400 9th Street

Raymond, WA 98577

  • Bed

  • Bath

  • 8016 SqFt

  • 22 DOM

  • Built: 1959

  • Status: Active

$599,999

X

400 9th Street

Raymond 98577

$599999

  • Bed

  • Bath

  • 8016 SqFt

  • 22 DOM

  • Built: 1959

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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.

Download our Mobile app

Similar Properties

Download our Mobile app

$515,000

  • 2 Bed

  • 1 Bath

  • 1764 SqFt

  • 5 DOM

  • 2001 Heckard Road, Raymond, 98577

$229,900

  • 2 Bed

  • 1 Bath

  • 1040 SqFt

  • 5 DOM

  • 2260 Michigan Avenue, Raymond, 98577

$299,500

  • 3 Bed

  • 1.5 Bath

  • 1351 SqFt

  • 10 DOM

  • 1203 Larch Street, Raymond, 98577

$39,000

  • Bed

  • Bath

  • 0 SqFt

  • 16 DOM

  • 1420 South Bend Rd, Raymond, 98577