Thurston County, Lacey, WA 98516

Call to schedule your walkthrough. Property Specs 4 Beds | 2.5 Baths Approx. 1,636 Sq Ft Year Built: 1998 Lot Size: Approx. 7,217 Sq Ft Estimated Rent: Approx. $2,690/month Starting Amount: $425,000 | Estimated ARV: $540,000 Strong Lacey value-add opportunity with a clean spread in a high-demand Washington market. At $425K against an estimated $540K ARV, this deal gives investors room to improve, reposition, and capture upside without needing to overthink the exit. The property offers a 4-bedroom, 2.5-bath layout, a functional 1,636 SF footprint, and a fenced backyard that helps the resale and rental story. It was previously used as a rental and appears to need TLC, making this a practical play for investors looking at a light-to-medium renovation, resale, or long-term hold. The Lacey / Olympia-area market gives this one strong buyer demand, rental demand, and commuter appeal. This is not a monster rehab — it is a clean value-add opportunity in a market where affordable single-family inventory still gets attention. Highlights: Starting at $425,000 with an estimated $540,000 ARV 4-bedroom, 2.5-bath layout Approx. 1,636 SF home Built in 1998 Approx. 7,217 SF lot Estimated rent around $2,690/month Previously used as a rental Fully fenced backyard Needs TLC / value-add opportunity Strong Lacey / Olympia-area demand Multiple exit strategies: flip, rental hold, or renovation resale Condition: Value-add opportunity needing TLC. Investors should complete their own due diligence on condition, repair scope, utilities, permits, rental performance, and resale value. Access: Call to schedule your walkthrough. Priority goes to buyers ready to inspect quickly, underwrite fast, and move forward with clean terms. Purchasing Guidelines: Cash purchase preferred $5K EMD – non-negotiable Purchaser responsible for closing expenses Priority given to buyers ready to move quickly First qualified buyer ready to move forward secures the deal. For additional details, text Steve at [contact details hidden]