6646 Kinwood Park Lane SE, Lacey, WA 98503 (MLS # 2468139)
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Well-maintained triplex offering strong in-place performance and upside in a convenient Olympia location. Each of the three units features a 2-bedroom, 1-bath layout, with two units thoughtfully renovated to enhance comfort and efficiency. The property has benefited from strategic improvements that have increased overall performance by approximately 17%, creating a solid investment opportunity. All units are equipped with their own mini-split heat pumps for efficient heating and cooling, along with supplemental wall heaters. The upstairs unit is slightly larger and occupied by a long-term tenant, providing reliable rental history. A divided backyard offers private outdoor space for tenants. Additional income is generated through on-site coin-operated laundry. Parking is plentiful with six dedicated spaces, including three covered carport stalls. No HOA dues to impact cash flow or operations. Check out the virtual tour to see a different unit! Ideally suited for investors seeking a solid asset with modern updates, reliable tenancy, and room to continue optimizing returns.
| LAST UPDATED | 1/15/2026 | TRACT | Hawks Prairie |
|---|---|---|---|
| YEAR BUILT | 1986 | COMMUNITY | Hawks Prairie |
| COUNTY | Thurston | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 451 - Hawks Prairie |
| CONSTRUCTION | Wood Siding |
| HEAT | Ductless , Electric |
| LOT | 0.639 acre(s) |
| LOT DESCRIPTION | Paved, Sidewalk |
| LOT DIMENSIONS | 149' x 205' x 100' x ~205' |
| MLS STATUS | Active |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | 53 - Tri-plex |
| SUBDIVISION | Hawks Prairie |
| TAXES | 7021.76 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family,Residential |
TOTAL MONTHLY PAYMENT
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/18/26 3:40 PM PST. 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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