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
- Phone:(425) 417-4716
- Email:heidibigdogrealty@yahoo.com
- Office Name:Coldwell Banker Danforth
- Office Phone:(425) 689-1894
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,875,000.0
- $/Unit$ 1,875,000.0
- Listing StatusAvailable
- Days on Market61
- Asset ClassMulti-Family
- Terms
- CondoYes
- Condo $/SF352
- Condo SF5,312
- Condo Parcel #
- Condo Fees
- Investment Type
- Investment PropYes
- Gross Income151,200
- Vacancy Factor %0.00%
- Operating Expenses31,000
- Net Operating Income120,200
- CAP Rate 6.41 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Sanitary SewerCity
- Water
- Electricity
- Storm SewerCity
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 6.41 %
- 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 TypeMulti-Family
- Office Type
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaLakewood
- Tax ID #7395000037
- Additional Parcels
- Zoning
6-units near Beach!
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































