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$550,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,300 Sq. Ft.
  • Updated 9 days ago

Listed by Walter Cave | Realty One Group Enterprise | (425) 453-4597
Sold by Grace Wamwere | Champions Real Estate

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Investor Opportunity! Maximize returns with this versatile property-easily configured into three income-generating units. Ideal for multigenerational living or military buyers seeking passive income. High-visibility frontage creates the perfect setup for a home-based business, with multiple streams of revenue. Remarkable 4BR home offering exceptional versatility! Meticulously maintained, this spacious layout includes three independent living areas that can easily reconnect for multi-generational living or solid rental income. The downstairs was previously rented for $1,500/mo, the upstairs for $1,800/mo, and the separate salon unit-featuring beautiful cedar walls/ceilings and three stations-currently rents for $1,200/mo as a living space. This unit is also perfect for a home business or creative studio! Major updates were completed in 1998, and the home includes a newer roof. Enjoy massive parking for 10+ vehicles plus a 2-car carport. Ideally located near shopping, dining, and bus lines. Sold As-Is. Rate buydown and closing cost assistance are available through our partner lender!

Full Property Details for 2509 College St SE

General

  • Sold For: $550,000
  • Taxes: $5,016 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2485512
  • Added to Site: 72 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Interior Features: Second Kitchen, Ceiling Fan(s), Dining Room, Fireplace, Pantry, Vaulted Ceiling(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Hardwood, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2
  • Main Floor Baths: 2
  • Main - 3/4 Baths: 1
  • Lower - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Lower: 1
  • Bedrooms Main: 3

Additional Information

  • Amenities: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Shop
  • Security/Safety: Partially Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Carports: Yes
  • Covered Spaces: 2
  • Uncovered Spaces: 10
  • Parking Features: Detached Carport, Driveway, Attached Garage

Location

  • Area: 450 - Lacey
  • County: Thurston
  • Subdivision: Lacey
  • Driving Directions: South on College St. Property on the right.

School Information

  • High School District: North Thurston
  • Elementary School: Lacey Elem
  • Middle School: Komachin Mid
  • High School: Buyer To Verify

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Ductless, Fireplace Insert, Forced Air, Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood, Wood Products
  • Basement Desc.: Finished
  • Foundation: Poured Concrete, Slab
  • Roof: Composition
  • Entry Location: Lower, Main
  • Square Feet: 2,300
  • Finished Total: 2,300 Sq. Ft.
  • Year Built: 1958
  • Property Condition: Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.2284
  • Lot Size (Sq. Ft.): 9,950
  • Lot Size Source: Matrix
  • Topography: Level
  • Lot Features: Paved

Financial Considerations

  • Tax Amount: $5,016
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Property ID: 63500200200

Listed by Walter Cave | Realty One Group Enterprise | (425) 453-4597
Sold by Grace Wamwere | Champions Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2509 College St SE

School District:North Thurston Public Schools
NameGradesDistance
Mountain View Elementary School, Lacey, WA
1900 College Street Southeast, Lacey, WA 98503
PK-50.3 mi
Chinook Middle School, Lacey, WA
4301 6th Ave NE, Lacey, WA 98516
6-82 mi
North Thurston High School
600 Sleater Kinney Rd NE, Lacey, WA 98506
9-121.9 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 2509 College St SE

Date
Details
Price
Change
Source
4/28/2026
Sold
$550,000
2.04%
MLS
3/02/2026
Listed
$539,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Walter Cave | Realty One Group Enterprise | (425) 453-4597
Sold by Grace Wamwere | Champions Real Estate

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2509 College Street SE, Lacey, WA 98503 (MLS# 2485512) is a Single Family property that was sold at $550,000 on April 28, 2026. Want to learn more about 2509 College Street SE? Do you have questions about finding other Single Family real estate for sale in Lacey? You can browse all Lacey real estate or contact a Coldwell Banker agent to request more information.