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    Lacey, WA
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    Lacey, WA Multifamily Properties for Sale

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    7 properties
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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
    View details
    Fully Occupied Quadplex
    Updated: Aug 21
    Fully Occupied Quadplex

    1702 Judd St SE, Lacey, WA 98053

    $775,000
    2,839 sqft
    Four‑unit residential property with 3,088 SF of building area
    Fully occupied quadplex
    Built in 1973
    Located near I‑5 and JBLM
    Shopping and schools are nearby
    View details
    Duplex with Private Garages
    Duplex with Private Garages

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

    $549,900
    1,650 sqft

    Each residence includes a fenced yard, private patio, and driveway parking.

    View details
    See what stands out in Thurston County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Two-Unit Duplex with Private Garages
    Two-Unit Duplex with Private Garages

    6628 Bailey, Lacey, WA 98513

    $665,000
    2,362 sqft

    Each residence includes a fenced yard, private garage, engineered hardwood flooring, and tile countertops.

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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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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Single-Story Duplex with Fenced Yard
    Single-Story Duplex with Fenced Yard

    1414 Hensley Street NE # 1412, Lacey, WA 98516

    $498,500
    1,832 sqft

    Well-maintained single-story duplex with two 2-bedroom, 1-bath units, each with garage and laundry area.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Lacey, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    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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    Residential Development Land with Approved Plat
    Residential Development Land with Approved Plat

    8623 Steilacoom Road Southeast, Olympia, WA 98513

    Contact for pricing
    55,757 sqft

    Shovel-ready 7-lot short plat approval on acreage with an existing duplex and approved civil plans for utilities and site improvements.

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    Fully Leased 11-Unit Transitional Housing
    Fully Leased 11-Unit Transitional Housing

    3532 Mary Elder Rd NE, Olympia, WA 98506

    Contact for pricing
    7,163 sqft

    Triplex layout across three buildings with shared laundry and off-street parking on a nearly half-acre lot.

    View details
    Side-by-Side Duplex with Garages
    Side-by-Side Duplex with Garages

    A-b-7438 Mullen Rd Se, Olympia, WA 98503

    $525,000

    Two separately configured residences offer private outdoor space, in-unit laundry, and direct access to attached garages.

    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)

    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

    Lacey, WA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lacey, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 15,985 square feet of properties for sale, with an estimated market value of $4,486,400.

    Sale prices for multifamily properties in Lacey, WA start at $498,500, averaging $640,914, 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 5
    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 - 98516 $498.5K
    Lacey - 98503 $600K
    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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    Most Searched ZIP Codes in Lacey, WA

    • 98503
    • 98053
    • 98513
    • 98516

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