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    Residential Income

    Steilacoom, WA Residential Income Properties for Sale

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    Remodeled Multifamily Property Near Beach
    Updated: Nov 1, 2025
    Remodeled Multifamily Property Near Beach

    814 5TH Street, Steilacoom, WA 98388

    $1,875,000
    5,312 sqft
    7 Blocks to the Beach
    Remodeled
    High Demand Units
    View details
    See what stands out in Pierce County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Steilacoom, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Duplex Portfolio
    Four-Unit Duplex Portfolio

    5208 63RD, University Place, WA 98467

    $1,200,000
    3,984 sqft

    Two duplexes on separate parcels offer four units with in-unit laundry, garages, and wood-burning fireplaces.

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    Two-Duplex Multifamily Property
    Two-Duplex Multifamily Property

    5208 63rd Avenue Ct W, University Place, WA 98467

    $1,200,000

    Four residential units are arranged across two separate parcels in a semi-private dead-end road setting.

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    42-Unit Apartment Community
    42-Unit Apartment Community

    10701-10702 109th Street SW, Lakewood, WA 98498

    Contact for pricing
    39,340 sqft 3.00 AC lot

    Forty-two unit apartment community with 1-, 2-, and 3-bedroom layouts on 3+ acres.

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    Detached Duplex With Two Homes
    Detached Duplex With Two Homes

    8605 Maple Street SW, Lakewood, WA 98498

    $479,000

    Two separate residences occupy one parcel, with individual electric meters and immediate access to public transportation.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    South Tacoma Multifamily Development Opportunity
    South Tacoma Multifamily Development Opportunity

    6016 South Tyler Street, Tacoma, WA 98409

    $350,000
    2.81 AC lot

    2.81 acres for multifamily development in South Tacoma.

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    Multifamily Land in South Tacoma
    Multifamily Land in South Tacoma

    6016 S Tyler Street, Tacoma, WA 98409

    $350,000

    2.81 acres for multifamily development in Tacoma, WA.

    View details
    Tacoma Land Parcel For Sale
    Tacoma Land Parcel For Sale

    4014 Pacific Ave, Tacoma, WA 98418

    Contact for pricing
    94,000 sqft 0.22 AC lot

    Permit-ready land parcel in Tacoma, near I-5 and amenities.

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    Cleared Lot in Hilltop Neighborhood
    Cleared Lot in Hilltop Neighborhood

    1715 S Sheridan Avenue, Tacoma, WA 98405

    $249,000

    Vacant lot in Tacoma's Hilltop neighborhood, ready for development.

    View details

    Off-Market Properties in Steilacoom, WA

    Consider similar Off-Market properties in Steilacoom, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    624 40th St
    APARTMENT HOUSE (5+ UNITS)

    624 40th St, Steilacoom, WA 98388

    Estimated value:
    $295,000
    2,480 sqft 0.13 AC lot
    View details
    317 7th St
    APARTMENT HOUSE (5+ UNITS)

    317 7th St, Steilacoom, WA 98388

    Estimated value:
    $390,000
    3,360 sqft 0.24 AC lot
    View details
    1603 Washington St
    APARTMENT HOUSE (5+ UNITS)

    1603 Washington St, Steilacoom, WA 98388-3451

    Estimated value:
    $500,000
    4,032 sqft 0.27 AC lot
    View details
    86 Ira Lgt St
    APARTMENT HOUSE (5+ UNITS)

    86 Ira Lgt St, Steilacoom, WA 98388-1659

    Estimated value:
    $820,000
    5,728 sqft 3.30 AC lot
    View details
    2002 Lafayette St
    APARTMENT HOUSE (5+ UNITS)

    2002 Lafayette St, Steilacoom, WA 98388-1351

    Estimated value:
    $335,000
    2,396 sqft 0.44 AC lot
    View details
    2504 Woods Dr
    APARTMENT HOUSE (100+ UNITS)

    2504 Woods Dr, Steilacoom, WA 98388-4219

    Estimated value:
    $1,185,000
    7,200 sqft 6.43 AC lot
    View details
    121 Vw Rd, Unit 139
    APARTMENT HOUSE (5+ UNITS)

    121 Vw Rd, Steilacoom, WA 98388-2919

    Unit 139
    Estimated value:
    $890,000
    6,372 sqft 2.90 AC lot
    View details
    1403 Lafayette St
    APARTMENT HOUSE (5+ UNITS)

    1403 Lafayette St, Steilacoom, WA 98388-1340

    Estimated value:
    $935,000
    5,488 sqft 0.36 AC lot
    View details
    1602 Commercial St
    APARTMENT HOUSE (5+ UNITS)

    1602 Commercial St, Steilacoom, WA 98388-1341

    Estimated value:
    $775,000
    6,184 sqft 0.33 AC lot
    View details
    1414 Commercial St
    APARTMENT HOUSE (5+ UNITS)

    1414 Commercial St, Steilacoom, WA 98388-1354

    Estimated value:
    $605,000
    5,501 sqft 0.17 AC lot
    View details
    1815 Lafayette St
    APARTMENT HOUSE (5+ UNITS)

    1815 Lafayette St, Steilacoom, WA 98388-1353

    Estimated value:
    $305,000
    1,440 sqft 0.17 AC lot
    View details
    209th Rigney Rd
    APARTMENT HOUSE (5+ UNITS)

    209th Rigney Rd, Steilacoom, WA 98388

    Estimated value:
    $995,000
    5,896 sqft 0.52 AC lot
    View details
    97 Byrd Dr
    APARTMENT HOUSE (100+ UNITS)

    97 Byrd Dr, Steilacoom, WA 98388-1664

    Estimated value:
    $1,085,000
    6,296 sqft 14.13 AC lot
    View details

    Steilacoom, WA Residential Income Properties Market Trends and Statistics

    Explore 14 residential income properties for sale in Steilacoom, WA on our real estate platform. These investment opportunities span a total of 5,312 square feet of properties for sale, with an estimated market value of $1,875,000.

    Sale prices for residential income properties in Steilacoom, WA average $1,875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1

    Demographics Overview

    Population 7,054
    Population Growth (5Y) +6.3%
    Median Household Income $97,634
    College Educated 66.1%

    High-Yield Neighborhoods for Investment

    Identify Steilacoom submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98388 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 0.68%
    Property Tax per SF $2.20 per SF
    Tax Rate vs County Average 0.23 pp below county avg
    Average Loan-to-Value 65.0%

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