Listed by Olympic Sotheby's Int'l Realty
$1,800,000
$200K PRICE DROP

Estimated payment $10,187/month

Total Views 10,529
16 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • Secluded Lot
  • Engineered Wood Flooring
  • Steilacoom High School Rated A-
  • Territorial View
  • No HOA

About This Home

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.

Listing Agent

Lacey Casciato

Olympic Sotheby's Int'l Realty License #139140

Olympic Sotheby's Int'l Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2300544

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1970

Lot Details

  • 6,781 Sq Ft Lot
  • Open Space
  • Street terminates at a dead end
  • Secluded Lot
  • Corner Lot
  • 9008470020,9008470030,9008470040,9008470050,9008470060

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Engineered Wood Flooring
  • Territorial Views

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 6 Bathrooms

Parking

  • 12 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Steilacoom High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Steilacoom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9008470010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,920

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1970
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 202

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 16
  • Fireplace: No
  • Flooring: Engineered Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Dead End Street, Open Space, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • WaterSewerGarbage: 8400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Steilacoom Historica
  • High School: Steilacoom High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9008470010
  • Lot Size Acres: 0.1557
  • Lot Size Sq Ft: 6781
  • Additional Parcels Description: 9008470020,9008470030,9008470040,9008470050,9008470060
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 12850

Multi Family

  • Gross Scheduled Income: 130500
  • Net Operating Income: 95812
  • Number Of Units Total: 6
  • Insurance Expense: 6368
  • Leasable Area: 5472
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1920

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,920 $269,100 $190,100 $79,000
2023 $1,920 $222,000 $157,900 $64,100
2022 $1,905 $225,800 $162,600 $63,200
2021 $1,923 $177,700 $116,100 $61,600
2019 $1,335 $163,500 $107,800 $55,700
2018 $1,406 $119,800 $30,800 $89,000
2017 $1,196 $110,000 $26,100 $83,900
2016 $875 $95,700 $21,400 $74,300
2014 $900 $67,700 $19,300 $48,400
2013 $900 $67,200 $18,800 $48,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $1,800,000 -10.0% --
10/11/2024 10/11/24 For Sale $1,999,999 +48.1% --
12/30/2021 12/30/21 Sold $1,350,000 -9.9% $1,480 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $1,499,000 0.0% $1,644 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/02/2021 11/02/21 Price Changed $1,499,000 0.0% $1,644 / Sq Ft
11/02/2021 11/02/21 For Sale $1,499,000 -6.3% $1,644 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $1,599,000 -- $1,753 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Accommodation
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2300544

Northwest Multiple Listing Service (NWMLS)

APN: 900847-0010