Property Details
6102 Glen Mary Lane SE #A/B
Lacey, WA 98503
$560,000
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Property Overview
Enjoy the perfect 6 cap rate Duplex investment across from Homann Park and close to the college, hospital, malls. Have an owner occupied side with adjacent rental included in your portfolio or of course the rental opportunity of a 2 unit duplex in this high demand area. One side has been remodeled of recent and is ready for occupancy. The second side is equally well cared for with dependable long-term tenants already in place. A rare find offering flexibility, strong rental appeal, and in a fantastic location that tenants and owners alike will love. All of these options plus low dues with an association that will control the level of upkeep in the area.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Thurston
Neighborhood
Lacey
Listed
Dec 2, 2025
Original Price
$587,000
Financial Summary
Cap Rate
6.00%
Net Operating Income
$33,229
Gross Scheduled Income
$43,200
Gross Rent Multiplier
14.60
Total Expenses
$9,971
Building & Use
Building Sq Ft
2,224
Leasable Area
2,224 sqft
Total Units
2
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
5,001 sqft
Year Built
1974
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1974
Garage
2 spaces
Exterior Materials
Stucco
Sewer
Sewer Connected
Water Source
Community
Lot Features
Adjacent to Public Land, Paved
Exterior Features
Stucco
Location
City
Lacey
County
Thurston
Coordinates
47.03585, -122.80457
Additional Information
Tax Year
2025
Annual Taxes
$5,300
Possession
Array
