814 5th Street Steilacoom, WA $ 1,875,000
814 5th Street
$ 1,875,000
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814 5th Street

Steilacoom, WA, 98388
$ 1,875,000
Baths0.0 Sq 5,472

Monthly Estimate*

$ 11,698

Listed by Olympic Sotheby's Int'l Realty
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Studio

Multi-Family Home for sale in Steilacoom, WA

for $1,875,000. This 5,472 square foot home was built in 1970 on a lot size of 0.1557.

Really great investment opportunity. Six condos in three separate buildings. Each unit has been renovated with new roofs, windows, flooring, paint, fixtures, stainless appliances and more. 2 parking spaces and storage with each unit. 4 (3br) and 2 (2br) units. Well maintained common area and yard. Close to Salter Point Beach and all that Steilacoom has to offer. 6 separate parcels. All units are leased at this time.

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Multi-Family Active

Price

$ 1,875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,920

Style

5-9 Units

Lot Size

0.1557

Year Built

1970

Town/City

Steilacoom

County/Region

Pierce

MLS | Web ID

2452213

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Wall Unit(s)
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1970
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 95812
Insurance Expense 6368
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Steilacoom
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions Union Ave N to Gove St. Left on 5th.
High School Steilacoom High
City Steilacoom
Senior Community Y/N N
High School District Steilacoom Historica
Zoning Description Multi-Family Residential
Open Parking Spaces 12
Number Of Units Total 6
MLS Area 43 - Steilacoom
Lot Size Units Square Feet
Lot Size Square Feet 6781
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 1920
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Really great investment opportunity. Six condos in three separate buildings. Each unit has been renovated with new roofs windows flooring paint fixtures stainless appliances and more. 2 parking space
Leasable Area 5472
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 8400
Property Style 55 - 5-9 Units
Cap Rate 4.8
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Dead End Street Open Space Paved Secluded
Water Source Public
Total Parking 12
Foundation Details Poured Concrete
Building Area Total 5472
Lot Size Acres 0.1557
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet
Parking Uncovered Spaces 12
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Interior
Flooring Engineered Hardwood
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2452213
Street Number 1 814
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* Excluded Features
List By
Lacey Casciato

Listing Agent

Olympic Sotheby's Int'l Realty

Broker

Affordability Calculator

$11,858
Per Month
99%
1%
0%
Monthly Principal & Interest
$11,698
Monthly Property Taxes
$160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100375 Elementary School
3100218 Middle School
Steilacoom High High School
Pricing History
DatePricePrice ChangeDescription
11/5/2025$1,800,000 Listed Price

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814 5th Street, Steilacoom, WA, 98388 is a Multi-Family Home for sale at $1,875,000 with 5,472 sqft and a lot size of 0.1557. 814 5th Street is a studio with 0.0 baths and was built in 1970. The property's zip code is 98388 which is in Steilacoom, WA