400 9th Street

Raymond, WA 98577

  • Bed

  • Bath

  • 8016 SqFt

  • 31 DOM

  • Built: 1959

  • Status: Active

$599,999

X

400 9th Street

Raymond 98577

$599999

  • Bed

  • Bath

  • 8016 SqFt

  • 31 DOM

  • Built: 1959

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 8016

  • Flat

  • 56 - 10+ Units

  • 1959

  • Coin Op Laundry

Features and Utilities

  • Wood

  • Sewer Connected

  • 0

Financial

  • 1908

  • Cash Out, Conventional

  • 06-10-2025

Comparable Information

  • 31

  • 31

  • Cash Out, Conventional

  • $749,999

  • $749,999

  • Aug 09, 2025 23:09

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of Real Broker LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Aug 10, 2025 06:02 | Listing last modified Aug 09, 2025 23:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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