814 5th St

Steilacoom, WA 98388

$1,875,000
Price
16
Beds
6
Baths
5,472 Sq. Ft.
$343 / Sq. Ft.
5,472
Sq. Ft.
$343
per Sq. Ft.
a view of front of a house with a yard
front view of a house with a yard
an empty room that has a window
an empty room with wooden floor and windows
a kitchen with stainless steel appliances cabinets a sink and a stove
a kitchen with stainless steel appliances granite countertop a stove a refrigerator and a microwave
a kitchen with a refrigerator a sink and dishwasher
a kitchen with stainless steel appliances granite countertop a sink a stove and cabinets
a view of a hallway with wooden floor
a view of an empty room with wooden floor and a window
a view of an empty room
a view of empty room with wooden floor
a bathroom with a sink a mirror and vanity
a bathroom with a sink a toilet and a bathtub
a view of a backyard of the house
a view of entryway with a front door
a view of a wooden door
a view of a house with a bed and a swimming pool
Listing provided courtesy of Olympic Sotheby's Int'l Realty

Description

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.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.

Property Details for 814 5th Street

Community Name
Steilacoom
School District
Steilacoom Historica
View
Territorial
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
11-05-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/14/2025 03:01 PM

Property Details for 814 5th Street

StatusActive
MLS #2452213
Days on Market47
Cumulative Days on Market47
Taxes$1,920 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1970
Lot Size0.16 AC / 6,781 SF
CountyPierce County

Location

Listing Courtesy of Olympic Sotheby's Int'l Realty
Add your commute

Building Information for 814 5th Street

Stories1Residences6Year Built1970Building Size-Lot Size0.16 AC / 6,781 SF

Payment Calculator

$9,425 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,265

Property Taxes

$160

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 814 5th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Deck, High Speed Internet
  • Area: 43 - Steilacoom
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Steilacoom High
  • Directions: Union Ave N to Gove St. Left on 5th.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 12.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Engineered Hardwood
  • Amenities: Storage
  • Cooling: Yes
  • Cooling: Ductless
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8400
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 18
Lot Information
  • Lot Details: Corner Lot, Dead End Street, Open Space, Paved, Secluded
  • Lot Size Source: Realist
  • Parcel Number Free Text: 9008470010
  • Calculated Square Footage: 5472
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5472.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 12
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 34688
  • Gross Adjusted Income: 154200
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $154,200
  • Insurance Expense: $6,368
  • Net Operating Income: $95,812
  • Other Expenses: $18,000
  • Total Monthly Income: 12850
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 8141
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 912
  • Rent Unit 1: $2,175.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 8142
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 912
  • Rent Unit 2: $2,175.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 8143
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 912
  • Rent Unit 3: $1,975.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 8144
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 912
  • Rent Unit 4: $2,175.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 8145
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 912
  • Rent Unit 5: $2,175.00
  • Bedrooms Unit 5: 3
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 8146
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 912
  • Rent Unit 6: $2,175.00
  • Bedrooms Unit 6: 3
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5472.0

Property History for 814 5th Street

DateEvent & SourcePriceAppreciation
Nov 5, 2025

Price Change

NWMLS #2452213

$1,875,000—
Nov 5, 2025

Listed (Active)

NWMLS #2452213

$1,800,000—
Dec 30, 2021

Sold

NWMLS #1842633

$1,350,000—
Dec 14, 2021

Pending

NWMLS #1842633

—
Nov 2, 2021

Price Change

NWMLS #1842633

$1,499,000—
Sep 19, 2021

Listed (Active)

NWMLS #1842633

$1,599,000—
DateEvent & SourcePrice
11/05/2025

Price Change

NWMLS #2452213

$1,875,000
11/05/2025

Listed (Active)

NWMLS #2452213

$1,800,000
12/30/2021

Sold

NWMLS #1842633

$1,350,000
12/14/2021

Pending

NWMLS #1842633

—
11/02/2021

Price Change

NWMLS #1842633

$1,499,000
09/19/2021

Listed (Active)

NWMLS #1842633

$1,599,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 814 5th Street

This home is within Steilacoom Hist. School District.
Rating
School
Type
Grades
Distance
Cherrydale Elementary School
Public - K to 3
Saltars Point Elementary School
Public - 4 to 5
Pioneer Middle School
Public - 6 to 8
Steilacoom High School
Public - 9 to 12
Rating
School
Distance
Cherrydale Elementary School
PublicK to 3

Saltars Point Elementary School
Public4 to 5

Pioneer Middle School
Public6 to 8

Steilacoom High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 814 5th Street, Steilacoom, WA 98388

814 5th Street is a multi-family home for sale in Steilacoom, WA 98388. This property was listed for sale on November 5, 2025 by Olympic Sotheby's Int'l Realty, it's currently listed at $1,875,000. It has been on the market for a total of 47 days and was last sold on December 30, 2021. This listing's school district is Steilacoom Hist. School District. Nearby schools include Cherrydale Elementary School, Saltars Point Elementary School and Pioneer Middle School. 814 5th Street is a 16-bed, 6-bath, 5,472 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Olympic Sotheby's Int'l Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/22/2025 05:23 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.