The Story

7825 Mullen Road Southeast

Lacey, WA 98503 · Home

Investor Alert! Exceptional opportunity with endless potential on nearly 4.5 acres. This versatile property offers multiple possibilities, from restoring the existing homes for owner occupancy and rental income to exploring future development opportunities, including potential subdivision or higher-density use (buyer to verify). The 2,055 sq. ft. rambler is ready for your vision and renovation expertise to bring it back to its original charm. The property also includes a detached 2-car garage, a 2-bedroom/2-bath manufactured home that can provide additional rental income, and two enormous shops ideal for storage, hobbies, business use, or further income potential. Mature landscaping, private well, and septic system are already in place. Conveniently located just minutes from Timberline High School, I-5 access, shopping, and amenities. Opportunities like this are rare—the potential here is substantial. Property sold AS IS. Buyer to verify all information and development potential to their satisfaction.


Facts & Features

Property Info

Price
$625,000
Completion Year
1,976
Living Space
2,055 sq ft
Bedrooms
3
Bathrooms
2
Lot size
4 acres

Features & Amenities

Fireplace

1 fireplace

Cooling

Heat Pump

Heating

Electric, Natural Gas, Heat Pump

Appliances

Dishwasher, Disposal, Electric Water Heater, Water Heater

Flooring

Laminate, Carpet

Roof

Composition

Lot Information

Level, Wooded, Paved

Exterior

Garden

Water Source

Well, Private

Sewer

Septic Tank

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Listing Broker

RE/MAX Country

Broker Name

RE/MAX Country

Agent

Cynthia Schmier

Location

Yelm WA 98597