$1,875,000
Est. $9,501/mo814 5th St Steilacoom, Steilacoom, WA 98388
• Listed 2026-03-02•30 days on market
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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.
Listed by Heidi Bright • Coldwell Banker Danforth
Listing updated: May 14, 2026 at 12:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2486221
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814 5th St Steilacoom, Steilacoom, WA 98388
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School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Steilacoom is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: Days-on-market data not available for this area.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
