About 4808 4812 15th Avenue 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.
Features of 4808 4812 15th Avenue Se
| MLS® # | 2531449 |
|---|---|
| Price | $505,000 |
| Acres | 0.34 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 4808 4812 15th Avenue Se |
|---|---|
| Area | 450 - Lacey |
| Subdivision | Lacey |
| City | Lacey |
| County | Thurston |
| State | WA |
| Zip Code | 98503 |
Amenities
| View | Territorial |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Paved |
|---|
School Information
| District | North Thurston |
|---|
Additional Information
| Date Listed | May 29th, 2026 |
|---|---|
| Days on Market | 90 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Olympic Sotheby's Int'l Realty |
|---|