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$2,800,000
7 Days On Site

1608 Ruddell Road SE
Lacey, WA 98053

For Sale|Residential Income|Pending Feasibility
0
Beds
0
Total Baths
12,424
SqFt
$225
/SqFt
1978
Built
Cumulative Days On Market:
7
Subdivision:
Lacey
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Brian Shin of TS Property Management
Call Now: (360) 507-3775
Is this the listing for you? We can help make it yours.
(360) 507-3775
1608 Ruddell Road SE1608 Ruddell Road SE1608 Ruddell Road SE1608 Ruddell Road SE
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Rare add-value multifamily investment opportunity in Lacey! This well-maintained portfolio includes 3 tax parcels with 13 total units: one parcel features a single-family home and a 4-plex, while the other two parcels each include a 4-plex. All units are fully occupied with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

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Listing Snapshot
Price 
$2,800,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,424 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.9818 Acres
Year Built 
1978
MLS® Number 
2398692
Status 
Pending Feasibility
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoStatus changed to Pending
a week agoListing first seen on site
General Features
Acres 
0.9818
Foundation 
Slab
Number Of Stories 
2
Parking Spaces 
29
SqFt Total 
12424
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Flooring 
Carpet
Heating 
ElectricBaseboardForced AirHeat Pump
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Paved
Roof 
Composition
Community Features
Association Amenities 
Coin LaundryStorage
MLS Area 
450 - Lacey
School District 
North Thurston
Schools
School District
North Thurston
Elementary School
Mountain View Elementary
Middle School
Chinook Mid
High School
North Thurston High
Courtesy of NWMLS
Listing courtesy of Brian Shin of TS Property Management



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-03 05:05 AM PDT

Neighborhood & Commute
Source: Walkscore
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