400 9th Street Raymond, WA 98577
400 9th Street
Raymond, WA 98577
$599,999
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Investor Alert! Incredible value-add opportunity in the heart of Raymond! This 10-unit multi-family complex (6× 2BR/1BA + 4× 1BR/1BA) offers nearly 7,920?sq?ft of rental space across two parcels totaling 0.27 acres, including a vacant lot with expansion potential. Currently 7 of 10 units are tenant-occupied, providing immediate income with room to increase cash flow through renovations and lease-up. Features include on-site laundry, solid rental history, and proximity to schools, parks, and town amenities. Seller is open to bundling with additional multi-family properties, making this a fantastic portfolio-building opportunity.
Property Features
Community: Raymond
10+ Units
Exterior: Wood
Roof: Flat
Year Built: 1959
2025 Taxes: $1908.00
Buyer Broker Compensation: 1.5%
Listing #: 2390326
Lot Details
Lot Size: 0.27 acres
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 2
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Coin Op Laundry
Schools
District: Raymond
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere
What's Near 400 9th Street Raymond, WA 98577?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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