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$629,900

  • Sold
  • Closed
  • Multi-Family

Listed by Haley Connor | eXp Realty | (360) 878-0051
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

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Welcome to a unique and lucrative opportunity for investors, developers, or owner-occupants seeking strong cash flow potential and future development upside. This remodeled duplex sits on a generous .38 acre lot, offering both turn-key living and the ability to expand and maximize value. With a use code that allows for 2-4 units and an 18 bedroom septic, this property presents the rare chance to earn immediate rental income while planning your next high-return investment move. Each side of the stylish and spacious duplex has been remodeled to deliver modern comfort and timeless appeal. Both Unit A and Unit B feature 3 bedrooms and 1.5 bathrooms, offering functional layouts ideal for tenants or owner-users. Owner is a licensed agent.

Full Property Details for 5649 45th Ave SE

General

  • Sold For: $629,900
  • Taxes: $5,234 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2409433
  • Added to Site: 183 day(s) ago

Interior

  • Flooring: Laminate, Vinyl, Carpet

Additional Information

  • Amenities: Fenced-Partially, High Speed Internet, Outbuildings, Patio
  • Security/Safety: Partially Fenced

Parking

  • Covered Spaces: 2
  • Uncovered Spaces: 4

Location

  • Area: 450 - Lacey
  • County: Thurston
  • Subdivision: Lacey
  • Driving Directions: GPS Works

School Information

  • High School District: North Thurston

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Baseboard, Ductless

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 2,360
  • Year Built: 1977
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,553
  • Lot Size Source: County Records
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street

Financial Considerations

  • Tax Amount: $5,234
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 11833130203

Listed by Haley Connor | eXp Realty | (360) 878-0051
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5649 45th Ave SE

School District:North Thurston Public Schools
NameGradesDistance
Lakes Elementary School
6211 Mullen Road Southeast, Lacey, WA 98503
K-50.4 mi
Komachin Middle School
3650 College Street Southeast, Lacey, WA 98503
6-80.8 mi
Timberline High School
6120 Mullen Road Southeast, Lacey, WA 98503
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5649 45th Ave SE

Date
Details
Price
Change
Source
11/07/2025
Sold
$629,900
—
MLS
7/17/2025
Listed
$629,900
—
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 Haley Connor | eXp Realty | (360) 878-0051
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

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5649 45th Avenue SE, Lacey, WA 98503 (MLS# 2409433) is a Multi-Family property that was sold at $629,900 on November 07, 2025. Want to learn more about 5649 45th Avenue SE? Do you have questions about finding other Multi-Family real estate for sale in Lacey? You can browse all Lacey real estate or contact a Coldwell Banker agent to request more information.