Home / 400 9th Street, Raymond, WA 98577 (MLS # 2390326)

400 9th Street, Raymond, WA 98577 (MLS # 2390326)

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Listing provided courtesy of Northwest MLS; Real Broker LLC

PRICE $599,999 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 8,016 sqft
LOT SIZE 11,762 sqft
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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.

LAST UPDATED 8/9/2025 NEIGHBORHOOD Raymond
YEAR BUILT 1959 COMMUNITY Raymond
COUNTY Pacific STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify

PRICE HISTORY
Prior to Jun 25, '25 $749,999
Jun 25, '25 - Jul 2, '25 $699,999
Jul 2, '25 - Today $599,999


ADDITIONAL DETAILS
AIR None
AREA 210 - Raymond
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
LOT 0.27 acre(s)
LOT DESCRIPTION Corner Lot, Curbs, Paved, Sidewalk
MLS STATUS Active
STORIES 2
STYLE 56 - 10+ Units
SUBDIVISION Raymond
TAXES 1908
UTILITIES Sewer Connected
ZONING Multi-Family
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/11/25 3:33 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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