Strong Lacey value-add opportunity with a clean spread in a high-demand Washington market. At $424K against an estimated $560K 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 $424,000 with an estimated $560,000 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.