This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!
Active
Listed by: RE/MAX Elite • Zachary Hensrude
$900,000
2250 I Street NE, Auburn, WA 98002
8beds
4baths
3,000sqft
Quadruplex, Multi Family
Built in 1978
-- sqft lot
$870,900 Zestimate®
$300/sqft
$-- HOA
What's special
Assigned parkingCommunity coin-operated laundry room
- 139 days |
- 80 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Zachary Hensrude,
RE/MAX Elite
Source: NWMLS as distributed by MLS GRID,MLS#: 2486776
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 8
- Uncovered spaces: 8
Lot
- Size: 8,799 Square Feet
- Features: Cul-De-Sac, Paved, Sidewalk
Details
- Parcel number: 5125400455
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1978
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Auburn
- Water: Public, Company: City of Aubrun
Community & HOA
Community
- Subdivision: North East Auburn
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $726,000
- Annual tax amount: $8,616
- Date on market: 3/3/2026
- Cumulative days on market: 140 days
- Listing terms: Conventional
Estimated market value
$870,900
$827,000 - $914,000
$2,380/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Listed for sale | $900,000+56.5%$300/sqft |
Source:  NWMLS as distributed by MLS GRID #2486776 Report a problem | ||
| 12/20/2018 | Sold | $575,000+4.5%$192/sqft |
Source: NWMLS as distributed by MLS GRID #1388815 Report a problem | ||
| 11/27/2018 | Pending sale | $550,000+120%$183/sqft |
Source: RE/MAX KEYSTONE REALTY #1388815 Report a problem | ||
| 11/14/2002 | Sold | $250,000+56.3%$83/sqft |
Source: NWMLS as distributed by MLS GRID #22088675 Report a problem | ||
| 7/13/1995 | Sold | $160,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,167 +10.1% | $726,000 +3.7% |
| 2024 | $8,326 -6.2% | $700,000 -3% |
| 2023 | $8,873 +3.3% | $722,000 -4% |
| 2022 | $8,590 +4.9% | $752,000 +21.9% |
| 2021 | $8,187 +2.2% | $617,000 +8.1% |
| 2020 | $8,008 +14.5% | $571,000 +14.9% |
| 2019 | $6,992 +30.2% | $497,000 +16.1% |
| 2018 | $5,372 -10.4% | $428,000 +12.3% |
| 2017 | $5,993 +35.4% | $381,000 +10.1% |
| 2016 | $4,426 | $346,000 -9.2% |
| 2015 | $4,426 | $381,000 +32.3% |
| 2014 | $4,426 | $288,000 +6.7% |
| 2013 | $4,426 | $270,000 -11.2% |
| 2012 | -- | $304,000 +18.3% |
| 2011 | -- | $257,000 -28.6% |
| 2010 | -- | $360,000 |
| 2009 | -- | $360,000 +20.4% |
| 2007 | -- | $299,000 +21.1% |
| 2006 | -- | $247,000 |
| 2005 | -- | $247,000 +37.2% |
| 2001 | $2,550 -4.8% | $180,000 |
| 2000 | $2,678 | $180,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98002
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 3/10Cascade Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Auburn Mountainview High SchoolGrades: 9-12Distance: 2.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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