#2379461, Jessica Kammeyer, Listing office: Redfin
5649 45th Ave SE Lacey, WA 98503
Property details
About 5649 45th Ave SE
Welcome to a unique and lucrative opportunity for investors, developers, or owner-occupants seeking strong cash flow potential and future development upside. This remodeled duplex sits on a generous .38 acre lot, offering both turn-key living and the ability to expand and maximize value. With a use code that allows for 2-4 units and an 18 bedroom septic, this property presents the rare chance to earn immediate rental income while planning your next high-return investment move. Each side of the stylish and spacious duplex has been remodeled to deliver modern comfort and timeless appeal. Both Unit A and Unit B feature 3 bedrooms and 1.5 bathrooms, offering functional layouts ideal for tenants or owner-users. Owner is a licensed agent.
Highlights
Summary
- Flooring Type: Laminate, Vinyl, Carpet
- Exterior: Wood Products
- Heating: Baseboard, Ductless
- Cooling: Ductless
- List Price: $629,900
- Price/SqFt: $266
- HOA Amount: $0
- Lot: Corner Lot, Cul-De-Sac, Dead End Street
- Directions: GPS Works
- Year Built: 1977
- Stories: 1
- Living Area: 2,360 SqFt
- Lot Size: 0.38 Acres
- MLS Number: 2409433
- MLS Name: NWMLS
- Office Name: eXp Realty
- Office Phone: (888) 317-5197
- Listing Agent: Haley Connor
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 7/19/2025, 1:32:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
6
Lakes Elementary School
Public District KG-5
0.4 mi
•6211 Mullen Rd SE
5
Chambers Prairie Elementary School
Public District KG-5
1.1 mi
•6501 Virginia St SE
6
Woodland Elementary School
Public District PK-5
1.4 mi
•4630 Carpenter 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 $50,000. Residents of Lacey, WA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
Living in Lacey, WA
Lacey's transportation infrastructure supports both private and public transit options, with bus services connecting various parts of the city. The area's road network facilitates easy access to nearby cities and amenities. While some neighborhoods are more walkable and bike-friendly than others, efforts are being made to improve pedestrian and cyclist infrastructure across the city. Ride-sharing services are available, providing additional transportation options for residents.
The community is served by a robust educational system, including multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare services are accessible, with clinics and a hospital that provide a range of medical services. Lacey also features a public library system and a variety of shopping and dining options that reflect the local culture. The city is attentive to the evolving needs of its residents, with initiatives aimed at enhancing service provision.
Lacey is celebrated for its community-oriented atmosphere and natural beauty, with numerous parks and green spaces that enhance the quality of life for its residents. The city prides itself on a blend of urban and suburban elements, providing a peaceful living environment while still offering the conveniences of a larger city. Annual events and festivals reflect the community's engagement and diverse cultural heritage.
Lacey's housing market is diverse, offering a range of options from single-family homes to multi-family units like apartments and townhouses. The architectural styles vary, with a mix of contemporary and traditional designs. Single-family homes are prevalent, reflecting the area's family-friendly atmosphere. The housing stock includes both established properties and new developments, catering to a variety of preferences and budgets.
About 5649 45th Ave SE
The listing price of 5649 45th Ave SE property is $629,900.
The property 5649 45th Ave SE is a house located in Lacey, Washington, 98503.
Active Listing: 5649 45th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5649 45th Ave SE are: Lakes Elementary School (GreatSchools Rating 6/10), Chambers Prairie Elementary School (GreatSchools Rating 5/10), Woodland Elementary School (GreatSchools Rating 6/10), Aspire Middle School (GreatSchools Rating 8/10), Komachin Middle School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 7/10), Timberline High School (GreatSchools Rating 6/10), Envision Career Academy (GreatSchools Rating 3/10), North Thurston High School (GreatSchools Rating 7/10).
The property at 5649 45th Ave SE has 0 bathroom.
The property 5649 45th Ave SE is 2,360 SqFt (source: MLS/tax record).
The year of construction for 5649 45th Ave SE is 1977.
This home is located at 5649 45th Ave SE in Lacey, WA and zip code 98503. This 2,360 square foot home, which was built in 1977, sits on a 0.38 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $629,900.
While more than 27 listings in Lacey, WA in June 2025 were sold above asking price, there were more than 23 listings sold at asking price, and more than 18 were sold below. The number of listings in Lacey, WA increased by 6.8% between May and June 2025. The median list price of listings available in June 2025 was $500,000, while the average time on the real estate market was 20 days.