Date
Details
Price
Change
Source
4/02/2026
Listed
$1,175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$1,175,000
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Property Description
Rare add-value multifamily investment opportunity in Lacey! Features fully occupied a single-family home and a 4-plex with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.
Full Property Details
Full Property Details for 1608 Ruddell Rd SE
General
- Price: $1,175,000
- Taxes: (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2501685
- Updated: 4/2/2026
- Added to Site: 10 day(s) ago
Interior
- Flooring: Engineered Hardwood, Carpet
Parking
- Uncovered Spaces: 10
Location
- Area: 450 - Lacey
- County: Thurston
- Subdivision: Lacey
- Driving Directions: From I-5, take Exit 109. Head west on Martin Way, turn left on College St, then left on Lacey Blvd. Turn right on Judd St SE. Property is on the right at 1608 Ruddell Rd SE.
School Information
- High School District: North Thurston
- Elementary School: Mountain View Elementary
- Middle School: Chinook Mid
- High School: North Thurston High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Forced Air, Heat Pump
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Wood
- Foundation: Poured Concrete, Slab
- Roof: Composition
- Stories in Building: 2
- Square Feet: 12,424
- Year Built: 1978
- Property Condition: Good
Unit Information
- Units in Building: 5
Lot Features
- Lot Size (Acres): 0.9818
- Lot Size (Sq. Ft.): 42,767
- Lot Size Source: Public Record
- Lot Features: Paved, Sidewalk
Financial Considerations
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: None
- Property ID: 43800000100
Listed by Brian Shin | TS Property Management | (253) 512-1000
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Schools
Schools serving 1608 Ruddell Rd SE
School District:North Thurston Public Schools
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary School, Lacey, WA 1900 College Street Southeast, Lacey, WA 98503 | PK-5 | 0.3 mi |
Chinook Middle School, Lacey, WA 4301 6th Ave NE, Lacey, WA 98516 | 6-8 | 1.6 mi |
North Thurston High School 600 Sleater Kinney Rd NE, Lacey, WA 98506 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1608 Ruddell Rd SE
Estimate the Cost
Estimate the Cost for 1608 Ruddell Rd SE
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,606Sq. Ft.
Listed by Eamonn Noonan | Pellego, Inc.
- Single Family
- Active
- Updated 21 hours ago
- 4Beds
- 3Total Baths
- 2,732Sq. Ft.
Listed by Savannah A. Parker | Abbey Realty Inc
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 3,141Sq. Ft.
Listed by Ted Leland | Abbey Realty Inc
- Single Family
- Active
- Updated 16 hours ago
- 4Beds
- 3Total Baths
- 3,554Sq. Ft.
Listed by Garrett Lafferty | John L. Scott Lacey
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- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 3Total Baths
- 2,985Sq. Ft.
Listed by Justin Sanner | D.R. Horton and Eldorado Gjikondi | D.R. Horton
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 960Sq. Ft.
Listed by Katie Merritt | Real Broker LLC and Aaron N. Thomas | Real Broker LLC
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,210Sq. Ft.
Listed by Nanette York | Van Dorm Realty, Inc
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,888Sq. Ft.
Listed by Shannon Reynolds | Better Properties N. Proctor
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- Single Family
- Closed
- 5Beds
- 3Total Baths
- 4,616Sq. Ft.
Listed by Joshua Abbey | Abbey Realty Inc
Sold by Katelyn Siler | Crescent Realty powered by KW
Sold by Katelyn Siler | Crescent Realty powered by KW
- Single Family
- Closed
- Updated 10 days ago
- 3Beds
- 2Total Baths
- 3,083Sq. Ft.
Listed and Sold by Andre' Jones | eXp Realty
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,359Sq. Ft.
Listed by Joshua Abbey | Abbey Realty Inc
Sold by Jordan Doughty | Coldwell Banker Evergreen
Sold by Jordan Doughty | Coldwell Banker Evergreen
- Single Family
- Closed
- 5Beds
- 3Total Baths
- 4,111Sq. Ft.
Listed by Sabrina Thomas | City Realty Inc. and Sarah Diaz | City Realty Inc.
Sold by Hae Kyoung Cho | Realtyall.com
Sold by Hae Kyoung Cho | Realtyall.com
1608 Ruddell Road SE, Lacey, WA 98053 (MLS# 2501685) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1608 Ruddell Road SE is currently listed for $1,175,000 and was received on April 02, 2026. Want to learn more about 1608 Ruddell Road SE? Do you have questions about finding other Multi-Family real estate for sale in Central Lacey? You can browse all Central Lacey real estate or contact a Coldwell Banker agent to request more information.