Listed by Josh Abbey, Abbey Realty Inc
- 4,410
- Square feet
- $215
- Per sq ft
- Multi Family
- Type
- 1967
- Year built
- 51,401 sq ft
- Lot
- 90
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Roy/McKenna area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2555926
- Listed
- July 16, 2026
- Days on market
- 90
- Price per sq ft
- $215
Unit & building
- Stories in building
- 1
- Units in building
- 6
Parking
- Parking
- RV Parking
- Total spaces
- 12
Views
- View
- Territorial
Construction
- Year built
- 1967
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- BaseboardWall Furnace
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- LaminateVinylCarpet
Lot
- Lot features
- Dead End StreetOpen Space
- Lot size
- 51,401 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Well
- Sewer
- Septic
- Power
- Pugest Sound Energy
Schools
- District
- Yelm
- Elementary
- Mckenna Elem
- Middle
- Yelm Mid
- High
- Yelm High12
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- RV Parking
- Territorial
- Multi Family
- Composition
- Baseboard
- Wall Furnace
- None
- Electric
- Laminate
- Vinyl
- Carpet
- Dead End Street
Listing history
Listed
$950,000
July 16, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$5,532
- Principal & interest
- $4,804
- Property tax (est.)
- $728
Assumes $190,000 down (20%), a $760,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
$1,124,950
2510 Cascade Drive E
Roy, WA
$979,000
9609 346th Street S
Roy, WA
$945,000
3010 342nd Street Ct S
Roy, WA
$665,000
35917 16th Avenue Ct S
Roy, WA
$1,150,000
816 304th Street S
Roy, WA
$835,000
29010 27th Avenue S
Roy, WA
Based on information submitted to the MLS GRID as of October 14, 2026 at 10:30 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.