400 9th St

Raymond, WA 98577
  • $599,999

    Price
  • 0

    Bed
  • Bath
  • 1,600

    SqFt

About the Listing 6529 - 125433

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.

Listing Highlights for 400 9th St

Status Active
Days on Site 88
Property Type Multi-Family
MLS ® 2390326
Year Built 1959
Total Square Footage 1,600
Lot/Acreage 0.27
County Pacific
Building Name Raymond 2nd Add
Neighborhood Raymond
School District Raymond

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Raymond

Exterior Details

  • Lot Description: Corner Lot,Curbs,Paved,Sidewalk,Zoning: Multi-Family
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: Multi-Family
  • Roof: Flat
  • Others: Wood
  • Sewer: City of Raymond

Financial Details

  • Tax Amount: $1,908
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 72042009007
  • Tax Year: 2025

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400 9th St Raymond, WA 98577

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Originating MLS: nwmls

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