3108 Ponderosa Street NE · Lacey, WA 98516
Source: NWMLS · Blue Summit Realty LLC · Brian J Dermanoski #NWM2528933
About this home
Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.
Location
Basics
- Property type
- Multi Family
- Style
- Duplex
- Stories
- 2 stories
- Condition
- Very Good
- Year built
- 2020
- Building area
- 3,532 sq ft
- Lot size
- 4,796 sq ft (0.11 acres)
- County
- Thurston
- MLS #
- NWM2528933
Interior
- Heating
- 90%+ High Efficiency, Ductless, Wall Furnace
- Cooling
- 90%+ High Efficiency, Ductless
- Flooring
- Vinyl Plank
Exterior & lot
- Exterior features
- Cement/Concrete, Wood, Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Curbs, Paved, Sidewalk
- Waterfront
- No
Parking
- Parking spaces
- 8
- Garage
- 4
- Covered spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Lacey
- HOA dues
- $660/yr
- Property tax
- $10,158 (2026)
Transaction
- Listed on
- May 23, 2026
- Days on market
- 77
- Listing terms
- Cash, Conventional, VA Loan
- Possession
- Closing, See Remarks
More homes nearby
Schools
School district: North Thurston
- High
- North Thurston High SchoolSchoolDigger 3 stars · Top 30% in WA
Listing provided courtesy of: Blue Summit Realty LLC
Listing agent: Brian J Dermanoski.
Based on information submitted to the MLS GRID as of —. 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. IDX information 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-23.