Listed by Heather Coulter • Keller Williams Western Realty. Bought with Keller Williams Realty.
Off market sep 2022 for $571K
$603,608
Est. refi paymentEst. refi$992/mo
—
bd
•
— ba
•
1,708
sq ft
4339 Ruddell Rd SE, Lacey, WA 98503
About this home
Great investment property! 2 bedroom, 1 bath rambler style duplex in a great location. Cash flow opportunity, or live in one unit and keep the other rented. Wonderful tenants, but room for rental increase; currently on a month to month rental agreement. Landlord currently pays water and sewer. Fresh exterior paint and gutters. Fully fenced spacious backyard. Washer and dryer in each unit. Furnace and Heat pump in both units installed in 2021. Close to park, golf course, shops and stores. Don't pass this one up!
Multi-familyProperty Type
1975Year Built
0.35 acresLot Size
$353Est. Price/Sq.Ft.
8 spacesParking
Listed by Heather Coulter• Keller Williams Western Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.35 Acres
Year renovated
1991
Sq. Ft.
1,708
Year built
1975
Style
Multi-Family (2-4 Unit)
County
Thurston County
APN
11833120901
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
LD
Low-Density Residential District
It is the intent of this chapter to: Enhance the residential quality of the city by providing a high standard of development for residential; Allow a broad range of housing options; Guide residential development to those areas where: Public sewers are in place prior to residential building construction, or Sewers can be extended, or New technology in the processing of domestic sewerage makes residential development in unsewered areas environmentally acceptable; Guide development of residential areas in such manner as to encourage and plan for the availability of public services and community facilities such as utilities, police and fire protection, streets, schools, parks and recreation; Guide development in such a manner as to provide protection between noncompatible uses.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking Information
Parking Uncovered Spaces: 6
Covered Spaces: 2
Open Parking Spaces: 6
Has Open Parking
Interior
Heating & Cooling
Has Heating
Has Cooling
Interior Features
Interior Features: Central A/C, Forced Air, Heat Pump, Wall to Wall Carpet
Flooring: Carpet
Multi-Family Financial Information
Insurance Expense: $760
Net Operating Income: $34,715
Gross Adjusted Income: 42000
Gross Scheduled Income: $42,000
Total Monthly Income: 3500
Gross Rent Multiplier: 13.92
Total Expenses: 7285
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Average
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Realist
Site Features: Fenced-Fully,Patio
Zoning Jurisdiction: City
Lot Features: Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.35
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $3,749
Tax Year: 2022
Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City of Lacey
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: City of Lacey
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 2776
Cable Connected: Comcast
Internet Connected: Comcast
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: North Thurston
Location Information
Directions: Southbound I-5,take exit 109 on Martin Way E to Sleater-Kinney Road North. Take a left turn on College St SE. Turn onto Lacey Blvd SE. Turn right on Ruddell Rd SE,Duplex is located on right hand side.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,708
Stories: 1.0
Lot Size: 0.35 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1975
Year Renovated: 1991
County: Thurston County
APN: 11833120901
Home facts updated by county records on Sep 18, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Monday, June 6, 2022
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1708
Building Area Total: 1708
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Lakes Elementary School
Public K-5 • Assigned • 0.5mi
6/10
Komachin Middle School
Public 6-8 • Assigned • 0.8mi
7/10
Timberline High School
Public 9-12 • Assigned • 0.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 88° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Lacey, WA • 98503
Average low and high temperatures (°F)
46
34
48
35
54
39
63
40
69
46
74
50
80
54
79
57
74
52
60
44
51
41
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
1.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$574,000 – $695,000
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Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2024. This data may not match public records. Learn more.
Listing provided courtesy of: 2 By 2 Real Estate Solutions
Listing agent: Kristi Tivnan (2534466849)
Based on information submitted to the MLS GRID as of Mon Oct 12 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.