PROPERTIES FOR SALE

6646 Kinwood Park Lane SE Lacey, WA 98503

NWMLS Courtesy of MVP Realty Group
6646 Kinwood Park Lane SE
Lacey, WA 98503
$725,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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.
Watch Virtual Tour #1

Property Features

Community: Hawks Prairie
Tri-plex
View: Territorial
Cable TV
Deck
Fenced-Partially
High Speed Internet
Patio
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1986
2025 Taxes: $7021.76
Buyer Broker Comp.: 2.5%
Listing #: 2468139

Lot Details

Lot Size: 0.64 acres
Lot Dimensions: 149' x 205' x 100' x ~205'
Paved
Sidewalk
No. of Units: 3

Interior

Cooling: Ductless HP-Mini Split
Heating: Ductless HP-Mini Split, Wall Unit(s)
Electric

Common Features

Coin Op Laundry
Storage

Schools

District: North Thurston
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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