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1608 Ruddell Road Se, 
Lacey, WA 98053

$2,800,000

—

Bed

—

Bath

12,424

Sq Ft

Multi-Family

Pending

Listed by

Brian Shin

Ts Property Management

Last updated:

July 1, 2025, 08:09 AM

MLS#

2398692

Source:

NWMLS

About This Home

1608 Ruddell Road Se

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.

Home Facts

Multi-Family

Built in 1978

Price Summary

2,800,000

$225 per Sq. Ft.

MLS #:

2398692

Last Updated:

July 1, 2025, 08:09 AM

Rooms & Interior

Interior

Living Area:

12,424 Sq. Ft.

Structure

Structure

Building Area:

12,424 Sq. Ft.

Year Built:

1978

Lot

Lot Size (Sq. Ft):

42,767

Finances & Disclosures

Finances

Price:

$2,800,000

Price per Sq. Ft:

$225 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 4, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.