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400 9th Street, 
Raymond, WA 98577

$749,999


Bed


Bath


8,016

Sq Ft


Multi-Family

Active

Listed by

Amanda Rainey

Real Broker LLC.

Last updated:

June 10, 2025, 11:56 PM

MLS#

2390326

Source:

NWMLS

About This Home

400 9th Street

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.

Home Facts

Multi-Family

Built in 1959

Price Summary

749,999

$93 per Sq. Ft.

MLS #:

2390326

Last Updated:

June 10, 2025, 11:56 PM


Rooms & Interior

Interior

Living Area:

8,016 Sq. Ft.


Structure

Structure

Building Area:

8,016 Sq. Ft.

Year Built:

1959


Lot

Lot Size (Sq. Ft):

11,761


Finances & Disclosures

Finances

Price:

$749,999

Price per Sq. Ft:

$93 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 14, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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