Listed by Real Broker LLC
$552,300

526 May St Raymond, WA 98577

Estimated payment $3,204/month

Total Views 698
10 Beds
6 Baths
5,994 Sq Ft
$92 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Wood Siding
  • Corner Lot
  • High Speed Internet

About This Home

Uncover the potential in this rare, historic 7-unit multi-family property in the heart of downtown Raymond. Overflowing with period charm—from oak floors & French doors to classic architecture—this solidly built building features 6,800?sq?ft of living space, nine meters, coin-op laundry, possibility of an 8th unit. Situated on a full basement & strong foundation, recent structural updates to porches set the stage for cosmetic renovations: energy-saving window upgrades, refreshed roofing, new siding, & flooring refinishes offer tremendous upside. Currently 4 of 7 units rented, this is an ideal acquisition for value-add investors, owner-occupiers, or historic property enthusiasts. Don’t miss your chance to bring this property back to life!

Listing Agent

Amanda Rainey

Real Broker LLC License #114248 Listed on: 07/10/2025

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2398589

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot
  • Street terminates at a dead end
  • Corner Lot

Home Design

  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 5,994 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Deck

Schools

  • Raymond Elementary School
  • Raymond Home Link Sc Middle School
  • Raymond Home Link Sc High School

Utilities

  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverview Condos
  • Raymond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 72054012001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,406

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1961
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Riverview
  • New Construction: No
  • CalculatedSquareFootage: 5994
  • Special Features: None
  • Cumulative Days on Market: 21

Interior Features

  • Total Bedrooms: 10
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition, Torch Down
  • Lot Features: Corner Lot, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block, Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • PowerCompany: Pacific County PUD
  • SewerCompany: Raymond
  • WaterCompany: Raymond
  • WaterSewerGarbage: 5000

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Raymond
  • High School: Raymond Home Link Sc
  • Middle Or Junior School: Raymond Home Link Sc

Lot Info

  • Parcel Number: 72054012001
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • GrossRentMultiplier: 0.53
  • LeasedItems: None
  • TotalMonthlyIncome: 8750

Multi Family

  • Gross Scheduled Income: 105000
  • Net Operating Income: 85344
  • Number Of Units Total: 6
  • Electric Expense: 5000
  • Insurance Expense: 2000
  • Leasable Area: 5994
  • EnergySource: Electric,Oil
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2406

MLS Schools

  • Elementary School: Raymond Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 For Sale $552,300 0.0% $92 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $552,300 +334.9% $92 / Sq Ft
12/30/2015 12/30/15 Sold $127,000 -49.2% --
12/16/2015 12/16/15 Pending -- -- --
05/08/2012 05/08/12 For Sale $249,900 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2398589

Northwest Multiple Listing Service (NWMLS)