814 5th St St, Steilacoom, WA 98388 (MLS # 2486221)
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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.
| LAST UPDATED | 3/4/2026 | TRACT | Saltars Point |
|---|---|---|---|
| YEAR BUILT | 1970 | COMMUNITY | Saltars Point |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 43 - Steilacoom |
| CONSTRUCTION | Wood Siding |
| HEAT | Ductless , Electric, Wall Furnace |
| LOT | 0.8854 acre(s) |
| LOT DESCRIPTION | Corner Lot, Paved |
| MLS STATUS | Active |
| STORIES | 1 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Saltars Point |
| TAXES | 14177 |
| UTILITIES | Sewer Connected |
| SATELLITE VIEW |
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