Active
4 beds2 baths2,048 sqft$659/sqft
8623 Steilacoom Rd SE, Unit AB, Lacey, WA 98513
Est: $7,332/moGet pre-approved
Multi FamilyProperty Type
1.28 acresLot Size
1979Year Built
$659/sq ftPrice per sq ft
10 carsParking Spaces

Description

Existing Duplex on 1.28 acres Approved plans to pick up at city of Lacey to start sewer and water extension sidewalk street trees for 1 lot to become Seven Lots. Existing Duplex will become 2 town homes separate lots plus 5 new single home lots. 7 lots total. Design for power with PSE . Option 2 just enjoy The large lot and remodel existing duplex adding additional bedrooms and a second story. Home was originally on septic and was limited to 2 bedrooms per unit. Duplex is on city sewer and Private...Existing Duplex on 1.28 acres Approved plans to pick up at city of Lacey to start sewer and water extension sidewalk street trees for 1 lot to become Seven Lots. Existing Duplex will become 2 town homes separate lots plus 5 new single home lots. 7 lots total. Design for power with PSE . Option 2 just enjoy The large lot and remodel existing duplex adding additional bedrooms and a second story. Home was originally on septic and was limited to 2 bedrooms per unit. Duplex is on city sewer and Private well serving duplex. Lots of room for RV parking and flat areas to build covered RV or hobby storage. Can also build a single 1000 SF ADU if subdivided may build up to 2 ADU per lot plus primary home NEW ADU rules for Lacey adopted 6/28/26 Option 3 Possible daycare or group home need to check with city on daycare option. Option 4 do subdivision and City finalizes sub lot rules create additional lots. Each unit 2 bedroom One bath each unit. Converted to Natural gas for Furnace and added A/C unit. hook up for gas BBQ and Dryer. stub for hot water next to furnace. Garage conversion would add 3rd bedroom and Bath. Primary bedroom can convert walk in closet to bathroom. Unit A 1008 SF. B 1040 SF. lots of possibilities.
Days on Market Listed Today
Cumulative days on Market: 103
Last updated: 08/29/2026 10:43 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2575844

Location

Listing Courtesy of Congress Realty
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Property Information for 8623 Steilacoom Road Southeast, Unit AB

Property Details
  • Taxes: $5,642 / year
  • MLS Type: Residential Income
  • Community Name: Lacey
  • School District: North Thurston
  • Number of Assigned Spaces: 10
  • Total Covered Parking: 4
  • Entry Date: 08-29-2026
  • Energy Source: Natural Gas
  • Sewer: Available
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1979
  • Lot Size: 1.28 AC / 55,757 SF
Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially
  • Area: 451 - Hawks Prairie
  • Elementary School: Chambers Prairie El
  • Middle Or Junior School: Nisqually Mid
  • High School: River Ridge High
  • Effective Year Built Source: Public Records
  • Directions: North or Southbound on I-5 exit 111 head south to Steilacoom road and turn Left. follow to private road 8623 Steilacoom rd se turn right. Property is on your left
  • Leased Items: Security System
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 2.0
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Amenities: Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: 90%+ High Efficiency
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: Partially Fenced, Security System
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 242
  • Power Company: PSE
  • Sewer Company: City of Lacey
  • Water Company: City of Lacey
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1979
  • Photos Count: 3
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 11813241002
  • Building Condition: Fair
  • Calculated Square Footage: 2048
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2048.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Total Uncovered Parking: 6
  • Number of Stories in Building: 1
  • Unit Number: A-B
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $200
  • Total Expenses: 10884
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $4,700
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $100
Unit 1
  • Name Unit 1: A
  • Square Feet Unit 1: 1008
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Square Feet Unit 2: 1040
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 2048.0

Property History for 8623 Steilacoom Road Southeast, Unit AB

DateEvent & SourcePriceAppreciation
Aug 29, 2026

Listed (Active)

NWMLS #2575844

$1,350,000
DateEvent & SourcePrice
08/29/2026

Listed (Active)

NWMLS #2575844

$1,350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 8623 Steilacoom Road Southeast, Unit AB

This home is within North Thurston Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Seven Oaks Elementary School
PublicPK to 5

Nisqually Middle School
Public6 to 8

River Ridge High School
Public9 to 12

Salish Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8623 Steilacoom Road Southeast, Unit AB is a multi-family home for sale in Lacey, WA 98513. This property was listed for sale on August 29, 2026 by Congress Realty, it's currently listed at $1,350,000. This listing's school district is North Thurston Public Schools. Nearby schools include Seven Oaks Elementary School, Nisqually Middle School and River Ridge High School. 8623 Steilacoom Road Southeast, Unit AB is a 4-bed, 2-bath, 2,048 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Congress Realty

Based on information submitted to the MLS GRID as of 08/29/2026 10:43 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.