Prime Investment Opportunity: 6-Plex Cash Cow in Roy, WA! Discover steady income and exceptional value with this 6-unit apartment building features six 2-bedroom, 1-bathroom units on a generous ~1.19-acre lot. Tenants enjoy off-street parking, shared laundry, water/garbage inclusions, and easy maintenance. Roof replaced and re sheeted in 2017. Current rents hover in the $1,300-$1,375 range, with strong occupancy potential. -Proven Performer with Strong Returns -Annual Gross Income: Nearly $100,000 -Cap Rate: 8.4% - outstanding for the area -Reliable rental demand from military personnel. Why Investors Love This Asset -Stable Cash Flow: A true "cash cow" with predictable income and low vacancy risk. -Value-Add Potential: Acreage allows for additional parking, storage, or enhancements. -Appreciation Upside: Proximity to JBLM and regional growth supports long-term gains. -Simple Management: Compact 6-unit layout on one site. Perfect for hands-on investors or those expanding their portfolio with multi-family properties. This is a rare chance to own a performing asset in a military-driven market with built-in equity and strong yields.Don't miss this income-generating gem. Contact us today for details, financials, or a private showing.
| MLS # | 2555926 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 70 |
| Listing Provided By | Abbey Realty Inc | Josh Abbey |
| SQ Feet | 4,410 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Acreage | 1.18 |
| Property View | Yes |
| Property | 3967 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Roy |
| Zip Code | 98580 |
| Area | 119 Roy | McKenna |
| Community Name | Roy |
| School District | Yelm High12 |
| Elementary School | Mckenna Elem |
| High School | Yelm High12 |
| Listing VS Median (in Roy) | |
Price: $950,000 low | high Med: $632,000 sqft: 4,410 low | high Med: 1,970 $ / sqft: $215 low | high Med: $322 On site: 70 low | high Med: 142 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Roy |
| Zip Code | 98580 |
| Area | 119 Roy | McKenna |
| Community Name | Roy |
| School District | Yelm High12 |
| Elementary School | Mckenna Elem |
| High School | Yelm High12 |
| Listing VS Median (in Roy) | |
Price: $950,000 low | high Med: $632,000 sqft: 4,410 low | high Med: 1,970 $ / sqft: $215 low | high Med: $322 On site: 70 low | high Med: 142 | |
![]() | $1,295,0008703 342nd StreetRoy, WA 98580 |