814 5th St
Steilacoom WA 98388

814 5th Street

814 5th St Steilacoom WA 98388

Listing #: 709427 | Status: Available | Last Modified: 3/26/2026 |

For Sale
Heidi Bright
  • Phone:(425) 417-4716
  • Email:heidibigdogrealty@yahoo.com
  • Office Name:Coldwell Banker Danforth
  • Office Phone:(425) 689-1894
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,875,000.0
  • $/Unit$ 1,875,000.0
  • Listing StatusAvailable
  • Days on Market61
  • Asset ClassMulti-Family
  • Terms
Condo Information
  • CondoYes
  • Condo $/SF352
  • Condo SF5,312
  • Condo Parcel #
  • Condo Fees
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income151,200
  • Vacancy Factor %0.00%
  • Operating Expenses31,000
  • Net Operating Income120,200
  • CAP Rate 6.41 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Sanitary SewerCity
  • Water
  • Electricity
  • Storm SewerCity
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 6.41 %
Building Information
  • Building StatusExisting
  • # of Buildings3
  • # of Floors1
  • # of Units6
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF5312
  • Net Rentable Area0
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF39168
  • Acres0.9
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaLakewood
  • Tax ID #7395000037
  • Additional Parcels
  • Zoning

6-units near Beach!

Public Comments

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 gr

Listing Images