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Price Drop: $25K (09/22)
No HOA
Street View
Listed by: Tucker Stanley (360) 880-1383 | Realty One Group Bold (360) 634-8600
$525,000
Monthly Est:$2,613
4 Beds
2 Baths
1,765sqft
7438 Mullen Rd SE #A-B, Lacey, WA 98503
$525,000
$2,613/moEst:
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Duplex
Built in 1977
$-- HOA
13,275 sqft lot
$297/sq.ft
Description
Well-maintained duplex tucked away on a quiet street in a highly desirable Lacey location, conveniently close to schools, shopping, and everyday amenities. This side-by-side property features two spacious 2-bedroom, 1-bath units, each with an attached garage and private fenced yard — an attractive setup for both tenants and owner-occupants. Designed with a functional, conventional layout, each unit offers a large living area, generous kitchen with direct backyard access, and in-unit washer and dryer. Strong rental history with recent upgrades. This desirable investment creates flexibility for investors or those looking to offset their mortgage through house hacking. With consistent rental performance, fair-market rents, and solid construction, this property presents an excellent opportunity to add a reliable asset to your investment portfolio. Units A and B are currently rented for $2,100 apiece!
- Houzeo last checked: 12 hours ago
- Listing updated: September 22, 2026 at 5:03 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2476490
Property Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
1,765 sqft
Lot Size
13,275 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2476490
MLS Status
Pending
Days on Market
241
Cumulative Days on Market
213
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Flooring
Laminate, Vinyl
Exterior Features
Wood Products
Sewer
Septic Tank
Heating
Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1977
Home type
Duplex
Roof
Composition
Construction Materials
Wood
Utilities & Energy
Security Features
Partially Fenced
Water Source
Public
Other Features
Subdivision Name
Lacey
Price History
| Date | Event | Price |
|---|---|---|
09/22/2026 Source: | Pending | $525,000 $297/sqft |
07/29/2026 Source: | Listed for Sale | $525,000 -4.55% $297/sqft |
07/06/2026 Source: | Price Decreased | $549,999 -1.79% $312/sqft |
05/22/2026 Source: | Listed for Sale | $559,999 +31.76% $317/sqft |
04/06/2021 Source: | Price Increased | $425,000 +85.59% $241/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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