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6923 20th Avenue SE #1, Lacey, WA, 98503

4beds
4baths
0sqft
$629,000
--price/sqft
$3,916/moest. monthly cost
$156,640/yrincome needed

About This Home

Fully Renovated Duplex with Lake Access – High ROI & Modern Upgrades A dream duplex or ideal house opportunity! This beautifully renovated duplex provides modern comfort, smart upgrades, and lake access — all in a high-demand location near Long Lake Park and highly rated schools. ?? Property Features: Two fully updated 2 bed / 1.5 bath units – approx. 1,000 sq ft each New solid flooring, fresh paint, and brand-new closets Remodeled kitchens with updated cabinets, countertops, and appliances New full and half bathrooms with quality finishes New water heaters in both units Private storage units and single-car garages per unit New LED lighting throughout plus smart light wiring for modern convenience Lake access.

Getting Around

13
WalkingCar-Dependent
32
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

4/10
Lacey Elementary SchoolGrades K-50.7 mi
3/10
Salish Middle SchoolGrades 6-83.9 mi
6/10

Construction

Condition

  • Property condition: Good
  • Year built: 1976

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding,Wood Products

Notable Dates

  • Major remodel year: 1976

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Vinyl,Carpet

Heating

  • Heating features: Baseboard,Electric

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 48050000600
  • Zoning description: Multi-Family,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 0.29 Acres
  • Features: Dead End Street,Paved,Cable TV,High Speed Internet,Patio

Parking

  • Total spaces: 10
  • Parking features: Garage,Open
  • Attached garage spaces: 6
  • Covered spaces: 6
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Thurston County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,180$38,160
Home Insurance *$158$1,896
Property Taxes $429$5,148
Electricity $149$1,793
Total$3,916$46,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,262/yr
40% on housing$117,480/yr
45% on housing$104,426/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 98503$220
Thurston County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 98503$301
Thurston County$285

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-11Price change$609,000
2025-09-02Price change$629,000
2025-08-28Listed for sale$649,000
2025-08-13Listing removed$649,000
2025-06-26Listed for sale$649,000
2025-05-31Listing removed$1,700
2025-05-24Price change$1,700
2025-05-20Price change$1,725
2025-05-18Listed for rent$1,925
2023-08-03Listing removed--
2023-07-23Listed for rent$1,600

For Sale by Agent

AgentAlexis Martz
BrokerageTRELORA Realty, Inc.

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