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  • Listed by: KW Mountains to Sound Realty • Brian Manaois • 206-890-2585
    Bought with: Redfin
    $683,000

    402 4th Street SE, Auburn, WA 98002

    6beds
    6baths
    2,540sqft
    Duplex, Multi Family
    Built in 1989
    -- sqft lot
    $682,900 Zestimate®
    $269/sqft
    $2,424 Estimated rent

    Home value

    $682,900

    $635,000 - $738,000

    $2,424/mo

    Zestimate® history
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    What's special

    Private yardPrivate garageIn-unit laundryDesirable corner lotNew roof
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Manaois 206-890-2585 brian@dreamsdelivered.com,

    KW Mountains to Sound Realty

    Bought with:

    Billy Nghia Chi Lam, 126165

    Redfin

    Source: NWMLS as distributed by MLS GRID,MLS#: 2578155MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Wall Furnace, Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl, Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,540
    • Total interior livable area: 2,540 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 4
    Lot
    • Size: 9,940 Square Feet
    • Features: Corner Lot, Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, Patio
    Details
    • Parcel number: 8595700010
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Wood Siding, Wood Products
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Good
    • Year built: 1989
    • Major remodel year: 1989

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Auburn
    • Water: Public, Company: City of Auburn

    Community & HOA

    Community
    • Subdivision: Downtown - Auburn
    Location
    • Region: Auburn

    Financial & listing details

    • Price per square foot: $269/sqft
    • Tax assessed value: $599,000
    • Annual tax amount: $7,760
    • Date on market: 9/11/2026
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/6/2026Sold$683,000+1.2%$269/sqft
    Source: NWMLS as distributed by MLS GRID #2578155 Report a problem
    9/14/2026Pending sale$675,000$266/sqft
    Source: NWMLS as distributed by MLS GRID #2578155 Report a problem
    9/11/2026Listed for sale$675,000+237.5%$266/sqft
    Source: NWMLS as distributed by MLS GRID #2578155 Report a problem
    12/30/2011Sold$200,000-44.2%$79/sqft
    Source: NWMLS as distributed by MLS GRID #261933 Report a problem
    7/6/2006Sold$358,700+120.1%$141/sqft
    Source: NWMLS as distributed by MLS GRID #26085200 Report a problem
    5/5/1997Sold$163,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,660 +15.1%$599,000 +8.7%
    2024$6,656 +9.4%$551,000 +13.8%
    2023$6,084 +2.9%$484,000 -4.3%
    2022$5,910 +8.4%$506,000 +25.9%
    2021$5,453 +7%$402,000 +13.2%
    2020$5,098 +9.4%$355,000 +10.6%
    2019$4,661 -4%$321,000 -16.4%
    2018$4,855 -12.4%$384,000 +9.4%
    2017$5,543 +40.3%$351,000 +22.7%
    2016$3,951 $286,000 +7.5%
    2015$3,951 $266,000 +4.3%
    2014$3,951 $255,000 +30.8%
    2013$3,951 $195,000 +21.1%
    2012-- $161,000 -15.3%
    2011-- $190,000 -14.8%
    2010-- $223,000
    2009-- $223,000 -17.1%
    2007-- $269,000 +18.5%
    2006-- $227,000 +6.6%
    2005-- $213,000 +10.9%
    2001$2,720 +1%$192,000 +6.1%
    2000$2,692 $181,000
    Find assessor info on the county website

    Neighborhood: 98002

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington Elementary
    • Middle: Cascade Mid
    • High: Auburn Snr 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
    $682,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $682,900