Active · Residential Income

515 Roe Street , Steilacoom, WA 98388

Steilacoom, WA 98388

$549,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Keller Williams West Sound · MLS #2573527 · Active

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About this property

TWO HOMES. ONE SMART OPPORTUNITY! Discover exceptional flexibility in desirable Steilacoom with this updated, single-level duplex on a generous corner lot. Invest, owner-occupy, or explore multigenerational living by occupying both residences—enjoying the convenience of living close while maintaining separate, private spaces. Each residence offers 2 bedrooms, 1 bath and approximately 832 sq ft, for 1,664 total sq ft. Separate entrances, functional layouts, oversized lot with fenced outdoor patio areas, covered parking and extra storage add everyday comfort and appeal. One unit available now, the other in December create exciting possibilities: bring generations together, live in one and rent the other, or rent BOTH at current market rates—with potential rental income significantly above existing rents. A strong rental history adds to the investment appeal. Enjoy a sought-after location near historic downtown Steilacoom, schools, parks and amenities, with convenient access to JBLM, Lakewood and major employment centers. Opportunities to own a duplex in this charming community are limited—make this one work for your lifestyle and investment goals! Investor prospectus available upon request. One vacant & staged unit is available for scheduled showings; the occupied unit may be viewed following mutual acceptance.

Property details

Property type: Multi Family
Year built: 1965
Lot size: 9,622 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $4,041 (2026)
Parking spaces: 4
School district: Steilacoom Historica

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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