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$725,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago

Listed by Marti Baker | MVP Realty Group | (360) 915-9123

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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 for 6646 Kinwood Park Ln SE

General

  • Price: $725,000
  • Taxes: $7,021 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2468139
  • Updated: 1/15/2026
  • Added to Site: 3 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 Out, 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

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Schools serving 6646 Kinwood Park Ln SE

School District:North Thurston Public Schools
NameGradesDistance
Lydia Hawk Elementary School
7600 5th Avenue Southeast, Lacey, WA 98503
K-50.6 mi
Nisqually Middle School
8100 Steilacoom Road Southeast, Lacey, WA 98503
6-81.2 mi
River Ridge High School
350 River Ridge Drive Southeast, Lacey, WA 98513
9-122.1 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Listed
$725,000
5.84%
MLS
1/16/2024
Sold
$685,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6646 Kinwood Park Ln SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,022
55%
$633,700
36%
2021
$4,529
-18%
$464,900
-16%
2023
$5,546
22%
$553,300
60%
2021
$4,529
-2%
$345,000
1%
2020
$4,617
25%
$340,900
17%
2019
$3,698
-6%
$292,200
14%
2018
$3,938
12%
$255,700
7%
2017
$3,506
9%
$238,600
8%
2016
$3,230
8%
$220,100
11%
2015
$3,002
9%
$197,800
6%
2014
$2,762
—
$186,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Marti Baker | MVP Realty Group | (360) 915-9123

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6646 Kinwood Park Lane SE, Lacey, WA 98503 (MLS# 2468139) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 6646 Kinwood Park Lane SE is currently listed for $725,000 and was received on January 15, 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 Thompson Place? You can browse all Thompson Place real estate or contact a Coldwell Banker agent to request more information.

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