#2359230, Melanie Seiler, Listing office: Keller Williams South Sound

400 9th St Raymond, WA 98577
Property details
About 400 9th St
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.
Highlights
Summary
- Exterior: Wood
- Heating: Baseboard
- Cooling: None
- List Price: $749,999
- Price/SqFt: $93
- HOA Amount: $0
- Annual Tax Amount: $1,715
- Tax Year: 2024
- Lot: Corner Lot, Curbs, Paved, Sidewalk
- Directions: From South Bend. North Hwy 101 to Commercial Street. Turn right. Follow to property on corner of Ninth and Commercial.
- Year Built: 1959
- Stories: 2
- Living Area: 8,016 SqFt
- Lot Size: 0.27 Acres
- MLS Number: 2390326
- MLS Name: NWMLS
- Office Name: Real Broker LLC
- Office Phone: (855) 450-0442
- Listing Agent: Amanda Rainey
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
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Last updated on: 6/13/2025, 9:32:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,999
400 9th St
$8,906
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 30, 2015 | Home Sold | $85,955 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $230,400 | $1,715 |
2023 | $170,600 | $1,387 |
2022 | $114,100 | $1,176 |
2021 | $99,200 | $1,112 |
2019 | $99,200 | $1,148 |
2018 | $99,200 | $1,081 |
2017 | $99,200 | $1,713 |
History based on county public records data.
Nearby schools
4
Raymond Elementary School
Public District PK-6
0.1 mi
•921 Commercial St
6
Willapa Elementary School
Public District PK-5
3.0 mi
•845 Willapa Fourth St
5
Mike Morris Elementary School
Public District PK-6
3.5 mi
•500 1st St E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,810. The most common annual income of people living in Raymond, WA is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 400 9th St
The listing price of 400 9th St property is $749,999.
The property 400 9th St is a house located in Raymond, Washington, 98577.
Active Listing: 400 9th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 400 9th St are: Raymond Elementary School (GreatSchools Rating 4/10), Willapa Elementary School (GreatSchools Rating 6/10), Mike Morris Elementary School (GreatSchools Rating 5/10), Miller Junior High School (GreatSchools Rating 2/10), Hoquiam Middle School (GreatSchools Rating 3/10), Elma Middle School (GreatSchools Rating 4/10), Raymond Jr Sr High School (GreatSchools Rating 3/10), South Bend High School (GreatSchools Rating 6/10), Willapa Valley Middle-High (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,715 (source: MLS/based on county public records data).
The last sale was on December 30, 2015 for $85,955 (source: MLS/tax record).
The property at 400 9th St has 0 bathroom.
The property 400 9th St is 8,016 SqFt (source: MLS/tax record).
The year of construction for 400 9th St is 1959.
This home is located at 400 9th St in Raymond, WA and zip code 98577. This 8,016 square foot home, which was built in 1959, sits on a 0.27 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $749,999.
In May 2025 more than 0 listings in Raymond, WA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. Between April and May 2025, Raymond, WA real estate market has seen increase in the number of listings by 6.3%. The median list price of listings available in May 2025 was $259,900, while the average time on the real estate market was 117 days.