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Active
$1,875,000
16beds
6baths
5,312sqft

814 5th St, Steilacoom, WA 98388

16beds
6baths
5,312sqft
Multi family
Built in 1970
12 Parking spaces
$353 price/sqft

What's special

Vinyl plank flooringUpdated roofsDuplex-style architecture

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.

174 days
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405
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14
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Source: NWMLS as distributed by MLS GRID,MLS#: 2486221MLS Logo
Travel times

Outdoor 1

Outdoor 2

Outdoor 3

Living Room

Kitchen

Bedroom

Storage

Bathroom

Zillow last checked:

Listing updated:

Listed by:

Heidi Bright,

Coldwell Banker Danforth,

Joseph Done,

Coldwell Banker Danforth

Source: NWMLS as distributed by MLS GRID,MLS#: 2486221MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 16
  • Bathrooms: 6
Heating
  • Ductless, Wall Furnace, Electric
Cooling
  • Ductless
Features
  • Flooring: Vinyl Plank
  • Has fireplace: No
Interior area
  • Total structure area: 5,312
  • Total interior livable area: 5,312 sqft

Property

Parking
  • Total spaces: 12
  • Uncovered spaces: 12
Lot
  • Size: 0.89 Acres
  • Features: Corner Lot, Paved, Deck, Outbuildings
Details
  • Parcel number: 9008470010
  • Special conditions: Standard

Construction

Type & style
  • Home type: MultiFamily
  • Architectural style: 5-9 Units
  • Property subtype: Multi Family
Materials
  • Wood Siding
  • Roof: Composition,Torch Down
Condition
  • Updated/Remodeled
  • Year built: 1970
  • Major remodel year: 2008

Utilities & green energy

  • Electric: Company: Town of Steilacoom
  • Sewer: Sewer Connected, Company: Pierce County Sewer
  • Water: Company: Town of Steilacoom

Community & HOA

Community
  • Subdivision: Saltars Point
Location
  • Region: Steilacoom

Financial & listing details

  • Price per square foot: $353/sqft
  • Annual tax amount: $14,177
  • Date on market: 3/2/2026
  • Cumulative days on market: 175 days

Price history

DateEventPrice
3/3/2026Listed for sale$1,875,000+38.9%$353/sqft
Source: NWMLS as distributed by MLS GRID #2486221 Report a problem
11/6/2024Listing removed$2,175
Source: Zillow Rentals Report a problem
10/8/2024Listed for rent$2,175+10.1%
Source: Zillow Rentals Report a problem
3/11/2024Listing removed--
Source: Zillow Rentals Report a problem
2/26/2024Price change$1,975+1.3%
Source: Zillow Rentals Report a problem
2/23/2024Listed for rent$1,950
Source: Zillow Rentals Report a problem
4/28/2023Listing removed--
Source: Zillow Rentals Report a problem
4/18/2023Price change$1,950-9.3%
Source: Zillow Rentals Report a problem
3/31/2023Price change$2,150+13.2%
Source: Zillow Rentals Report a problem
3/14/2023Price change$1,900-11.6%
Source: Zillow Rentals Report a problem
2/15/2023Price change$2,150-4.4%
Source: Zillow Rentals Report a problem
1/9/2023Price change$2,250+7.1%
Source: Zillow Rentals Report a problem
1/4/2023Price change$2,100-6.7%
Source: Zillow Rentals Report a problem
11/17/2022Listed for rent$2,250
Source: Zillow Rental Manager Report a problem
12/30/2021Sold$1,350,000-9.9%$254/sqft
Source: NWMLS as distributed by MLS GRID #1842633 Report a problem
12/19/2021Pending sale$1,499,000$282/sqft
Source: NWMLS as distributed by MLS GRID #1842633 Report a problem
12/5/2021Listed for sale$1,499,000$282/sqft
Source: NWMLS as distributed by MLS GRID #1842633 Report a problem
11/30/2021Pending sale$1,499,000$282/sqft
Source: NWMLS as distributed by MLS GRID #1842633 Report a problem
11/3/2021Price change$1,499,000-6.3%$282/sqft
Source: NWMLS as distributed by MLS GRID #1842633 Report a problem
10/19/2021Pending sale$1,599,000$301/sqft
Source: NWMLS as distributed by MLS GRID #1842633 Report a problem
9/22/2021Listed for sale$1,599,000$301/sqft
Source: RE/MAX International #1842633 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment
$10,720/mo
Principal & interest
$9345
Property taxes
$1375
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 98388

Nearby schools

Saltars Point Elementary School
Grades 4-50.1 miles
6/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
4/10
Pioneer Middle School
Grades 6-84.8 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
6/10
Steilacoom High School
Grades 9-121.8 miles
9/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
9/10