Multifamily

Lacey, WA Multifamily Properties for Sale

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Updated Duplex with Garages
Updated: Sep 10
Updated Duplex with Garages

4410 4408 Quail Dr SE, Lacey, WA 98503

$698,000
2,698 sqft
2,698‑square‑foot duplex built in 1996
Both units are vacant, providing owner‑occupancy flexibility
Each unit includes a garage with opener
Building roof is 4 years old
Unit 4408 has a new kitchen, new carpet, and new paint
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Duplex with Private Garages
Updated: Aug 10
Duplex with Private Garages

4938 Wilshire Court Se A & B, Lacey, WA 98503

$549,900
1,650 sqft
Two‑unit duplex totaling 1,650 square feet; each residence measures 825 sq ft
Built in 1990 with a one‑level layout
Each unit has a fenced yard and private patio
One‑car garage for each unit plus additional driveway parking
At the end of a cul‑de‑sac near Rainier Vista Park
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Fully Occupied Quadplex
Fully Occupied Quadplex

1702 Judd St SE, Lacey, WA 98053

$775,000
2,839 sqft

Residential income property with established occupancy and convenient access to I-5, JBLM, shopping, and schools.

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See hot listings in Lacey

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Duplex With Attached Garages
Duplex With Attached Garages

7438 Mullen Road Se A-b, Lacey, WA 98503

$525,000
1,765 sqft

Side-by-side residences offer private outdoor space, in-unit laundry, and direct access to the rear yards.

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Fully Occupied 4-Unit Quadplex
Fully Occupied 4-Unit Quadplex

1701 Ruddell Rd SE, Lacey, WA 98053

$775,000
2,839 sqft

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

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Lacey, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

12-Unit Mobile Home and RV Park
12-Unit Mobile Home and RV Park

4004 Wiggins, Olympia, WA 98501

$2,195,000
2,948 sqft 9.70 AC lot

A mixed residential income property combines a four-unit building, RV accommodations, and on-site laundry.

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Duplex with Attached Garages
Duplex with Attached Garages

7015 Gaston Lane, Tumwater, WA 98501

$625,000
2,064 sqft

Both residences provide two bedrooms, a wood-burning stove, laundry hookups, and a private fenced yard.

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Craftsman Duplex with Lake Views
Craftsman Duplex with Lake Views

3203 Capitol Blvd SW, Tumwater, WA 98501

$525,000
2,196 sqft

Two-level layout supports owner occupancy alongside rental income potential.

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Side-by-Side Duplex
Side-by-Side Duplex

1512 1514 Fones Rd SE, Olympia, WA 98501

$429,950
1,406 sqft

Two-unit property with separate carports, additional parking, and convenient access to shopping, transit, and nearby freeways.

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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)

Lacey, WA 98503

Estimated value:
$5,745,000
83,892 sqft 2.04 AC lot
View details
1212 Willow SE St, Unit J
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Unit J
Estimated value:
$245,000
789 sqft 0.59 AC lot
View details
1212 Willow SE St, Unit I
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Unit I
Estimated value:
$245,000
829 sqft 0.59 AC lot
View details
1212 Willow SE St, Unit H
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Unit H
Estimated value:
$245,000
817 sqft 0.59 AC lot
View details
1212 Willow SE St, Unit G
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Unit G
Estimated value:
$245,000
789 sqft 0.59 AC lot
View details
1212 Willow SE St, Unit D
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Unit D
Estimated value:
$245,000
829 sqft 0.59 AC lot
View details
1212 Willow SE St, Unit C
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Unit C
Estimated value:
$245,000
817 sqft 0.59 AC lot
View details
1212 Willow SE St, Unit B
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Unit B
Estimated value:
$230,000
789 sqft 0.59 AC lot
View details
1212 Willow SE St, Unit A
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Unit A
Estimated value:
$370,000
789 sqft 0.59 AC lot
View details
1212 Willow SE St
APARTMENT HOUSE (5+ UNITS)

1212 Willow SE St, Lacey, WA 98503-2363

Estimated value:
$245,000
789 sqft 0.59 AC lot
View details
3807 14th SE Ave
APARTMENT HOUSE (5+ UNITS)

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

Estimated value:
$2,110,000
12,926 sqft 4.14 AC lot
View details
5726 Pattison Lk SE Dr
APARTMENT HOUSE (5+ UNITS)

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

Estimated value:
$495,000
3,496 sqft 5.90 AC lot
View details
6955 Birdseye NE Ave, Unit 6973
APARTMENT HOUSE (5+ UNITS)

6955 Birdseye NE Ave, Lacey, WA 98516-4561

Unit 6973
Estimated value: by Request
68,097 sqft 4.69 AC lot
View details
6979 Birdseye NE Ave
APARTMENT HOUSE (5+ UNITS)

6979 Birdseye NE Ave, Lacey, WA 98516-4685

Estimated value: by Request
68,097 sqft 6.29 AC lot
View details
4315 Zurich SE Ln
APARTMENT HOUSE (5+ UNITS)

4315 Zurich SE Ln, Lacey, WA 98503-6504

Estimated value:
$1,290,000
7,930 sqft 1.59 AC lot
View details
7415 Hawks Pr NE Rd
APARTMENT HOUSE (5+ UNITS)

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

Estimated value:
$1,105,000
8,637 sqft 2.95 AC lot
View details
6655 Britton NE Pkwy
APARTMENT HOUSE (5+ UNITS)

6655 Britton NE Pkwy, Lacey, WA 98516-4516

Estimated value: by Request
3,088 sqft 7.66 AC lot
View details
4502 6th NE Ave
APARTMENT HOUSE (5+ UNITS)

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

Estimated value:
$305,000
3,520 sqft 0.52 AC lot
View details
7127 32nd NE Ave
APARTMENT HOUSE (5+ UNITS)

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

Estimated value:
$1,840,000
10,746 sqft 9.61 AC lot
View details

Lacey, WA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lacey, WA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,791 square feet of properties for sale, with an estimated market value of $3,322,900.

Sale prices for multifamily properties in Lacey, WA start at $525,000, averaging $664,580, and reaching up to $775,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3
Quadplexes 2
Apartment buildings 1

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 average listing prices of real estate assets

Neighborhood Average Price
Olympia - 98513 $581.8K
Lacey - 98503 $591K
Redmond - 98053 $775K

Taxes & Financing

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

Property Size Breakdown

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

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