Well-maintained 4-Plex in Auburn. 7.48 Market Cap Rate. Unit 4 is currently occupied with great tenants, all other units have been remodeled and left vacant for viewing. This is a solid, turn-key investment property! Unit 4 remodeled in 2021, all other units remodeled in 2024. New appliances in all; shared coin-op onsite laundry for extra income; newer vinyl windows and exterior paint. All units are 2bed/1bath; 8 parking spaces. High-demand rental conveniently located near shopping, restaurants, and public transit.
Sold
Listed by: Heaton Dainard, LLC • Scott Badger
Bought with: Ballpark Realty
$1,040,000
2302 I Street NE, Auburn, WA 98002
8beds
4baths
3,124sqft
Multi Family
Built in 1978
-- sqft lot
$987,700 Zestimate®
$333/sqft
$2,395 Estimated rent
Home value
$987,700
$909,000 - $1.08M
$2,395/mo
Zestimate® history
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$6,265/mo
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New appliancesNewer vinyl windows
Zillow last checked:
Listing updated:
Listed by:
Scott Badger,
Heaton Dainard, LLC
Bought with:
Gerald L. Harrison, 115286
Ballpark Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2330913
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Radiant, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,124
- Total interior livable area: 3,124 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Patio & porch: Laminate Hardwood
Lot
- Size: 8,799 Square Feet
- Dimensions: 60 x 146
- Features: Curbs, Sidewalk
Details
- Parcel number: 5125400450
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1978
- Major remodel year: 2024
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: $333/sqft
- Tax assessed value: $762,000
- Annual tax amount: $9,095
- Date on market: 10/13/2024
- Cumulative days on market: 530 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2025 | Sold | $1,040,000-0.9%$333/sqft |
Source:  NWMLS as distributed by MLS GRID #2330913 Report a problem | ||
| 2/20/2025 | Pending sale | $1,049,000$336/sqft |
Source: NWMLS as distributed by MLS GRID #2330913 Report a problem | ||
| 2/10/2025 | Listed for sale | $1,049,000+23.4%$336/sqft |
Source: NWMLS as distributed by MLS GRID #2330913 Report a problem | ||
| 7/15/2021 | Sold | $850,000+9.7%$272/sqft |
Source: NWMLS as distributed by MLS GRID #1795955 Report a problem | ||
| 7/1/2021 | Pending sale | $775,000$248/sqft |
Source: NWMLS as distributed by MLS GRID #1795955 Report a problem | ||
| 6/24/2021 | Listed for sale | $775,000+49%$248/sqft |
Source: NWMLS as distributed by MLS GRID #1795955 Report a problem | ||
| 8/2/2017 | Sold | $520,000+5.1%$166/sqft |
Source: NWMLS as distributed by MLS GRID #1136369 Report a problem | ||
| 6/9/2017 | Pending sale | $495,000$158/sqft |
Source: John L Scott Real Estate #1136369 Report a problem | ||
| 6/2/2017 | Listed for sale | $495,000$158/sqft |
Source: John L Scott Real Estate #1136369 Report a problem | ||
| 2/24/2017 | Listing removed | $495,000$158/sqft |
Source: John L Scott Real Estate #1041590 Report a problem | ||
| 12/31/2016 | Pending sale | $495,000$158/sqft |
Source: John L Scott Real Estate #1041590 Report a problem | ||
| 12/23/2016 | Listed for sale | $495,000$158/sqft |
Source: John L Scott Real Estate #1041590 Report a problem | ||
| 12/16/2016 | Pending sale | $495,000$158/sqft |
Source: John L Scott Real Estate #1041590 Report a problem | ||
| 12/14/2016 | Listed for sale | $495,000$158/sqft |
Source: John L Scott Real Estate #1041590 Report a problem | ||
| 12/3/2016 | Pending sale | $495,000$158/sqft |
Source: John L Scott Real Estate #1041590 Report a problem | ||
| 10/14/2016 | Listed for sale | $495,000+32.5%$158/sqft |
Source: John L Scott Real Estate #1041590 Report a problem | ||
| 7/24/2015 | Sold | $373,500-0.4%$120/sqft |
Source: NWMLS as distributed by MLS GRID #759750 Report a problem | ||
| 5/13/2015 | Price change | $374,900+1.4%$120/sqft |
Source: Skyline Properties Inc #759750 Report a problem | ||
| 3/23/2015 | Listed for sale | $369,900+5.7%$118/sqft |
Source: Skyline Properties Inc #759750 Report a problem | ||
| 12/28/2014 | Listing removed | $350,000$112/sqft |
Source: Skyline Properties Inc #709128 Report a problem | ||
| 10/22/2014 | Listed for sale | $350,000+7.7%$112/sqft |
Source: Skyline Properties Inc #709128 Report a problem | ||
| 2/3/2010 | Listing removed | $324,950$104/sqft |
Source: Skyline Properties, Inc. - Kent #29151532 Report a problem | ||
| 11/1/2009 | Listed for sale | $324,950+121.8%$104/sqft |
Source: Skyline Properties, Inc. - Kent #29151532 Report a problem | ||
| 11/17/1994 | Sold | $146,500$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,594 +12.2% | $762,000 +5.8% |
| 2024 | $8,550 -6% | $720,000 -2.8% |
| 2023 | $9,095 -0.1% | $741,000 -7.3% |
| 2022 | $9,100 +11.1% | $799,000 +29.5% |
| 2021 | $8,187 +4.9% | $617,000 +11% |
| 2020 | $7,807 +4.2% | $556,000 +3.9% |
| 2019 | $7,494 +24.5% | $535,000 +10.5% |
| 2018 | $6,018 +1.2% | $484,000 +28% |
| 2017 | $5,949 +34.4% | $378,000 +6.8% |
| 2016 | $4,426 | $354,000 -7.1% |
| 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
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: 0.3 mi
- 4/10Auburn Mountainview High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$987,700
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Estimated market value
$987,700
- Washington
- King County
- Auburn
- 98002
- 2302 I Street NE
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