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  • Listed by: Keller Williams West Sound • Lisa Sisk
    $549,000

    2707 Lexington Street, Steilacoom, WA 98388

    4beds
    2baths
    1,664sqft
    : 
    $3,601/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1965
    -- sqft lot
    $540,300 Zestimate®
    $330/sqft
    $-- HOA

    What's special

    Covered parkingSeparate entrancesAttractive landscapingFenced outdoor areasGenerous-sized lot
    Investment opportunity in desirable Steilacoom! Single-level duplex offering 1664 total sq. ft on a generous-sized lot. Strong rental history with potential for increased rental income make this an appealing property for investors or an owner-occupant looking to combine homeownership with the benefits of a multi-family property. Each residence offers well maintained, updated & functional living spaces each with 2 beds and 1 bath and approximately 832 sq ft, separate entrances and fenced outdoor areas complemented by an attractive landscaping and covered parking. Conveniently located near historic downtown Steilacoom, schools, parks and amenities with easy access to JBLM, Lakewood and major employment centers. A compelling opportunity to acquire a residential income property in a sought-after community where multi-family offerings are limited. Strong rental history. Investor Prospectus available upon request. One vacant unit at 515 Roe St is available for scheduled showings. The other nearly identical occupied units may be viewed following mutual acceptance. Adjacent duplex at 515 Roe St, MLS# 2573527 is also available and creates the opportunity for a 4-unit investment package.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Sisk,

    Keller Williams West Sound

    Source: NWMLS as distributed by MLS GRID,MLS#: 2573516MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Flooring: Ceramic Tile, Laminate
      • Has fireplace: No
      Interior area
      • Total structure area: 1,664
      • Total interior livable area: 1,664 sqft

      Property

      Parking
      • Total spaces: 4
      • Carport spaces: 2
      • Uncovered spaces: 2
      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 9,622 Square Feet
      • Features: Paved, Cable TV, Fenced-Partially, Gas Available, Patio
      Details
      • Parcel number: 0220323038
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Brick, Wood Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1965
      • Major remodel year: 1990

      Utilities & green energy

      • Electric: Company: Town of Steilacoom
      • Sewer: Sewer Connected, Company: Town of Steilacoom
      • Water: Public, Company: Town of Steilacoom

      Community & HOA

      Community
      • Subdivision: Steilacoom
      Location
      • Region: Steilacoom

      Financial & listing details

      • Price per square foot: $330/sqft
      • Tax assessed value: $483,000
      • Annual tax amount: $4,075
      • Date on market: 9/11/2026
      • Listing terms: Conventional,FHA,VA Loan

        Estimated market value

        $540,300

        $513,000 - $567,000

        $2,282/mo

        Price history

        DateEventPrice
        9/11/2026Listed for sale$549,000+256.5%$330/sqft
        Source: NWMLS as distributed by MLS GRID #2573516 Report a problem
        3/9/2012Sold$154,000$93/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,075 +6.8%$483,000 +7.4%
        2024$3,815 +3.5%$449,700 +5.2%
        2023$3,685 +1.5%$427,300 +0.8%
        2022$3,630 -2.9%$424,100 +12.8%
        2021$3,738 +38.4%$376,100 +39.7%
        2019$2,700 +1.7%$269,200 +10.6%
        2018$2,655 +15.8%$243,300 +16.8%
        2017$2,292 +7.5%$208,300 +22.8%
        2016$2,132 $169,600 +2.4%
        2014$2,132 +6.9%$165,700 +9.1%
        2013$1,994 $151,900 +7.2%
        2012-- $141,700 -16.8%
        2011-- $170,400 -13%
        2010-- $195,800 +95.2%
        2000$1,316 $100,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98388

        Getting around

        16 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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