Save
Ask
Tour
Hide
Share
$849,950
New Listing

3120 Ponderosa Street NE
Lacey, WA 98516

For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,484
SqFt
$244
/SqFt
2020
Built
Cumulative Days On Market:
1
Subdivision:
Lacey
County:
Thurston
Courtesy of NWMLS
Listing courtesy of Brian J Dermanoski of Blue Summit Realty LLC
Call Now: (360) 507-3775
Is this the listing for you? We can help make it yours.
(360) 507-3775
3120 Ponderosa Street NE3120 Ponderosa Street NE3120 Ponderosa Street NE3120 Ponderosa Street NE
Save
Ask
Tour
Hide
Share

Rare opportunity to own a newer duplex featuring 3 large bedrooms plus a bonus room, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$849,950
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,484 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1088 Acres
Year Built 
2020
MLS® Number 
2528928
Status 
Active
Property Tax 
$10,083
HOA/Condo/Coop Fees 
$55 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing updated with changes from the MLS®
19 hours agoListing first seen on site
General Features
Acres 
0.1088
Additional Property Use 
Multi-Family
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
8
Property Sub Type 
Multi Family
SqFt Total 
3484
Utilities 
Cable AvailableSewer Connected
Water Source 
Public
Zoning 
Multi-Family
Interior Features
Cooling 
Ductless
Flooring 
Vinyl
Heating 
ElectricDuctlessWall Furnace
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Wood Siding
Fencing 
Partial
Lot Features 
Paved
Patio And Porch 
Patio
Roof 
Composition
Community Features
Association Dues 
660
Financing Terms Available 
CashConventionalVA Loan
HOA Fee Frequency 
Annually
MLS Area 
446 - Thurston Ne
School District 
North Thurston
Schools
School District
North Thurston
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Brian J Dermanoski of Blue Summit Realty LLC



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 2026, 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: 2026-05-28 07:16 AM PDT

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share