Search Properties

Save
Ask
Tour
Hide
Share
$560,000
49 Days On Site

4808 15th Avenue SE
Lacey, WA 98503

For Sale|Residential|Active
1
Bed
1
Total Bath
1
Full Bath
696
SqFt
$805
/SqFt
1952
Built
Cumulative Days On Market:
50
Subdivision:
Lacey
County:
Thurston
Courtesy of NWMLS
Listing courtesy of John Stormans of Olympic Sotheby’s Int’l Realty
Call Now: (360) 219-9514
Is this the listing for you? We can help make it yours.
(360) 219-9514
4808 15th Avenue SE4808 15th Avenue SE4808 15th Avenue SE4808 15th Avenue SE
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$2,555
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$560,000
Days On Site 
49 Days
Bedrooms 
1
Inside Area (SqFt) 
696 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.3444 Acres
Year Built 
1952
MLS® Number 
2362985
Status 
Active
Property Tax 
$2,606
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.3444
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
1
Parking 
DrivewayAttached
Parking Spaces 
1
SqFt Total 
696
Stories 
One
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherMicrowaveRefrigeratorTrash Compactor
Basement 
None
Flooring 
LaminateVinyl
Heating 
ElectricForced Air
Main Level Bedrooms 
1
Window Features 
Storm Window(s)
Bathroom Full 
Level – Main
Entry Hall 
Level – Main
Kitchen 
Level – Main
Living Room 
Level – Main
Master Bedroom 
Level – Main
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Cement SidingWood Siding
Fencing 
Fenced
Lot Features 
Level
Roof 
Composition
Windows/Doors 
Storm Window(s)
Community Features
Building Access 
Main
Financing Terms Available 
ConventionalFHAVA Loan
MLS Area 
450 – Lacey
School District 
North Thurston
Schools
School District
North Thurston
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of John Stormans of Olympic Sotheby’s Int’l Realty



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: 2025-06-11 08:58 PM PDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share

Contact Agent