4015 16th Lane NE Olympia, WA 98506
Sold
Listing Courtesy of: MLS LogoNorthwest MLS / Keller Williams Realty and Bhgre Northwest Home Team

  4015 16th Lane NE Olympia, WA 98506

Sold on 02/07/2025
$1,300,000 (USD)
5,742
SQFT
See Similar Listings

Description

Investors, take note! This rare opportunity in the heart of Lacey, WA, boasts three duplexes on a sprawling 2-acre lot—a prime location with endless potential. Each unit offers a spacious 2-bedroom, 1-bath, 957 sqft rambler-style layout with an attached 1-car garage, ensuring tenant comfort and convenience. With long-term tenants already in place and significant upside rent potential, this property is a solid investment. Zoned R 4-8, the lot offers exciting development possibilities for future growth. The large yard, private patios, and ample driveway parking add to the property's appeal. Don't miss your chance to own this versatile investment in a high-demand area! Estate Sale. F17 Exempt. Buyer To Verify All Information.

MLS #:
2316618
Taxes
$13,403(2024)
Lot Size
2 acres
Type
Multifamily
Year Built
1986
Style
5-9 Units
Views
Territorial
School District
North Thurston
County
Thurston County
Community
Olympia

Listed By

Rebecca Del Pozo, Keller Williams Realty
Bought with
Devyn Miller, Bhgre Northwest Home Team
Source
Northwest MLS as distributed by MLS Grid
Last checked Nov 14 2025 at 6:21 PM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
  • Ceramic Tile
Subdivision
  • Olympia
Lot Information
  • Curbs
  • Dead End Street
  • Sidewalk
  • Secluded
  • Cul-De-Sac
Property Features
  • Patio
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • Wall Unit(s)
Flooring
  • Vinyl
  • Carpet
  • Ceramic Tile
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Septic Tank
  • Fuel: Natural Gas
School Information
  • Elementary School: Pleasant Glade Elem
  • Middle School: Chinook Mid
  • High School: North Thurston High

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 13, 2024
Original Price
$1,399,999
-
-
Disclaimer: Based on information submitted to the MLS GRID as of 11/14/25 10:21. All data is obtained from various sources and may not have been verified by Northwest Home Team 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.
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