Active · Residential Income

814 5th St , Steilacoom, WA 98388

Steilacoom, WA 98388

$1,875,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Coldwell Banker Danforth · MLS #2486221 · Active

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About this property

GREAT INVESTMENT, FULLY RENOVATED 6-UNITS with steady rental income. Located just 7 blocks from the beautiful Saltar's Point Beach & Park to enjoy beachfront picnics, fresh salt air & more. Also close to Fort Steilacoom Park & just a 10 minute drive to Chambers Bay Golf. This Prime location is also close to Lakewood, University Place & McChord Air Force Base, in a quiet and quaint neighborhood within the Historic little town of Steilacoom. Duplex-style architecture, yet the property was developed as Condo Units in 2008 and has always been owned by a single investor versus 3 or 6 investors ... Current owner considering breaking into 3 Duplex Units if not sold to one investor who wants to own and manage the whole property with all 6-units, so don’t delay if you want to own all 6 in this great location! Updated roofs, windows, stainless appliances including W/D & microwaves in each unit, vinyl plank flooring, mini-split heat & A/C, + each unit has a deck w/ storage unit. 6 tax parcels for PSA. PLEASE Do Not Disturb Tenants! Access to interiors upon mutual acceptance on an acceptable PSA. 3-D Tour uploaded + Tour Video. Fidelity T&E.

Property details

Property type: Multi Family
Year built: 1970
Lot size: 38,570 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $14,177 (2025)
Parking spaces: 12
School district: Steilacoom Historica

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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