4409 4411 21st Court SE
Lacey, WA 98503
- – beds
- – baths
- 2,448 sqft
- 8,640 sqft lot
- $265 per sqft
- 1962 build
Rare opportunity in Lacey—two detached single-family homes on one lot, each with its own charm and privacy. Both homes are currently rented, offering consistent occupancy and strong cash flow with an estimated 6.3% cap rate. One tenant is long-term, adding stability to this solid income-producing property. Located in a desirable area close to amenities, this is a smart addition to any investor’s portfolio. Whether you're growing your rental holdings or seeking a low-maintenance investment, this unique setup delivers dependable returns in a high-demand market.
Last checked:
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Last updated May 21, 2025
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MLS# 2378337 —
The Building
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Year Built:1962
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Year Built:1962
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Duplex
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Roof:Composition
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Foundation Details:Poured Concrete
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Exterior Features:Metal/Vinyl, Wood Products
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Units In Building Total:2
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# of Units Total:2
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Stories Total:1
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Building Area Total:2448
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Building Area Units:Square Feet
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Calculated SqFt:2448
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SqFt Source:Public Records
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Construction Materials:Metal/Vinyl, Wood
Interior
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Flooring:Vinyl, Vinyl Plank, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing, Negotiable
Location
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Latitude:47.028085
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Longitude:-122.827884
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Directions:From I-5, take Exit 109, go south on College St SE, turn right on 22nd Ave SE, right on Golf Club Rd SE, then right on 21st Ct SE. Home is on the right.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Parcel Number:43350001200
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Lot Features:Dead End Street, Paved
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Lot Size Units:Square Feet
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Lot Size Acres:0.1983
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Lot Size SqFt:8640
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Lot Size Source:Public Records
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (360) 529-0992
- Office phone:
- (360) 529-0992
Taxes
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Tax Year:2024
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Tax Annual Amount:5151.2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
Utilities
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Water Company:City Of Lacey
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:City Of Lacey
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Power Company:Puget Sound Energy
Schools
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Elementary School:Mountain View Elementary
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Middle Or Junior School:Komachin Mid
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High School:North Thurston High
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High School District:North Thurston
The Community
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Subdivision Name:Lacey
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Senior Community:false
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Association:false
Parking
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Parking Total:6
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Parking Uncovered Spaces:6
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Open Parking:true
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Open Parking Spaces:6
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Carport:false
Listing courtesy of NWMLS / BHGRE - Northwest Home Team
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/20/25
May 20, 2025
|
Listed / Active | NWMLS | $649,950 |
