520 Peterson Street South Roy, WA 98580

$1,250,000
4
Beds
1.5
Baths
15.27
Acres
2,079
SQFT
601
$/SQFT
$1,250,000
4
Beds
1.5
Baths
2,079   sf
$601 / sf
Favorite

active
1/40
Street View

Great opportunity! 15.27 acres in Town of Roy with 3 homes. Main home is 4 bedroom 2.5 bath 2079 sq ft. 2nd Home built in 1956 is about 960 sq ft. 3rd home built in 1910 is about 1264+/- sq ft. Current rental homes producing rental income of about $2,500 per month. Property is zoned R-2 Multi Family Residential by the City of Roy. This property is a once in a lifetime opportunity to own a piece of Roy history! Many, many options to hold for future development or make your current residence. This can be your slice of heaven as you relax on the back patio of the main home and enjoy the country scenery. If you're an investor, this is an opportunity to shape the future of this Town in the path of growth. It's also close to the Roy gate to JBLM.

Great opportunity! 15.27 acres in Town of Roy with 3 homes. Main home is 4 bedroom 2.5 bath 2079 sq ft. 2nd Home built in 1956 is about 960 sq ft. 3rd home built in 1910 is about 1264+/- sq ft. Current rental homes producing rental income of about $2,500 per month. Property is zoned R-2 Multi Family Residential by the City of Roy. This property is a once in a lifetime opportunity to own a piece of Roy history! Many, many options to hold for future development or make your current residence. This can be your slice of heaven as you relax on the back patio of the main home and enjoy the country scenery. If you're an investor, this is an opportunity to shape the future of this Town in the path of growth. It's also close to the Roy gate to JBLM.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Pierce
  • Area
    119 - Roy/McKenna
  • Tax Amount
    $10,905
  • Status
    Active
  • Listing #
    2197443
  • Built
    1976
  • Lot Size
    15.27
  • Listed on site
    478 days

Listed by:
Better Homes and Gardens RE PC

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-06-07 23:36:41. DMCA
Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • Has garage
  • No Pool

Interior Features

  • Fire Place
  • Master Downstairs
  • Walk-In Closet

Property History

DateDays AgoEventNew Price
Oct 2, 20248 mos agoPrice decreased140,000 (10%)$1,250,000
May 8, 20241 yr agoPrice decreased105,000 (7%)$1,390,000
Feb 15, 20241 yr agoNew on market$1,495,000
Favorite

Tour This Home

Sat
07Jun
Sun
08Jun
Mon
09Jun
Tue
10Jun
Wed
11Jun
Thu
12Jun
Fri
13Jun
Sat
14Jun
Sun
15Jun
Mon
16Jun
Tue
17Jun
Wed
18Jun
Thu
19Jun
Fri
20Jun
in Person
via Video Call