Rockhood
$525,000List price
Pending

7438 Mullen Road SE #A-B · Lacey, WA 98503

Source: NWMLS · Realty One Group Bold · Tucker Stanley #NWM2476490

About this home

Well-maintained duplex tucked away on a quiet street in a highly desirable Lacey location, conveniently close to schools, shopping, and everyday amenities. This side-by-side property features two spacious 2-bedroom, 1-bath units, each with an attached garage and private fenced yard — an attractive setup for both tenants and owner-occupants. Designed with a functional, conventional layout, each unit offers a large living area, generous kitchen with direct backyard access, and in-unit washer and dryer. Strong rental history with recent upgrades. This desirable investment creates flexibility for investors or those looking to offset their mortgage through house hacking. With consistent rental performance, fair-market rents, and solid construction, this property presents an excellent opportunity to add a reliable asset to your investment portfolio. Units A and B are currently rented for $2,100 apiece!

Location

Basics

Property type
Multi Family
Style
Duplex
Stories
1 story
Year built
1977
Building area
1,765 sq ft
Lot size
13,275 sq ft (0.3 acres)
County
Thurston
MLS #
NWM2476490

Interior

Heating
Wall Furnace
Cooling
None
Flooring
Laminate, Vinyl

Exterior & lot

Exterior features
Wood Products
Roof
Composition
View
Territorial
Waterfront
No

Parking

Parking spaces
4
Garage
2
Covered spaces
2

Utilities

Water
Public
Sewer
Septic Tank
Power
Electric

Community & fees

Subdivision
Lacey
Property tax
$5,965 (2025)

Transaction

Original list price
$599,999 (12.5% price cut)
Listed on
Feb 4, 2026
Days on market
202
Listing terms
Cash, Conventional, FHA, VA Loan
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2021-04-06
Sold$425,000
2018-09-13
Sold$272,000
2013-06-25
Sold$155,650
2006-10-18
Sold$229,000

Schools

School district: North Thurston

Elementary
Woodland Elem
Middle
Komachin Mid
High
Timberline High School
SchoolDigger 2 stars · Top 53% in WA

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Listing provided courtesy of: Realty One Group Bold

Listing agent: Tucker Stanley.

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 2026-09-01.