400 9th Street, Raymond, WA 98577

Local realty services provided by:Imagine Realty ERA Powered
Listed by:amanda rainey
Office:real broker llc.
MLS#:2390326
Source:NWMLS
400 9th Street,Raymond, WA 98577
$500,000
  • - Beds
  • - Baths
  • 8,016 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$500,000
  • Price per sq. ft.:$62.38

About this home

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.

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Home facts

  • Year built:1959
  • Listing ID #:2390326
  • Updated:September 16, 2025 at 07:43 PM

Rooms and interior

  • Living area:8,016 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1959
  • Building area:8,016 sq. ft.
  • Lot area:0.27 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$62.38
  • Tax amount:$1,908 (2025)
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