3108 Ponderosa Street NE, Lacey, WA 98516 (MLS # 2528933)

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Listing provided courtesy of Northwest MLS; Blue Summit Realty LLC

PRICE $849,950
BEDS 0
BATHS 0
HOME SIZE 3,532 sqft
LOT SIZE 4,796 sqft

Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

LAST UPDATED 5/23/2026 TRACT Lacey
YEAR BUILT 2020 COMMUNITY Lacey
GARAGE SPACES 4.0 COUNTY Thurston
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Ductless
AIR CONDITIONING Yes
AREA 446 - Thurston Ne
CONSTRUCTION Wood Siding
GARAGE Yes
HEAT Ductless , Electric, Wall Furnace
HOA DUES 660
LOT 4796 sq ft
LOT DESCRIPTION Curbs, Paved, Sidewalk
MLS STATUS Active
STORIES 2
STYLE 52 - Duplex
SUBDIVISION Lacey
TAXES 10158
UTILITIES Cable Available, Sewer Connected
WATER Public
ZONING Multi-Family

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Properties with the Logo 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 5/24/26 5:32 AM 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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