This listing courtesy of Heidi Bright , Coldwell Banker Danforth
$1,875,000

814 5th St, Steilacoom, WA 98388

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.89acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 7:21PM
Listing Office:
Coldwell Banker Danforth : 425-698-1894
Listing Agent:
Heidi Bright : 425-698-1894
MLS ID:
2486221
  • Flooring: Vinyl Plank
  • A/C: Ductless
  • Heating: DuctlessWall Unit(s)
  • Fireplace: Fireplaces: 0
  • General: Wood
  • Parking: Parking spaces: 12
  • Roofing: CompositionTorch Down
  • General: 55 - 5-9 Units
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Steilacoom Historica
  • County: Pierce
  • Zoning: 9008470010
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Heidi Bright , Coldwell Banker Danforth

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Saltars Point Elementary School

908 3rd St, Steilacoom, WA, 98388

Grades 4-5

0.13 miles away

P

Pioneer MIddle School

1750 Bobs Hollow Ln, Dupont, WA, 98327

Grades 6-8

4.83 miles away

F

Futures Program

510 Chambers St, Steilacoom, WA, 98388

Grades 11-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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