James & Angie Smith

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Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2341860MLS Provider

9414 357th Street SRoy, WA 98558

Multi-Family · 24,568 Sq. ft. | 1.11 Acres
$2,750,000 Pending

9414 357th Street S Overview

Visits:
13

Discover a prime investment in Roy with this versatile 24,568 SF campus currently functioning as a transitional housing facility. Generating a remarkable $228,268 NOI at current occupancy, this property delivers strong returns & holds substantial upside for increased profitability at full capacity. With opportunities for expansion or repurposing, the property is positioned for future growth. Unoccupied wings offer addl income streams, presenting a compelling opportunity for future development. Whether you decide to continue its current use or capitalize on new opportunities, this property provides outstanding return potential & a strong foundation for long-term growth. Rarely does a property with this scale & flexibility become available!

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9414 357th Street S Facts & Features

  • Type Multi-Family
  • Sq. ft. 24,568
  • Price/Sq.ft. $112
  • Lot 1.11 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Yelm

Income/Expenses

  • Other Expense: 29243.92
  • Electric Expense: 26296.81
  • Fuel Expense: 26296.81
  • Gross Scheduled Income: 884400
  • Insurance Expense: 19466.92
  • Net Operating Income: 228268
  • Total Expenses: 124896.02
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 9243.98

Building Information

  • New Construction: No
  • Year Built: 1930

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 119 - Roy/McKenna
  • Subdivision Name: Roy

Community/Development

  • Amenities: Clubhouse,Coin Op Laundry,Elevator,See Remarks,Storage

Tax Information

  • Tax Annual Amount: $14,347.58
  • Tax Year: 2024

General Information

  • Listing Terms: See Remarks
  • Parcel Number: 0217282038
  • Possible Use: Commercial,Industrial,Multi-Family,Residential
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 24568
  • Building Area Units: Square Feet
  • Calculated Square Footage: 24568
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 24568
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 0
  • Open Parking: No
  • Parking Total: 20
  • Parking Uncovered Spaces: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Paved
  • Lot Size Acres: 1.11
  • Lot Size Dimensions: 236x241x238x227
  • Lot Size Square Feet: 48352
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront Features: River
  • Waterfront: Yes

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 1
  • Sewer: Septic Tank

Unit Information

Unit 1 Details

  • Actual Rent: 0
  • Beds Total: 0
  • Baths Total: 0

9414 357th Street S Neighborhood

Community

98558 (McKenna) Demographics

82
Median Age
464
Population Density (per sq. mile)
36%
College Educated
$0
Estimated Median Income
Estimated Total Home Owners
Estimated Total Renters
0% / 0%
Estimated Owner / Renter Divide
0
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

9414 357th Street S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9414 357th Street S Market Data

Based on the last 30 days in this zip code

$528,750
Average List Price
$259
Average Price per Square Foot
0
Properties Sold
48
Average Days on Market
4
Properties for Sale
Calculations provided by Reliance Network

9414 357th Street S History

Date Event Value Agent
10/21/2025Source: NWMLS Status Change
Pending
10/20/2025Source: NWMLS Status Change
Pending
9/22/2025Source: NWMLS Status Change
Pending Feasibility
9/20/2025Source: NWMLS Status Change
Pending Feasibility
3/7/2025Source: NWMLS Added to Database
March 07, 2025
3/6/2025Source: NWMLS Added to Database
March 06, 2025