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9414 357th Street S Roy, WA $ 2,750,000
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$ 2,750,000 Get more info
9414 357th Street S
$ 2,750,000
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9414 357th Street S

Roy, WA, 98558
$ 2,750,000
Baths0.0 Sq 24,568

Monthly Estimate*

$ 17,156

Listed by COMPASS
9414 357th Street S, Roy, WA 98558 - Image 1
9414 357th Street S, Roy, WA 98558 - Image 2
9414 357th Street S, Roy, WA 98558 - Image 3
9414 357th Street S, Roy, WA 98558 - Image 4
9414 357th Street S, Roy, WA 98558 - Image 5
Studio

Multi-Family Home for sale in Roy, WA

for $2,750,000. This 24,568 square foot home was built in 1930 on a lot size of 1.11.

Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth. Unoccupied wings offer addl income streams, presenting a compelling opportunity for future development. Whether you decide to continue its current use or capitalize on new opportunities, this property provides outstanding return potential & a strong foundation for long-term growth. Rarely does a property with this scale & flexibility become available!

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Multi-Family Pending

Price

$ 2,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,347

Style

10+ Units

Lot Size

1.11

Year Built

1930

Town/City

Roy

County/Region

Pierce

MLS | Web ID

2341860
Features
General
Living Area 0
Sewer Septic Tank
Heating Radiant
Cooling None
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1930
Property Subtype Multi Family
Tax Year 2024
Waterfront Features River
County Pierce
Net Operating Income 228268
Insurance Expense 19466.92
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Roy
Possible Use Commercial Industrial Multi-Family Residential
Special Listing Conditions None
Status Pending
Directions From WA-507 turn right onto 357th St S - property will be on the left
City Roy
Senior Community Y/N N
High School District Yelm
Zoning Description Commercial Industrial-Light Multi-Family Residential
Open Parking Spaces 0
Number Of Units Total 1
MLS Area 119 - Roy/McKenna
Lot Size Units Square Feet
Lot Size Square Feet 48352
Carport Spaces 0
Carport Y/N N
Listing Terms See Remarks
Tax Annual Amount 14347.58
Electric Expense 26296.81
Fuel Expense 26296.81
Property Condition Good
Public Remarks Discover a prime investment in Roy with this versatile 24 568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228 268 NOI at current occupancy this proper
Leasable Area 24568
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Clubhouse Coin Op Laundry Elevator See Remarks Storage
Water Company City of Roy
Units Below Grade false
Water Sewer Garbage 9243.98
Property Style 56 - 10+ Units
Cap Rate 8.3
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Corner Lot Paved
Water Source Public
Total Parking 20
Foundation Details Poured Concrete
Building Area Total 24568
Lot Dimensions 236x241x238x227
Lot Size Acres 1.11
Waterfront Y/N Y
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Flooring Vinyl
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2341860
Street Number 1 9414
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* Excluded Features
List By
Lisa Le

Listing Agent

Compass

Broker

Affordability Calculator

$18,352
Per Month
93%
7%
0%
Monthly Principal & Interest
$17,156
Monthly Property Taxes
$1,196
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257695 Elementary School
257851 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/7/2025$2,750,000 Listed Price

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9414 357th Street S, Roy, WA, 98558 is a Multi-Family Home for sale at $2,750,000 with 24,568 sqft and a lot size of 1.11. 9414 357th Street S is a studio with 0.0 baths and was built in 1930. The property's zip code is 98558 which is in Roy, WA

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