402 4th ST SE, Auburn, WA 98002
402 4th ST SE, Auburn, WA 98002
402 4th ST SE, Auburn, WA 98002
402 4th ST SE, Auburn, WA 98002
402 4th ST SE, Auburn, WA 98002
402 4th ST SE, Auburn, WA 98002
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Michael Green

Michael Green

+1(405) 227-5773
Listed by:KW Mountains to Sound Realty • Brian Manaois
$ 675,000
Est. payment | /mo

6 Beds

6 Baths

2,540 SqFt

Save
$ 675,000
Est. payment | /mo
Save

6 Beds

6 Baths

2,540 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $265

Subdivision Downtown - Auburn

MLS Listing ID 2578155

Style 52 - Duplex

Bedrooms 6

Year Built 1989

Annual Tax Amount $7,760

Lot Size 9,940 Sqft

Property Sub-Type Multi Family

New Construction No

Property Description

Rare Auburn duplex offering immediate income, recent improvements, and compelling upside in a low-inventory market. Unit A is currently rented at $2,200/month. Unit B has been completely rehabbed with fresh paint, new trim and flooring and is ready for occupancy at an estimated market rent of $2,300/month, creating the potential for $4,500/month in combined gross rent. Each spacious 1,270 SF unit features 3 bedrooms, 2.5 baths, a private garage, in-unit laundry, balcony, and private yard, offering the space and amenities tenants want. Situated on a desirable corner lot in a convenient, walkable community near shopping, dining, medical services, schools, public transportation, and everyday amenities, with quick commuter access to Highways 18 and 167. New roof and exterior paint completed in 2024 add to the property's appeal and reduce near-term capital expenditures. Ideal for an owner-occupant looking to live in one unit and rent the other, a first-time investor seeking a practical entry into real estate investing, or a seasoned buyer looking to add a strong-performing asset to a portfolio. With one unit producing income and the second freshly updated and positioned for market rent, this duplex offers flexibility, income potential, and a clear path to enhanced long-term value. Auburn duplex inventory can be difficult to replace, making this a compelling opportunity to secure a versatile property with both current income and future growth potential.

Location

State WA

County King

Area 310 - Auburn

Interior

Flooring Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Garage Spaces 2.0

Amenities Available Cable TV, Deck, Fenced-Partially, Patio

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Washington Elementary

Middle Schools Cascade Mid

High Schools Auburn Snr High

School District Auburn

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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402 4th ST SE

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