6646 Kinwood Park Lane Se, Lacey, WA 98503
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: marti baker
Office: mvp realty group
MLS#:2468139
Source:NWMLS
Price summary
- Price:$725,000
- Price per sq. ft.:$270.52
About this home
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.
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Home facts
- Year built:1986
- Listing ID #:2468139
- Updated:March 03, 2026 at 08:58 AM
Rooms and interior
- Flooring:Carpet, Vinyl Floor, Vinyl Plank
- Living area:2,680 sq. ft.
Heating and cooling
- Heating:Wall Unit(s)
Structure and exterior
- Roof:Composition
- Year built:1986
- Building area:2,680 sq. ft.
- Lot area:0.64 Acres
- Lot Features:Paved, Sidewalk
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Deck, Fenced-Partially, Patio
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$270.52
- Tax amount:$7,022 (2025)
Features and amenities
- Amenities:Cable TV, High Speed Internet
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