Listing Agency: TS Property Management b***@tspmanagement.net Show Phone

Listed By: Brian Shin Show Phone

Source: Exprealty

Added: Apr 2 Changed: Aug 21 Last Checked: Aug 25 at 10:48AM

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Investment Insights

Based on property information with market context.

This fully occupied quadplex contains four residential units with a mix of unit types. The property is located at 1701 Ruddell Rd SE in Lacey, Washington, with nearby access to I-5, JBLM, shopping, and schools.

Key Highlights

• Fully occupied 4‑plex
• Mix of residential unit types
• Located at 1701 Ruddell Rd SE, Lacey, WA

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Law Firm Catering Service Bakery Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

100%

Occupancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

789

Businesses Nearby

Explore this area Business Placement

Demographics for 98503, WA

40,346

Population

18,375

Households

2.2

Avg Household Size

38

Median Age

31%

College-Educated

93%

High-School Grad

11.1 sq mi

ZIP Area

3,635

Density / Sq Mi

$87,515

Median Household Income

$47,554

Median Earnings

$1,673

Median Rent

$407,700

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - Fully leased multifamily property with a varied unit configuration and convenient access to I-5, JBLM, shopping, and schools.

Where is this quadplex located?

The property is located at 1701 Ruddell Rd Se Lacey, WA.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: Fully occupied 4‑plex; Mix of residential unit types; Located at 1701 Ruddell Rd SE, Lacey, WA