OFF MARKET

Listed by Laura Krumwiede • COMPASS. Bought with Riley Jackson Real Estate Inc.

Off market apr 2023 for $580K

$604,610

—

•

— ba

•

2,016

sq ft

7435 Mullen Rd SE Unit A & B, Lacey, WA 98503

About this home

Buy one and rent out the other! Look for your investment opportunity no longer. This freshly remodeled duplex features two; 2 bed, 1 bath, plus bonus room in unit A, full size kitchen, living area, large separate fully-fenced lots and RV parking. No surfaces untouched with this one. New paint inside and out, new flooring, cabinets, tile, trim, appliances and cedar fence. Each unit has its own septic and electrical meter. Water is shared between the two. Nestled in a beautiful community close to parks and lakes. Easy commute to the 5. Come and check it out. Professionally landscaped, back lawn seeded with new grass March 2023 will mature in April.

Multi-familyProperty Type

1970Year Built

0.3 acresLot Size

$300Est. Price/Sq.Ft.

4 spacesParking

Listed by Laura Krumwiede • COMPASS

Bought with Julie Patel • Riley Jackson Real Estate Inc.

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2047733

Redfin Estimate

$604,610

$25K since sold in April 2023$5,000 since September

Recently sold homes
Estimate history

This home's estimate is 15.6% higher than the average sale price ($523K) of 6 comparable homes.

SOLD AUG 18, 2026
$462,500
A
3 beds2 baths2,007 sq ft
7111 41st Ave SE, Lacey, WA 98503
SOLD AUG 18, 2026
$499,999
B
3 beds2.5 baths2,363 sq ft
6909 43rd Loop SE, Olympia, WA 98503
SOLD APR 2, 2026
$553,000
C
4 beds2.5 baths1,992 sq ft
4205 Candlewood Dr SE, Lacey, WA 98503
SOLD MAY 15, 2026
$575,000
D
3 beds2 baths2,078 sq ft
4317 Clearwater Loop SE, Lacey, WA 98503
SOLD JUN 26, 2026
$490,000
E
3 beds2.5 baths1,643 sq ft
4203 Timberline Dr SE, Lacey, WA 98503
BOUGHT WITH REDFIN JUL 21, 2026
$557,777
F
3 beds2.5 baths2,021 sq ft
3323 33rd Loop SE, Lacey, WA 98503

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Earn from this home

Sell

$133,821

Est. take-home

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Market trends in 98503, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.9%

0.7% MoM

Median sale price

$490K

$5K MoM

Avg. days on market

14d

6 days MoM

Recently sold homes

109

8 MoM

New listings for sale

COMING SOON
$584,950
3 beds2.5 baths1,783 sq ft
5519 Ken Jan Ct SE, Lacey, WA 98503
Justin Clement • BHGRE - Northwest Home Team
REDFIN OPEN SAT, 11AM TO 1PM
$419,000
2 beds2.5 baths1,381 sq ft
4426 Roxanna Loop SE, Lacey, WA 98503
Redfin
NEW
$479,950
4 beds1 bath1,236 sq ft
4716 16th Ave SE, Olympia, WA 98503
Quincy Qualls • John L. Scott Lacey
NEW
$490,000
4 beds2.5 baths1,809 sq ft
5307 50th Loop SE, Lacey, WA 98503
Shelley Jones • BHGRE - Northwest Home Team
OPEN SAT, 1PM TO 3PM
$450,000
3 beds2 baths1,392 sq ft
4803 33rd Ct SE, Lacey, WA 98503
Neil Sharp • Realty One Group Bold
COMING SOON
$530,000
4 beds3 baths1,970 sq ft
611 Cougar St SE, Olympia, WA 98503
Gail Smith • Keller Williams South Sound
$487,500
3 beds2.5 baths2,079 sq ft
8026 26th Ave SE, Olympia, WA 98503
Chad Link • Elite Properties
$480,000
3 beds2 baths1,437 sq ft
1102 Scarlet Oaks Dr SE, Olympia, WA 98503
Delores Cante • 5 Star Property Management
$520,000
3 beds2.5 baths1,779 sq ft
5328 Stikes Ct SE, Lacey, WA 98503
Scott Lambert • Riley Jackson Real Estate Inc.
OPEN TODAY, 4:30PM TO 6:30PM
$450,000
3 beds2.5 baths1,642 sq ft
7116 Alderwood Ct SE, Lacey, WA 98503
Denise Steigers • Olympic Sotheby's Int'l Realty
See all

Provided by Redfin

Sale history for 7435 Mullen Rd SE Unit A & B

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Thurston County

APN

55650000600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 23, 2023.

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: 2
Parking Features: RV Parking
Open Parking Spaces: 2
Carport Spaces: 2
Has Open Parking

Interior

Heating & Cooling
Has Heating
Heating Information: Baseboard
Has Cooling
Cooling Information: Wall Unit(s)

Interior Features
Interior Features: Ceramic Tile, Laminate Hardwood
Flooring: Ceramic Tile, Laminate

Exterior

Building Information
Roof: Flat, Torch Down

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: Good

Land Information
Possible Use: Multi-Family

Lot Information
Lot Number: 6
MLS Lot Size Source: Realist
Site Features: Fenced-Fully,RV Parking
Zoning Jurisdiction: City
Lot Size Units: Square Feet
Lot Size Acres: 0.3047
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,913
Tax Year: 2023

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: Septic Tank
Sewer Company: Septic
Water Sewer Garbage: 1220

Location

Multi-Family Financial Information
Electric Expense: $1,920
Insurance Expense: $1,200
Other Expense: $300
Net Operating Income: $43,200
Gross Adjusted Income: 35646
Gross Scheduled Income: $43,200
Total Monthly Income: 0
Gross Rent Multiplier: 14
Total Expenses: 7553

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Furnished: Unfurnished

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: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Thurston County
APN: 55650000600

Home facts updated by county records on Mar 23, 2023

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, March 23, 2023

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
Building Name: 1W PLAT INTERLAKE
Year Built Effective: 1970
Effective Year Built Source: Public Records
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)

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

$575,000 – $696,000

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Home values near 7435 Mullen Rd SE Unit A & B

Data from public records.

Address	Redfin Estimate
7435 Mullen Road Southeast, Olympia, WA - Beds \| - Baths \| 2016 Sq. Ft.	$515,373
7412 Mullen Road Southeast, Olympia, WA 3 Beds \| 2 Baths \| 1552 Sq. Ft.	$500,491

Address	Redfin Estimate
7438 Mullen Road Southeast, Olympia, WA 4 Beds \| 2 Baths \| 1768 Sq. Ft.	—
7446 Mullen Road Southeast, Olympia, WA 2 Beds \| 1 Baths \| 1120 Sq. Ft.	$392,174

Address	Redfin Estimate
7436 Mullen Road Southeast Unit A, Olympia, WA 4 Beds \| 2 Baths \| 1768 Sq. Ft.	$528,200
7436 Mullen Road Southeast Unit A & B, Lacey, WA - Beds \| - Baths \| 1768 Sq. Ft.	$526,146

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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