Property Details
4945 Mt Tahoma Drive SE
Lacey, WA 98503
$645,000
Pending
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Property Overview
Prime investment or owner-occupied opportunity in Lacey! This well-maintained duplex sits on a large corner lot and includes a detached 1,500+/- sqft. shop separately fenced with street access. Unit A offers 2 bedrooms and 1 bath; Unit B features 3 bedrooms and 1 bathroom—both freshly painted with new carpet and a brand-new roof. Each unit enjoys its own fully fenced yard for privacy. Conveniently located near schools, parks, and shopping with easy I-5 access, this is a versatile property with income potential.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Thurston
Neighborhood
Lacey
Listed
Mar 30, 2026
Financial Summary
Cap Rate
5.00%
Net Operating Income
$34,442
Gross Scheduled Income
$48,000
Gross Rent Multiplier
13.50
Total Expenses
$11,158
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
1,888
Leasable Area
1,792 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
14,832 sqft
Year Built
1980
Exterior & Lot
Lot Size
0.34 sqft
Year Built
1980
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot
Exterior Features
Wood Products
Location
City
Lacey
County
Thurston
Coordinates
47.00264, -122.81105
Additional Information
Tax Year
2026
Annual Taxes
$5,673
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:10 PM. All data is obtained from various sources and may not have been verified by 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
