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4808 15th Avenue Se, 
Lacey, WA 98503

$175,000


Bed


Bath


-

Sq Ft


0.17

Acres (Lot)


Land

Active

Listed by

John Stormans

Kyle Kanda

Olympic Sotheby'S Int'L Realty

Last updated:

May 9, 2025, 08:52 PM

MLS#

2373655

Source:

NWMLS

About This Land

4808 15th Avenue Se

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.17

MLS #:

2373655

Last Updated:

May 9, 2025, 08:52 PM


Finances & Disclosures

Finances

Price:

$175,000

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 13, 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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