4410 4408 Quail Drive SE, Lacey, WA 98503

$705,000
2,698
SqFt

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Listing courtesy of Bob Guardino Real Estate Srvs.

List Price
$705,000
Status
ACTIVE
MLS#
2547510
Price Change
▲ $10,000 1788223328
Days on Market
9
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,698
Area Total SqFt
2698
Annual Tax Ammount
6127
Lot Size (sq ft)
8,320
Sewer
Sewer Connected

Property Description

Seller is a licensed broker. The entire building – inside and out – has new paint. Both units are vacant - new owner can select an owner's unit. 4408 has a new kitchen, new carpet and all new paint. Building has a new roof (4-years). Each unit has a garage with opener. Tenants pay all utilities. 4410 has an apple tree, a cherry tree, and a peach. Neighborhood is very well kept. Seller financing may be available.

Additional Information

List Date
2026-08-22 20:58:12
Community
Lacey
Net Operating Income
$41,958
Gross Adjusted Income
$50,400
Gross Scheduled Income
$50,400
Total Monthly Income
$4,080
Insurance Expenses
$1,728
Gross Rent Multiplier
7
Total Expenses
$8,442
Cap Rate
6
Total Number of Units
2
Unit Name
4410 4408
Potential Terms
Cash, Conventional, FHA, Owner Will Carry, VA Loan
Year Built
1996
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Gas Available, Outbuildings, Patio
Other Expenses
587
Energy Source
Electric, Natural Gas
School District
North Thurston
Elementary School
Chambers Prairie El
Middle School
Komachin Mid
High School
Timberline High
Total Monthly Income
$4,080
Gross Scheduled Income
$50,400
Gross Adjusted Income
$50,400
Tax Year
2026
Insurance Expense
$1,728
Total Expenses
$8,442
Net Operating Income
$41,958
Gross Rent Multiplier
7
Cap Rate
6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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