Listing Courtesy of:

Northwest MLS as distributed by MLS GRID / Coldwell Banker Danforth / Heidi Bright / Joseph "Joe" Done

814 5th St Steilacoom, WA 98388

Active (30 Days)

$1,875,000 ^(USD)

5,312

SQFT

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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.

MLS #:
2486221

Taxes
$14,177(2025)

Lot Size
0.89 acres

Type
Multifamily

Year Built
1970

Style
5-9 Units

School District
Steilacoom Historica

County
Pierce County

Community
Saltars Point

Listed By

Heidi Bright, Coldwell Banker Danforth
Joseph "Joe" Done, Coldwell Banker Danforth

Source
Northwest MLS
Last checked Apr 2 2026 at 5:18 AM GMT+0000

Bathroom Details

Subdivision

Saltars Point

Lot Information

Corner Lot
Paved

Property Features

Deck
Outbuildings
Fireplace: 0

Heating and Cooling

Wall Unit(s)
Ductless

Flooring

Vinyl Plank

Exterior Features

Wood
Roof: Composition
Roof: Torch Down

Utility Information

Sewer: Sewer Connected
Fuel: Electric

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.

Based on information submitted to the MLS GRID as of 4/2/2026 05:18. 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.