Skip To Content

814 5th St

Steilacoom, WA 98388
  • $1,875,000
  • STATUS: Active
  • MLS #: 2486221
$1,875,000
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,312
    SQFT
  • $353
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Ratings & Info

School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Coldwell Banker Danforth.
Mortgage Calculator is provided by BoomTown.

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.

Monthly Payment Calculator

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-03-16T00:14:33.843. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-03-16T00:14:33.843. 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.

Digital Millennium Copyright Act
www.tricitiesrealtygroupllc.com/homes/173624050
Print Image

814 5th St Steilacoom, WA 98388

  • Price: $1,875,000
  • Status: Active
  • On Site: Days
  • MLS #: 2486221
0
Beds
0
Baths
0
½ Baths
0.89
Acres
5,312
SQFT
$353
$/SQFT
1970
Built
Neighborhood:
Saltars Point
County:
Pierce
Area:
Steilacoom
School District:
Stehekin
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Corner LotPaved Open Parking YN No Roof CompositionTorch Down Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 5312 Cooling Ductless Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Vinyl Plank Heating DuctlessWall Unit(s) Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities See RemarksStorage Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No Irrigation Water Rights YN No Listing Terms Cash Net Operating Income 120200 New Construction YN No Possession Subject to Tenant Rights Power Company Town of Steilacoom Power Production Type Electric Property Condition Updated/Remodeled Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company Pierce County Sewer Site Features DeckOutbuildings Special Listing Conditions None Tax Annual Amount 14177 Tax Year 2025 Units In Building Total 6 Water Company Town of Steilacoom Year Built Effective 2008

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-03-16T00:14:33.843. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-03-16T00:14:33.843. 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.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2486221-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2486221-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2486221-1.jpg
Logo
Tri-Cities Realty Group, LLC
1919 N 20th Ave
Pasco WA, 99301
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Coldwell Banker Danforth.
Mortgage Calculator is provided by BoomTown.