27207 Meridian E, Graham, WA 98338 (MLS # 2392109)
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Income-producing 38-acre farm with stunning Mt. Rainier views and seller financing available. The property is currently generating $188K annually with upside potential. Features 4 rented homes, a 2,880 SF commercial building, a shop, and 72 covered storage/parking stalls"”20 currently rented at $150/month each. Hay production generates an additional $26K/year, and two wells have recent pump upgrades. All structures are fully leased, providing strong cash flow from day one. A turnkey investment opportunity on level, scenic land.
| LAST UPDATED | 8/18/2025 | TRACT | Graham |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | Graham |
| GARAGE SPACES | 80.0 | COUNTY | Pierce |
| STATUS | Active | PROPERTY TYPE(S) | Farms/Ranch |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 122 - Graham |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Electric, Forced Air, Natural Gas |
| INTERIOR | Double Pane/Storm Window, Security System |
| LOT | 38.4199 acre(s) |
| LOT DESCRIPTION | Paved |
| MLS STATUS | Active |
| PARKING | Attached |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | 10 - 1 Story |
| SUBDIVISION | Graham |
| TAXES | 17291 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/23/25 10:19 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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