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  • Listed by: 

    Noe Quezada,

    BHGRE - Northwest Home Team,

    Palmer Higa,

    BHGRE - Northwest Home Team

    $649,950

    4409 4411 21st Court SE, Lacey, WA 98503

    8beds
    3baths
    2,448sqft
    : 
    Duplex
    Built in 1962
    -- sqft lot
    $641,100 Zestimate®
    $266/sqft
    $-- HOA

    What's special

    Detached single-family homes
    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.
    83 days
    on Zillow
    |
    404
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2025 at 11:33am

    Listed by:

    Noe Quezada,

    BHGRE - Northwest Home Team,

    Palmer Higa,

    BHGRE - Northwest Home Team

    Source: NWMLS,MLS#: 2378337MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4409 4411 21st Court SE.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl, Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,448
    • Total interior livable area: 2,448 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Open
    • Uncovered spaces: 6
    Lot
    • Size: 8,637.95 Square Feet
    • Features: Dead End Street, Paved, Cable TV, Fenced-Partially, High Speed Internet
    Details
    • Parcel number: 43350001200
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Metal/Vinyl, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1962
    • Major remodel year: 1962

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Sewer Connected, Company: City of Lacey
    • Water: Public, Company: City of Lacey

    Community & HOA

    Community
    • Subdivision: Lacey
    Location
    • Region: Lacey

    Financial & listing details

    • Price per square foot: $266/sqft
    • Annual tax amount: $5,151
    • Date on market: 5/20/2025
    • Listing terms: Cash Out,Conventional,FHA,VA Loan
    • Cumulative days on market: 84 days
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