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$725,000
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Property Description
Well-maintained triplex offering strong in-place performance and upside in a convenient Olympia location. Each of the three units features a 2-bedroom, 1-bath layout, with two units thoughtfully renovated to enhance comfort and efficiency. The property has benefited from strategic improvements that have increased overall performance by approximately 17%, creating a solid investment opportunity. All units are equipped with their own mini-split heat pumps for efficient heating and cooling, along with supplemental wall heaters. The upstairs unit is slightly larger and occupied by a long-term tenant, providing reliable rental history. A divided backyard offers private outdoor space for tenants. Additional income is generated through on-site coin-operated laundry. Parking is plentiful with six dedicated spaces, including three covered carport stalls. No HOA dues to impact cash flow or operations. Check out the virtual tour to see a different unit! Ideally suited for investors seeking a solid asset with modern updates, reliable tenancy, and room to continue optimizing returns.
Full Property Details
Full Property Details for 6646 Kinwood Park Ln SE
General
- Sold For: $725,000
- Taxes: $7,021 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2468139
- Added to Site: 49 day(s) ago
Interior
- Flooring: Vinyl, Vinyl Plank, Carpet
Additional Information
- Amenities: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Security/Safety: Partially Fenced
Parking
- Carport Spaces: 3
- Covered Spaces: 3
- Uncovered Spaces: 3
Location
- Area: 451 - Hawks Prairie
- County: Thurston
- Subdivision: Hawks Prairie
- Building Name: KINWOOD PARK
- Driving Directions: East on Martin Way, Right on Kinwood St, Right on Kinwood Place to tri-plex on the Right. GPS good.
School Information
- High School District: North Thurston
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Ductless, Wall Unit(s)
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Structure Type: Triplex
- Exterior Const.: Wood, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 1
- Square Feet: 2,680
- Year Built: 1986
Unit Information
- Units in Building: 3
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.639
- Lot Size (Sq. Ft.): 27,835
- Lot Size Source: Tax Record
- Lot Dimensions: 149' x 205' x 100' x ~205'
- Lot Features: Paved, Sidewalk
- Zoning: Multi-Family, Residential
Financial Considerations
- Tax Amount: $7,021.76
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 57690000200
- Lot Number: 2
Listed by Marti Baker | MVP Realty Group | (360) 915-9123
Sold by Johnny Pat Marasigan Abarra | eXp Realty
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Schools
Schools serving 6646 Kinwood Park Ln SE
School District:North Thurston Public Schools
| Name | Grades | Distance |
|---|---|---|
Lydia Hawk Elementary School 7600 5th Avenue Southeast, Lacey, WA 98503 | K-5 | 0.6 mi |
Nisqually Middle School 8100 Steilacoom Road Southeast, Lacey, WA 98503 | 6-8 | 1.2 mi |
River Ridge High School 350 River Ridge Drive Southeast, Lacey, WA 98513 | 9-12 | 2.1 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 6646 Kinwood Park Ln SE
Date
Details
Price
Change
Source
3/04/2026
Sold
$725,000
—
MLS
1/15/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6646 Kinwood Park Lane SE, Lacey, WA 98503 (MLS# 2468139) is a Multi-Family property that was sold at $725,000 on March 04, 2026. Want to learn more about 6646 Kinwood Park Lane 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.

