#2378935, Kent Stottlemyre, Listing Office: Van Dorm Realty, Inc

4808 15th Ave SE Lacey, WA 98503
Property details
About 4808 15th Ave SE
One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.
Highlights
Summary
- View: Territorial
- List Price: $175,000
- HOA Amount: $0
- Lot: Paved
- Directions: Going south on college turn left on Lacey Blvd, right on Ruddell Rd, right on 15th to home on right.
- Lot Size: 0.1722 Acres
- MLS Number: 2373655
- MLS Name: NWMLS
- Office Name: Olympic Sothebys Intl Realty
- Office Phone: (360) 528-4160
- Listing Agent: John Stormans
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 5/21/2025, 4:17:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$175,000
4808 15th Ave SE
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Price information
Property sales
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Tax history
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Nearby schools
5
Mountain View Elementary School
Public District PK-5
0.3 mi
•1900 College St SE
4
Lacey Elementary School
Public District KG-5
0.8 mi
•1800 Homann Dr SE
7
McKenny Elementary School
Public District PK-5
2.0 mi
•3250 Morse Merryman Rd SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,276. The most common annual income of people living in Lacey, WA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 4808 15th Ave SE
The listing price of 4808 15th Ave SE property is $175,000.
The property 4808 15th Ave SE is land located in Lacey, Washington, 98503.
Active Listing: 4808 15th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4808 15th Ave SE are: Mountain View Elementary School (GreatSchools Rating 5/10), Lacey Elementary School (GreatSchools Rating 4/10), McKenny Elementary School (GreatSchools Rating 7/10), Komachin Middle School (GreatSchools Rating 4/10), Chinook Middle School (GreatSchools Rating 4/10), Aspire Middle School (GreatSchools Rating 8/10), Envision Career Academy (GreatSchools Rating 3/10), North Thurston High School (GreatSchools Rating 7/10), Timberline High School (GreatSchools Rating 6/10).
The property 4808 15th Ave SE is 0.172 acres.
The sq. ft. of 4808 15th Ave SE is not available (source: MLS/tax record).
This home is located at 4808 15th Ave SE in Lacey, WA and zip code 98503 in the Notter's neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $175,000.
While more than 28 listings in Lacey, WA in April 2025 were sold above asking price, there were more than 21 listings sold at asking price, and more than 11 were sold below. Between March and April 2025, Lacey, WA real estate market has seen increase in the number of listings by 20%. In April 2025, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $495,000.