OFF MARKET

Listed by Jane Snyder • Solution Partners NW. Bought with PRO RLTYSRVCS Eastside.

Off market feb 2020 for $455K

—

—

bd

•

— ba

•

2,468

sq ft

8631 Steilacoom Rd SE Unit A & B, Lacey, WA 98513

map-entry

About this home

RARE FIND with 7% CAP RATE! Fantastic Cul-De-Sac Duplex in Olympia backs up to RAC w/soccer fields, walking trails & parks! Built in 1997, each unit is 3 bed, 2 bath, 1234 sq ft and includes a 1 car garage with plenty of parking in the front! Offering features like cathedral ceilings, skylights, an open floor plan, spacious dining & living room w/cozy fireplaces, both units have their own W/D, side yards and partially fenced backyards! Close to shoppping and schools! Tenants pay all utilities.

Multi-familyProperty Type

1997Year Built

0.33 acresLot Size

$184Price/Sq.Ft.

6 spacesParking

Listed by Jane Snyder • Solution Partners NW

Bought with Sung Han • PRO RLTYSRVCS Eastside

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1556596

Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 98513, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

0.2% MoM

Median sale price

$542K

$22K MoM

Avg. days on market

34d

9 days MoM

Recently sold homes

145

20 MoM

New listings for sale

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3 beds1.5 baths1,372 sq ft
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Jamie Mc Donnell • Epique Realty
$389,900
3 beds1 bath1,144 sq ft
7710 50th Ave SE, Olympia, WA 98513
Madison Del Vigo • Coldwell Banker Evergreen
OPEN TODAY, 2PM TO 4PM
$689,000
4 beds3 baths2,470 sq ft
5341 Emerald St SE, Lacey, WA 98513
Jennifer Schabell • John L. Scott Snohomish
COMING SOON
$375,000
3 beds2.5 baths1,551 sq ft
6634 Millstone Ln SE Unit O103, Lacey, WA 98513
Cole Mathenia • Best Choice Realty
$485,000
3 beds2.5 baths2,164 sq ft
8433 13th Ave SE, Olympia, WA 98513
Bali Gill • Berkshire Hathaway HS NW
$599,000
4 beds2.5 baths2,673 sq ft
6913 Axis St SE, Lacey, WA 98513
Ashly Brown • RE/MAX Honors
$464,950
3 beds2.5 baths1,551 sq ft
6743 50th Ct SE, Olympia, WA 98513
Justin Lane • Century 21 Van Dorm Realty
$475,000
4 beds2.5 baths1,700 sq ft
6121 58th Ave SE, Lacey, WA 98513
Betty Holt • Olympic Sotheby's Int'l Realty
OPEN SUN, 11AM TO 1PM
$625,000
4 beds2.5 baths2,912 sq ft
6970 Axis St SE, Lacey, WA 98513
Nichole Frandanisa • Timber Real Estate
$524,900
3 beds3 baths2,040 sq ft
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Bill VanEngelenburg • RE/MAX Realty South
See all

Provided by Redfin

Sale history for 8631 Steilacoom Rd SE Unit A & B

Date

Event

Price

Feb 24, 2020

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1556596

$455,000

$184/sq ft

Jan 28, 2020

Pending

NWMLS as Distributed by MLS Grid #1556596

—

Jan 21, 2020

Listed (Active)

NWMLS as Distributed by MLS Grid #1556596

$449,999

$182/sq ft

Jan 3, 2019

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1350313

$379,000

$154/sq ft

Dec 6, 2018

Pending

NWMLS as Distributed by MLS Grid #1350313

—

Nov 29, 2018

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1350313

—

Nov 29, 2018

Pending

NWMLS as Distributed by MLS Grid #1350313

—

Nov 17, 2018

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1350313

—

Oct 19, 2018

Relisted (Active)

NWMLS as Distributed by MLS Grid #1350313

—

Oct 2, 2018

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1350313

—

Aug 24, 2018

Listed (Active)

NWMLS as Distributed by MLS Grid #1350313

$389,000

$158/sq ft

Jun 21, 2007

Sold (MLS)

NWMLS as Distributed by MLS Grid #27072244

$342,000

$139/sq ft

Jun 4, 2007

Delisted

NWMLS as Distributed by MLS Grid #27072244

—

Apr 26, 2007

Listed

NWMLS as Distributed by MLS Grid #27072244

$335,000

$136/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Thurston County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 10, 2023.

