2509 College Street Se, Lacey, WA 98503
Local realty services provided by:RSVP Brokers ERA
Listed by: walter cave
Office: realty one group enterprise
MLS#:2485512
Source:NWMLS
2509 College Street Se,Lacey, WA 98503
$550,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Single family
- Sold
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Price summary
- Price:$550,000
About this home
Investor Opportunity! Maximize returns with this versatile property—easily configured into three income-generating units. Ideal for multigenerational living or military buyers seeking passive income. High-visibility frontage creates the perfect setup for a home-based business, with multiple streams of revenue. Remarkable 4BR home offering exceptional versatility! Meticulously maintained, this spacious layout includes three independent living areas that can easily reconnect for multi-generational living or solid rental income. The downstairs was previously rented for $1,500/mo, the upstairs for $1,800/mo, and the separate salon unit—featuring beautiful cedar walls/ceilings and three stations—currently rents for $1,200/mo as a living space. This unit is also perfect for a home business or creative studio! Major updates were completed in 1998, and the home includes a newer roof. Enjoy massive parking for 10+ vehicles plus a 2-car carport. Ideally located near shopping, dining, and bus lines. Sold As-Is. Rate buydown and closing cost assistance are available through our partner lender!...
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Home facts
- Year built:1958
- Listing ID #:2485512
- Updated:May 08, 2026 at 07:10 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:1
- Flooring:Ceramic Tile Floor, Hardwood, Laminate
- Kitchen Description:Dishwasher, Disposal, Refrigerator
- Bedroom Description:Lower Level Bedrooms : 1, Main Level Bedrooms : 3
- Basement:Yes
- Basement Description:Finished
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1958
- Lot Features:Paved
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Fenced-Partially
- Foundation Description:Finished
- Levels:1 Story
Schools
- High school:Buyer To Verify
- Middle school:Komachin Mid
- Elementary school:Lacey Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$550,000
- Tax amount:$5,016 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Cable TV, Ceiling Fan(s), Gas Available, High Speed Internet, Pantry, Shop, Vaulted Ceiling(s)
Parking
- Total parking spaces:12
- Parking description:Attached Garage, Detached Carport, Driveway
- Garage:Yes
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