$549,000

4 Beds 2 Baths 1,664 SQFT 0.22 Acres
Type: Multi-Family

515 Roe Street
Steilacoom, WA 98388

MLS#: 2573527
Presented by: Keller Williams West Sound and NWMLS

Property Description

 

Discover an exceptional opportunity in desirable Steilacoom with this updated, single-level duplex on a generous corner lot. Invest, owner-occupy, or explore multigenerational living by occupying both residences—enjoying the convenience of living close while maintaining separate, private spaces. Each unit offers 2 bedrooms, 1 bath and approximately 832 sq ft, for 1,664 total sq ft. Separate entrances, functional layouts, oversized lot with fenced outdoor patio areas, covered parking and extra storage add everyday comfort and appeal. One unit available now, the other in December create exciting possibilities: bring generations together, live in one and rent the other, or rent both with significant rent increases upon tenant turnover. Enjoy a sought-after location near historic downtown Steilacoom, schools, parks and amenities, with convenient access to JBLM, Lakewood and major employment centers. Opportunities to own a duplex in this charming community are limited—make this one work for your lifestyle and investment goals! Investor prospectus available upon request. One vacant & staged unit is available for scheduled showings; the occupied unit may be viewed following mutual acceptance.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Laminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

AmenitiesStorage
Building Area Units0 sqft
Cap Rate4.74
Carport Spaces2
Carport Y/NNo
CitySteilacoom
CoolingNone
CountyPierce
DirectionsFrom I-5 take exit 125/Bridgeport Way toward Steilacoom. Follow Bridgeport Way to Steilacoom Blvd SW, turn west, then left on Rigney Rd. Rigney becomes Roe St. Property on left at 515 Roe St.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolBuyer To Verify
High School DistrictSteilacoom Historica
Insurance Expense867
Leasable Area1,664 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet9,622 sqft
Lot Size UnitsSquare Feet
MLS Area43 - Steilacoom
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income26066
New ConstructionNo
Number Of Units Total2
PossessionSubject To Tenant Rights
Possible UseMulti-Family
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksDiscover an exceptional opportunity in desirable Steilacoom with this updated, single-level duplex on a generous corner lot. Invest, owner-occupy, or explore multigenerational living by occupying both r
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameSteilacoom
Tax Annual Amount$4,041
Tax Year2026
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanySteilacoom Public Works
Water Sewer Garbage0
Year Built1965
Zoning DescriptionMulti-Family

Exterior

Building Area Total1,664 sqft
Covered Spaces2
Exterior AmenitiesBrick, Wood, Wood Products
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Paved
Lot Size Acres0.2209
Parking Uncovered Total2
Site FeaturesCable TV, Fenced-Partially, Patio
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Middle School Buyer To Verify Middle School
Elementary School Buyer To Verify Elementary School

  

Similar Properties

$549,000

4 Beds 2 Baths 1,664 SQFT 0.22 Acres
Type: Multi-Family

515 Roe Street
Steilacoom, WA 98388

MLS#: 2573527