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400 9th Street Raymond, WA $ 259,000
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400 9th Street
$ 259,000
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400 9th Street

Raymond, WA, 98577
$ 259,000
Baths0.0 Sq 8,016

Monthly Estimate*

$ 1,595

Listed by Real Broker LLC
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Studio

Multi-Family Home for sale in Raymond, WA

for $259,000. This 8,016 square foot home was built in 1959 on a lot size of 0.27.

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. Features on-site laundry, solid rental history, and proximity to schools, parks, and town amenities.

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Multi-Family Active

Price

$ 259,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,908

Style

10+ Units

Lot Size

0.27

Year Built

1959

Town/City

Raymond

County/Region

Pacific

MLS | Web ID

2479972
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject to Tenant Rights
Roof Flat
HOA Fee 0
Garage Spaces 0
Year Built 1959
Property Subtype Multi Family
Tax Year 2025
Building Name Raymond 2nd Add
County Pacific
Net Operating Income 53000
Insurance Expense 1500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Raymond
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From South Bend. North Hwy 101 to Commercial Street. Turn right. Follow to property on corner of Ninth and Commercial.
High School Buyer To Verify
City Raymond
Senior Community Y/N N
High School District Raymond
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 210 - Raymond
Lot Size Units Square Feet
Lot Size Square Feet 11761
Carport Spaces 0
Carport Y/N N
Listing Terms Cash
Elementary School Buyer To Verify
Tax Annual Amount 1908
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks 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 totali
Leasable Area 8016
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City of Raymond
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 0
Property Style 56 - 10+ Units
Cap Rate 7
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Curbs Paved Sidewalk
Building Area Total 8016
Lot Size Acres 0.27
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 8
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Interior
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 NWM2479972
Street Number 1 400
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* Excluded Features
List By
Amanda Rainey

Listing Agent

Real Broker Llc

Broker

Affordability Calculator

$1,754
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,595
Monthly Property Taxes
$159
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4193777 Elementary School
4193775 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/27/2026$259,000 -8.80% Price Down
2/26/2026$284,000 -5.33% Price Down
2/13/2026$299,999 Listed Price

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400 9th Street, Raymond, WA, 98577 is a Multi-Family Home for sale at $259,000 with 8,016 sqft and a lot size of 0.27. 400 9th Street is a studio with 0.0 baths and was built in 1959. The property's zip code is 98577 which is in Raymond, WA

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