Great investment opportunity in a prime Auburn location! This fully remodeled (down to the studs in 2016) duplex offers two spacious units, each with 2 bedrooms, 1 bath, and 1,020 sq. ft. of living space. Features include large living areas, washer/dryer hookups, individual garages, and fenced yards for privacy. One unit already has a long-term tenant, and there's potential to raise the rent to market rate, achieving a cap rate of 6%. Located in the heart of Auburn, close to schools and all amenities this vibrant city offers. Perfect for investors seeking consistent rental income or anyone desiring multi-generational living. Don’t miss out on this rare chance to own a quality, income-producing property!
Sold
Listed by: Keller Williams Rlty Bellevue • Qi Wang
Bought with: Skyline Properties, Inc.
$660,000
2217 M Street NE #A&B, Auburn, WA 98002
4beds
2baths
2,040sqft
Multi Family
Built in 1968
-- sqft lot
$645,600 Zestimate®
$324/sqft
$2,199 Estimated rent
Home value
$645,600
$600,000 - $697,000
$2,199/mo
Zestimate® history
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$3,976/mo
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Zillow last checked:
Listing updated:
Listed by:
Qi Wang,
Keller Williams Rlty Bellevue
Bought with:
Renee Hung, 131288
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2295812
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,040
- Total interior livable area: 2,040 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 6,499 Square Feet
- Features: Curbs, Secluded, Sidewalk, Fenced-Fully, High Speed Internet, Patio
Details
- Parcel number: 2891700060
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1968
- Major remodel year: 2016
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Auburn
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $623,000
- Annual tax amount: $6,820
- Date on market: 11/30/2024
- Cumulative days on market: 482 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2024 | Sold | $660,000-1.5%$324/sqft |
Source:  NWMLS as distributed by MLS GRID #2295812 Report a problem | ||
| 10/30/2024 | Pending sale | $670,000$328/sqft |
Source: NWMLS as distributed by MLS GRID #2295812 Report a problem | ||
| 10/26/2024 | Price change | $670,000-1.5%$328/sqft |
Source: NWMLS as distributed by MLS GRID #2295812 Report a problem | ||
| 9/27/2024 | Listed for sale | $680,000+65.9%$333/sqft |
Source: NWMLS as distributed by MLS GRID #2295812 Report a problem | ||
| 10/20/2018 | Listing removed | $1,595$1/sqft |
Source: Hometown Advisor Real Estate Report a problem | ||
| 10/7/2018 | Listed for rent | $1,595$1/sqft |
Source: Hometown Advisor Real Estate Report a problem | ||
| 10/3/2018 | Sold | $410,000+30.2%$201/sqft |
Source: NWMLS as distributed by MLS GRID #1351053 Report a problem | ||
| 8/30/2016 | Sold | $315,000+173.1%$154/sqft |
Source: Public Record Report a problem | ||
| 4/29/1994 | Sold | $115,350$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,901 +2.8% | $623,000 -3.6% |
| 2024 | $7,682 +9.3% | $646,000 +13.7% |
| 2023 | $7,030 +3.1% | $568,000 -4.2% |
| 2022 | $6,821 +8.3% | $593,000 +25.9% |
| 2021 | $6,300 +3.8% | $471,000 +9.8% |
| 2020 | $6,067 +10.1% | $429,000 +10.6% |
| 2019 | $5,510 -7.9% | $388,000 -20% |
| 2018 | $5,985 -12.8% | $485,000 +9.5% |
| 2017 | $6,862 +80.8% | $443,000 +40.6% |
| 2016 | $3,796 | $315,000 +22.6% |
| 2015 | $3,796 | $257,000 +4.5% |
| 2014 | $3,796 | $246,000 +30.9% |
| 2013 | $3,796 | $188,000 +19% |
| 2012 | -- | $158,000 -15.5% |
| 2011 | -- | $187,000 -14.6% |
| 2010 | -- | $219,000 |
| 2009 | -- | $219,000 -4.4% |
| 2007 | -- | $229,000 +18.7% |
| 2006 | -- | $193,000 +6.6% |
| 2005 | -- | $181,000 +43.7% |
| 2001 | $1,787 +0.8% | $126,000 +5.9% |
| 2000 | $1,772 | $119,000 |
Find assessor info on the county website
Neighborhood: 98002
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Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 3/10Cascade Middle SchoolGrades: 6-8Distance: 0.1 mi
- 4/10Auburn Mountainview High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Washington Elementary
- Middle: Cascade Mid
- High: Mountainview High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$645,600
Get a cash offer in 3 minutes
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Estimated market value
$645,600
- Washington
- King County
- Auburn
- 98002
- 2217 M Street NE Unit A&B
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