices for two-family homes in Lacey, WA start at $5,700,000, averaging $5,700,000, and reaching up to $5,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Lacey fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

    Population 127K
    Population Growth (5Y) +9.9%
    Median Household Income $95,700
    College Educated 41.8%

    High-Yield Neighborhoods for Investment

    Identify Lacey submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    98503 $5.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.89%
    Property Tax per SF $11.81 per sq ft
    Average Loan-to-Value 65.0%

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