- – beds
- – baths
- 8,016 sqft
- 11,761 sqft lot
- $93 per sqft
- 1959 build
Investor Alert! Incredible value-add opportunity in the heart of Raymond! This 10-unit multi-family complex (6Ă— 2BR/1BA + 4Ă— 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.
Last checked:
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Last updated Jun 17, 2025
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MLS# 2390326 —
The Building
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Year Built:1959
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New Construction:false
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Building Name:Raymond 2nd Add
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Structure Type:Multi Family
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Roof:Flat
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Exterior Features:Wood
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Units In Building Total:10
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# of Units Total:2
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Stories Total:2
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Building Area Total:8016
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Building Area Units:Square Feet
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Calculated SqFt:8016
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SqFt Source:Realist
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Construction Materials:Wood
Interior
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Fireplace:false
Financial & Terms
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Possession:Subject to Tenant Rights
Location
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Latitude:46.687008
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Longitude:-123.7265
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Directions:From South Bend. North Hwy 101 to Commercial Street. Turn right. Follow to property on corner of Ninth and Commercial.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Parcel Number:72042009007
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Lot Features:Corner Lot, Curbs, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.27
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Lot Size SqFt:11761
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Lot Size Source:Realist
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Zoning Description:Multi-Family
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View:false
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (855) 450-0442
- Office phone:
- (855) 450-0442
Taxes
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Tax Year:2025
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Tax Annual Amount:1908
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard
Utilities
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Water Company:City Of Raymond
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Sewer:Sewer Connected
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Sewer Company:City Of Raymond
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Power Company:Pacific County Pud
Schools
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Elementary School:Buyer To Verify
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Middle Or Junior School:Buyer To Verify
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High School:Buyer To Verify
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High School District:Raymond
The Community
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Subdivision Name:Raymond
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Amenities:Coin Op Laundry
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Senior Community:false
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Association:false
Parking
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Open Parking:false
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Carport:false
Listing courtesy of NWMLS / Real Broker LLC
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/10/25
Jun 10, 2025
|
Listed / Active | NWMLS | $749,999 | 650.0% (68.8% / YR) |
12/30/15
Dec 30, 2015
|
NWMLS | $100,000 |