Excellent investment opportunity with a strong 7.5% CAP rate and $5,000 in monthly rental income, potential for immediate growth. Live in one unit & rent the other or acquire a solid investment property. This corner-lot, townhome-style duplex is ideally located with easy access to I-167 and nearby amenities. Each unit features 3 bedrooms (2 upstairs, 1 downstairs), with 1 full bath upstairs, a ½ bath downstairs, and a laundry room. Unit A boasts a master bedroom with an owner’s suite on the main floor, a newly designed open kitchen layout, and an upgraded electric panel. Each unit includes a flat, fully fenced yard with a front covered porch.
Sold
Listed by: Homes & Equity Real Estate Grp • Mo Abdi
Bought with: AgencyOne
$675,000
1203 22ND Street NE, Auburn, WA 98002
6beds
5baths
2,812sqft
Multi Family
Built in 1969
-- sqft lot
$635,900 Zestimate®
$240/sqft
$2,208 Estimated rent
Home value
$635,900
$579,000 - $693,000
$2,208/mo
Zestimate® history
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$4,104/mo
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Zillow last checked:
Listing updated:
Listed by:
Mo Abdi,
Homes & Equity Real Estate Grp
Bought with:
Andy Jauregui
AgencyOne
Source: NWMLS as distributed by MLS GRID,MLS#: 2321808
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,812
- Total interior livable area: 2,812 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Patio & porch: Laminate, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,512 Square Feet
- Features: Corner Lot, Curbs, Paved, Fenced-Fully
Details
- Parcel number: 2891700100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1969
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Auburn
- Water: Public, Company: City of Auburn
Community & HOA
Community
- Subdivision: Auburn
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $648,000
- Annual tax amount: $6,981
- Date on market: 2/9/2025
- Cumulative days on market: 411 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2025 | Sold | $675,000+22.7%$240/sqft |
Source:  NWMLS as distributed by MLS GRID #2321808 Report a problem | ||
| 10/7/2021 | Sold | $550,000$196/sqft |
Source: NWMLS as distributed by MLS GRID #1807216 Report a problem | ||
| 8/25/2021 | Pending sale | $550,000+19.6%$196/sqft |
Source: NWMLS as distributed by MLS GRID #1807216 Report a problem | ||
| 11/17/2017 | Listing removed | $459,900$164/sqft |
Source: Windermere Real Estate/South Sound, Inc. #1206330 Report a problem | ||
| 10/12/2017 | Listed for sale | $459,900+46%$164/sqft |
Source: Windermere Real Estate/South Sound, Inc. #1206330 Report a problem | ||
| 12/31/2009 | Listing removed | $315,000$112/sqft |
Source: Skyline Properties, Inc. - Bellevue #29148914 Report a problem | ||
| 11/24/2009 | Price change | $315,000-4.5%$112/sqft |
Source: Skyline Properties, Inc. - Bellevue #29148914 Report a problem | ||
| 10/24/2009 | Listed for sale | $330,000+150%$117/sqft |
Source: Skyline Properties, Inc. - Bellevue #29148914 Report a problem | ||
| 5/10/1999 | Sold | $132,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,225 +7.8% | $648,000 +1.4% |
| 2024 | $7,628 +9.3% | $639,000 +13.7% |
| 2023 | $6,981 +3% | $562,000 -4.3% |
| 2022 | $6,776 +8.4% | $587,000 +26% |
| 2021 | $6,254 +4% | $466,000 +9.9% |
| 2020 | $6,016 +10.1% | $424,000 +10.7% |
| 2019 | $5,466 +4.7% | $383,000 -8.2% |
| 2018 | $5,222 -9.2% | $417,000 +13.9% |
| 2017 | $5,751 +28% | $366,000 +10.9% |
| 2016 | $4,493 | $330,000 +7.5% |
| 2015 | $4,493 | $307,000 +4.4% |
| 2014 | $4,493 | $294,000 +30.7% |
| 2013 | $4,493 | $225,000 +33.1% |
| 2012 | -- | $169,000 -15.5% |
| 2011 | -- | $200,000 -14.9% |
| 2010 | -- | $235,000 |
| 2009 | -- | $235,000 -2.1% |
| 2007 | -- | $240,000 +18.8% |
| 2006 | -- | $202,000 +6.3% |
| 2005 | -- | $190,000 +33.8% |
| 2001 | $2,013 +0.9% | $142,000 +6% |
| 2000 | $1,995 | $134,000 |
Find assessor info on the county website
Neighborhood: 98002
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Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 3/10Cascade Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10Auburn Mountainview High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$635,900
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Estimated market value
$635,900
- Washington
- King County
- Auburn
- 98002
- 1203 22ND Street NE
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