Active
  • Listed by: 

    Amanda Rainey,

    Real Broker LLC

    Price cut: $100K (7/3)
    $599,999

    400 9th Street, Raymond, WA 98577

    --beds
    --baths
    8,016sqft
    : 
    Multi Family
    Built in 1959
    -- sqft lot
    $582,900 Zestimate®
    $75/sqft
    $-- HOA

    What's special

    On-site laundry
    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.
    61 days
    on Zillow
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