5649 45Th Avenue SE, Lacey, WA 98503 (MLS # 2409433)
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Listing provided courtesy of Northwest MLS; eXp Realty
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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.
| LAST UPDATED | 7/17/2025 | TRACT | Lacey |
|---|---|---|---|
| YEAR BUILT | 1977 | COMMUNITY | Lacey |
| COUNTY | Thurston | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 450 - Lacey |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Ductless , Electric |
| LOT | 0.38 acre(s) |
| LOT DESCRIPTION | Corner Lot, Cul-de-sac, Dead End Street |
| MLS STATUS | Active |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | 52 - Duplex |
| SUBDIVISION | Lacey |
| TAXES | 5234 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/31/25 12:52 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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