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Pending · Residential Income

2707 Lexington Street , Steilacoom, WA 98388

Steilacoom, WA 98388

$549,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Keller Williams West Sound · MLS #2573516 · Pending

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About this property

Investment opportunity in desirable Steilacoom! Single-level duplex offering 1664 total sq. ft on a generous-sized lot. Strong rental history with potential for increased rental income make this an appealing property for investors or an owner-occupant looking to combine homeownership with the benefits of a multi-family property. Each residence offers well maintained, updated & functional living spaces each with 2 beds and 1 bath and approximately 832 sq ft, separate entrances and fenced outdoor areas complemented by an attractive landscaping and covered parking. Conveniently located near historic downtown Steilacoom, schools, parks and amenities with easy access to JBLM, Lakewood and major employment centers. A compelling opportunity to acquire a residential income property in a sought-after community where multi-family offerings are limited. Strong rental history. Investor Prospectus available upon request. One vacant unit at 515 Roe St is available for scheduled showings. The other nearly identical occupied units may be viewed following mutual acceptance. Adjacent duplex at 515 Roe St, MLS# 2573527 is also available and creates the opportunity for a 4-unit investment package.

Property details

Property type
Multi Family
Year built
1965
Lot size
9,622 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$4,075 (2026)
Parking spaces
4
School district
Steilacoom Historica
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:56:41 PM Pacific. 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 is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team