Listed by Andrew Justice • Keller Williams South Sound. Bought with COMPASS.
Off Market Oct 2022 for $325K
$506,851
Est. refi paymentEst. refi$758/mo
—
bd
•
— ba
•
2,016
sq ft
7435 Mullen Rd SE, Lacey, WA 98503
About this home
Investor Special. Bring your tool belt to this must see duplex. There is so much potential in this property. Each unit is 2 bed/1 bath. The property is located on a 13,000 plus sq. ft. lot, and shares a road with several multi-family properties. Home is on a septic as well. Property to be sold in current condition. Seller to do no repairs. Tenants must have at least 24 hours notice for all showings. Title open with Kami Clark at Chicago Title in Lacey.
Multi-familyProperty Type
1970Year Built
0.3 acresLot Size
$251Est. Price/Sq.Ft.
4 spacesParking
Listed by Andrew Justice• Keller Williams South Sound
Listed by David Eacker• Keller Williams South Sound
*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
0.3 Acres
Year renovated
2015
Sq. Ft.
2,016
Year built
1970
Style
Multi-Family (2-4 Unit)
County
Thurston County
APN
55650000600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 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: 1
Open Parking Spaces: 1
Carport Spaces: 1
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet, Laminate
Flooring: Laminate, Carpet
Multi-Family Financial Information
Electric Expense: $480
Insurance Expense: $127
Gross Adjusted Income: 0
Total Monthly Income: 0
Gross Rent Multiplier: 0
Total Expenses: 999
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, Wood Products
Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Fixer
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Realist
Lot Size Units: Square Feet
Lot Size Acres: 0.3047
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $257
Tax Year: 2020
Financial Information
Listing Terms: Cash Out, Conventional, See Remarks
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City of Lacey
Power Company: PSE
Sewer: Septic Tank
Utilities: Septic System, Electric
Water Sewer Garbage: 135
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: Exit 109. South on College St. SE and take a left on Lacey Blvd SE. Turn right on Ruddell Rd. SE. Left on Mullen Rd. SE. Approx. 1.5 miles down the turn is on the left. It is a dirt road behind store.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,016
Stories: 1.0
Lot Size: 0.3 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1970
Year Renovated: 2015
County: Thurston County
APN: 55650000600
Home facts updated by county records on Jun 22, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
Offers Review Date: Sunday, June 12, 2022
On Market Date: Wednesday, June 1, 2022
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2016
Building Area Total: 2016
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Woodland Elementary School
Public PreK-5 • Assigned • 0.2mi
7/10
Nisqually Middle School
Public 6-8 • Assigned • 3.0mi
5/10
Timberline High School
Public 9-12 • Assigned • 0.9mi
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
73
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
$482,000 – $583,000
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