Property details

Parking

Parking Information
Parking Uncovered Spaces: 4
Covered Spaces: 2
Open Parking Spaces: 4
Has Open Parking

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet

Multi-Family Financial Information
Insurance Expense: $1,068
Net Operating Income: $29,953
Gross Adjusted Income: 29953
Gross Scheduled Income: $34,620
Total Monthly Income: 2885
Gross Rent Multiplier: 12
Total Expenses: 4667

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 6
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood Products

Property Information
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family

Land Information
Possible Use: Multi-Family

Lot Information
MLS Lot Size Source: County Records
Site Features: Cable TV,Fenced-Partially,Patio
Lot Features: Cul-De-Sac, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.33
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,599
Tax Year: 2019

Financial Information
Listing Terms: Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Water Company: City of Lacey
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: City of Lacey
Utilities: Cable Connected, Sewer Connected, Electric, Wood
Water Sewer Garbage: 0

Location

HOA Information
Association Fee Frequency: Annually

School Information
High School District: North Thurston

Location Information
Directions: I-5 to S on Marvin (Exit 111) to Left on Steilacoom to duplex on Right.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Thurston County
APN: —

Home facts updated by county records on Apr 10, 2023

Other

Listing Information
Mls Status: Sold

Listing Date Information
Offers Review Date: Tuesday, January 28, 2020
On Market Date: Tuesday, January 21, 2020

Green Information
Power Production Type: Electric, Wood

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2468
Building Area Total: 2468
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Duplex
Stories Total: 1

Around this home

Schools

Seven Oaks Elementary School

Public PreK-5 • Assigned • 1.5mi

6/10

Nisqually Middle School

Public 6-8 • Assigned • 0.5mi

5/10

River Ridge High School

Public 9-12 • Assigned • 0.7mi

4/10

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 • 98513

Average low and high temperatures (°F)

47

34

48

34

54

38

63

39

69

45

74

50

79

54

79

57

74

52

61

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

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New listings for sale in 98513

COMING SOON

$475,000

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OPEN TODAY, 2PM TO 4PM3D WALKTHROUGH

$689,000

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5341 Emerald St SE, Lacey, WA 98513

Jennifer Schabell • John L. Scott Snohomish

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Cole Mathenia • Best Choice Realty

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Bali Gill • Berkshire Hathaway HS NW

$599,000

4 beds2.5 baths2,673 sq ft

6913 Axis St SE, Lacey, WA 98513

Ashly Brown • RE/MAX Honors

$464,950

3 beds2.5 baths1,551 sq ft

6743 50th Ct SE, Olympia, WA 98513

Justin Lane • Century 21 Van Dorm Realty

$475,000

4 beds2.5 baths1,700 sq ft

6121 58th Ave SE, Lacey, WA 98513

Betty Holt • Olympic Sotheby's Int'l Realty

OPEN SUN, 11AM TO 1PM3D WALKTHROUGH

$625,000

4 beds2.5 baths2,912 sq ft

6970 Axis St SE, Lacey, WA 98513

Nichole Frandanisa • Timber Real Estate

Home values near 8631 Steilacoom Rd SE Unit A & B

Data from public records.

Address	Redfin Estimate
8631 Steilacoom Road Southeast, Olympia, WA 6 Beds \| 4 Baths \| 2468 Sq. Ft.	$703,348
8645 Steilacoom Road Southeast, Olympia, WA 4 Beds \| 1 Baths \| 1400 Sq. Ft.	$258,023

Address	Redfin Estimate
8607 Steilacoom Road Southeast, Olympia, WA - Beds \| - Baths \| - Sq. Ft.	$1,026,089
8623 Steilacoom Road Southeast Unit A, Olympia, WA 4 Beds \| 2 Baths \| 1960 Sq. Ft.	$582,989

Address	Redfin Estimate
8621 Steilacoom Road Southeast, Olympia, WA 6 Beds \| 4 Baths \| 2468 Sq. Ft.	$961,244
8619 Steilacoom Road Southeast, Olympia, WA - Beds \| - Baths \| 2468 Sq. Ft.	$733,809

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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