TWO HOMES. ONE SMART OPPORTUNITY! Discover exceptional flexibility in desirable Steilacoom with this updated, single-level duplex on a generous corner lot. Invest, owner-occupy, or explore multigenerational living by occupying both residences—enjoying the convenience of living close while maintaining separate, private spaces. Each residence offers 2 bedrooms, 1 bath and approximately 832 sq ft, for 1,664 total sq ft. Separate entrances, functional layouts, oversized lot with fenced outdoor patio areas, covered parking and extra storage add everyday comfort and appeal. One unit available now, the other in December create exciting possibilities: bring generations together, live in one and rent the other, or rent BOTH at current market rates—with potential rental income significantly above existing rents. A strong rental history adds to the investment appeal. Enjoy a sought-after location near historic downtown Steilacoom, schools, parks and amenities, with convenient access to JBLM, Lakewood and major employment centers. Opportunities to own a duplex in this charming community are limited—make this one work for your lifestyle and investment goals! Investor prospectus available upon request. One vacant & staged unit is available for scheduled showings; the occupied unit may be viewed following mutual acceptance.
Active
Listed by: Keller Williams West Sound • Lisa Sisk
$549,000
515 Roe Street, Steilacoom, WA 98388
4beds
2baths
1,664sqft
Duplex, Multi Family
Built in 1965
-- sqft lot
$545,600 Zestimate®
$330/sqft
$-- HOA
What's special
Covered parkingGenerous corner lotSeparate entrancesAttractive landscapingFenced outdoor areas
- --
- on Zillow
- 692
- views
- 67
- saves
Zillow last checked:
Listing updated:
Listed by:
Lisa Sisk,
Keller Williams West Sound
Source: NWMLS as distributed by MLS GRID,MLS#: 2573527
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: Corner Lot, Paved, Cable TV, Fenced-Partially, Patio
Details
- Parcel number: 0220323037
- 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, Wood Products
- Foundation: Slab
- Roof: Composition
Condition
- Good
- Year built: 1965
- Major remodel year: 1987
Utilities & green energy
- Electric: Company: Steilacoom Public Works
- Sewer: Sewer Connected, Company: Steilacoom Public Works
- Water: Public, Company: Steilacoom Public Works
Community & HOA
Community
- Subdivision: Steilacoom
Location
- Region: Steilacoom
Financial & listing details
- Price per square foot: $330/sqft
- Tax assessed value: $479,000
- Annual tax amount: $4,041
- Date on market: 9/11/2026
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$545,600
$518,000 - $573,000
$2,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Listed for sale | $549,000$330/sqft |
Source: | ||
| 9/29/2026 | Pending sale | $549,000$330/sqft |
Source: | ||
| 9/11/2026 | Listed for sale | $549,000+216.4%$330/sqft |
Source: | ||
| 3/26/2015 | Sold | $173,500$104/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,041 +6.5% | $479,000 +7.1% |
| 2024 | $3,795 +4.6% | $447,300 +6.3% |
| 2023 | $3,628 +1.5% | $420,600 +0.7% |
| 2022 | $3,574 -2.9% | $417,500 +12.7% |
| 2021 | $3,680 +40.2% | $370,300 +39.6% |
| 2019 | $2,625 +2% | $265,200 +12.1% |
| 2018 | $2,574 +15.1% | $236,500 +17.1% |
| 2017 | $2,236 +8.2% | $201,900 +22.1% |
| 2016 | $2,067 | $165,300 +2.9% |
| 2014 | $2,067 +3.7% | $160,700 +5.8% |
| 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







