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Listing courtesy of NWMLS / Best Choice Realty LLC

214 N Lyle Street

Roy, WA 98580

– beds
– baths
4,970 sqft
~1 acre lot
$95 per sqft
1930 build

Great investment opportunity. High rental demand due to proximity to JBLM! Plenty of parking, large spacious 1.3 ac lot, building on the hill under remodeling with plans for 4 units, 10 beds and 5.5 baths and access from both street. Buyer will need to have the permit reinstated with the city that is eager to see this remodeling completed. A new 10-bedroom septic is needed. See unit descriptions for details. Financial are pro-format estimated expenses and Pierce County Housing Authority rents approved for units of this size. Sold AS-IS. Short Sale, needs lender approval. Remodeling status is Rough framing of new floorplan complete, plumbing and electrical started. Floorplan is in the construction permit in the supplements.

Listing courtesy of NWMLS / Best Choice Realty LLC

Last checked: Checking… • Last updated Jan 16, 2025 •

MLS# 2321420 —

The Building

Year Built:

1930
New Construction:

true
New Construction:

Under Construction
Estimated Completion Date:

2025-08-01
Structure Type:

Quadruplex
Exterior Features:

Wood, Wood Products
Roof:

Composition
Units In Building Total:

4
Foundation Details:

Poured Concrete, Slab
# of Units Total:

4
Stories Total:

2
Building Area Total:

4970
Building Area Units:

Square Feet
Calculated SqFt:

4970
SqFt Source:

Construction permit

Interior

Flooring:

See Remarks
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.004745
Longitude:

-122.539758
Directions:

SR507 to Roy, turn to Lyle St south, the house is 2 blocks down on the left up the hill. Can access from Lyle St or Academy St.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Under Construction
Parcel Number:

0218343026
Lot Features:

Corner Lot, Dead End Street, Paved, Secluded
Lot Size Units:

Square Feet
Lot Size Acres:

1.3223
Lot Size SqFt:

57600
Lot Size Source:

Realist
Zoning Class:

Multi-Family
Zoning Jurisdiction:

City
View:

Territorial
View:

true
Waterfront:

false
Possible Use:

Multi-Family
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

7500

Beds

Bedrooms Possible:

10

The Listing

Special Listing Conditions:

Short Sale

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Other – See Remarks
Heating:

Other – See Remarks

Utilities

Water Company:

City Of Roy
Water Source:

Public
Sewer:

Septic Tank
Sewer Company:

Septic
Power Company:

Pse
Water Sewer Garbage:

1500

Schools

Elementary School:

Roy Elem
Middle Or Junior School:

Cougar Mountain JH
High School:

Bethel High
High School District:

Bethel

The Community

Subdivision Name:

Roy
Senior Community:

false
Association:

false

Parking

Parking Total:

10
Parking Uncovered Spaces:

10
Parking Features:

RV Parking
Open Parking:

true
Open Parking Spaces:

10
Carport:

false

Listing courtesy of NWMLS / Best Choice Realty LLC

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sat Jan 18 2025 01:52 AM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Sale history

Date	Event	Source	Price	% Change
1/13/25 Jan 13, 2025	Listed / Active	NWMLS	$475,000

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This multifamily located in Roy, WA 98580 is currently for sale for $475,000. 214 N Lyle Street is a 4,970 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Roy Elementary School, Bethel High School, and Cougar Mountain Middle School.

Listing courtesy of NWMLS / Best Choice Realty LLC

Disclaimer: The information contained in this listing has not been verified by Best Choice Realty LLC and should be verified by the buyer.