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5514 22nd Avenue Se, 
Lacey, WA 98503

$699,500


Bed


Bath


2,440

Sq Ft


Multi-Family

Active

Listed by

Bob Jorgenson

Last updated:

May 5, 2025, 09:16 PM

MLS#

2353975

Source:

NWMLS

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About This Home

5514 22nd Avenue Se

Updated and Affordable Housing. Amazing home conversion to include 4 units ranging from 240 sq ft to 1300 sq ft and added bonus a partially finished office/studio rental apartment and potential RV storage unit. Updated paint, flooring, fixtures and appliances. All units are cozy and a private lot which affords room for tenants with nice decks and covered patio. All units feature their own washer and dryer and rent includes utilities. Great units for extended living, assisted living or great investment opportunity. Also featured is a cabana and extra spot for RV storage, units are centrally located in Lacey close to parks, shopping, JBLM and freeway access. ***Also lender confirmed VA that this property qualifies for a 0% down VA Loan***

Home Facts

Multi-Family

Built in 1962

Price Summary

699,500

$286 per Sq. Ft.

MLS #:

2353975

Last Updated:

May 5, 2025, 09:16 PM


Rooms & Interior

Interior

Living Area:

2,440 Sq. Ft.


Structure

Structure

Building Area:

2,440 Sq. Ft.

Year Built:

1962


Lot

Lot Size (Sq. Ft):

28,919


Finances & Disclosures

Finances

Price:

$699,500

Price per Sq. Ft:

$286 per Sq. Ft.

5514 22nd Avenue Se
MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 6, 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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