4409 21st Court Se, Lacey, WA 98503

Local realty services provided by:Imagine Realty ERA Powered
Listed by: noe quezada, palmer higa
Office: bhgre - northwest home team
MLS#:2378337
Source:NWMLS
4409 21st Court Se,Lacey, WA 98503
$649,950
  • - Beds
  • - Baths
  • 2,448 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$649,950
  • Price per sq. ft.:$265.5

About this home

Rare opportunity in Lacey—two detached single-family homes on one lot, each with its own charm and privacy. Both homes are currently rented, offering consistent occupancy and strong cash flow with an estimated 6.3% cap rate. One tenant is long-term, adding stability to this solid income-producing property. Located in a desirable area close to amenities, this is a smart addition to any investor’s portfolio. Whether you're growing your rental holdings or seeking a low-maintenance investment, this unique setup delivers dependable returns in a high-demand market.

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Home facts

  • Year built:1962
  • Listing ID #:2378337
  • Updated:November 15, 2025 at 12:06 PM

Rooms and interior

  • Living area:2,448 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1962
  • Building area:2,448 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:North Thurston High
  • Middle school:Komachin Mid
  • Elementary school:Mountain View Elementary

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$649,950
  • Price per sq. ft.:$265.5
  • Tax amount:$5,151 (2024)
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