2786 Old Military Road, Steilacoom, WA 98388
- $515,000
- 1,944
- SqFt
Listing courtesy of Puget Sound Homes Realty. Selling Office: Keller Williams Rlty Bellevue.
- Sold Price
- $515,000
- List Price
- $515,000
- Status
- SOLD
- MLS#
- 2431730
- Closing Date
- Oct 30, 2025
- Days on Market
- 153
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,944
- Area Total SqFt
- 1944
- Annual Tax Ammount
- 2359
- Lot Size (sq ft)
- 17,370
- Sewer
- Available
Property Description
Located in a nicely wooded area of Steilacoom, close to the town of Steilacoom and Lakewood. With parks, schools, and shopping .just minutes away. These units offer a spacious 972 square feet, two bedroom, a spacious kitchen with see through access to living room. Brick fireplace for added ambiance in the winter time. Washer and dryer in the unit. Forced air heat. One car garages. Rents are currently below market price. Great opportunit to live in one side and have your tenant pay most of the mortgage from your monthly rental income. Both units are in very good condition..
Additional Information
- List Date
- 2025-05-30 00:00:00
- Community
- Steilacoom
- Net Operating Income
- $29,000
- Gross Adjusted Income
- $35,400
- Gross Scheduled Income
- $35,400
- Total Monthly Income
- $2,950
- Gross Rent Multiplier
- 19
- Total Expenses
- $5,359
- Cap Rate
- 4.1
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 2786
- Potential Terms
- USDA Loan
- Year Built
- 1979
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 3000
- Energy Source
- Wood
- School District
- Steilacoom Historica
- Elementary School
- Cherrydale Elem
- Middle School
- Pioneer Mid
- High School
- Steilacoom High
- Total Monthly Income
- $2,950
- Gross Scheduled Income
- $35,400
- Vacancy Rate
- 3
- Gross Adjusted Income
- $35,400
- Tax Year
- 2024
- Total Expenses
- $5,359
- Net Operating Income
- $29,000
- Gross Rent Multiplier
- 19
- Cap Rate
- 4.1
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.