Sold

Listed by: HomeSmart Real Estate Assoc • Angela Wassmann

Bought with: John L. Scott, Inc.

$539,000

416 & 420 2nd St SE, Auburn, WA 98002

4beds

2baths

1,650sqft

Duplex, Multi Family

Built in 1958

-- sqft lot

$511,400 Zestimate^®

$327/sqft

$2,079 Estimated rent

Home value

$511,400

$470,000 - $557,000

$2,079/mo

Zestimate^® history

Owner options

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$2,079/mo

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$2,079/mo

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$3,313/mo

Est. payment

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$3,313/mo

Est. payment

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What's special

Covered parkingWasher and dryerCarpet in each unitSpacious living spaceStorage closetCorner lotTwo good sized bedrooms

Rare investment opportunity awaits to purchase a quality, income producing duplex in the heart of downtown Auburn. Each rambler style unit on this prime corner lot offers two good sized bedrooms, one full bathroom, spacious living space and is equipped with a washer and dryer. Good sized carport offers covered parking as well as a storage closet. Conveniently located near freeways, shopping, restaurants, schools, public transit if needed (or walk downtown) and so much more. Roof was replaced recently as well as carpet in each unit. Great opportunity for investors seeking consistent rental income, potential future house hacking, or multigenerational living. Potential for 6%+ cap rate in future if rent is market value.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air, Electric, Natural Gas, Wood

Cooling

None

Features

Flooring: Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 1,650
Total interior livable area: 1,650 sqft

Property

Parking

Total spaces: 2
Carport spaces: 2

Features

Patio & porch: Wall to Wall Carpet

Lot

Size: 5,706 Square Feet
Features: Corner Lot, Curbs, Paved, Sidewalk, Fenced-Partially, Gas Available

Details

Parcel number: 8699100390
Zoning description: Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Brick
Foundation: Poured Concrete
Roof: Composition

Condition

Good
Year built: 1958

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: $327/sqft
Annual tax amount: $5,360
Date on market: 3/13/2025
Cumulative days on market: 496 days
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
3/17/2025	Sold	$539,000-7.9%$327/sqft
Source: NWMLS as distributed by MLS GRID #2318437 Report a problem
2/7/2025	Pending sale	$585,000$355/sqft
Source: NWMLS as distributed by MLS GRID #2318437 Report a problem
1/2/2025	Listed for sale	$585,000$355/sqft
Source: NWMLS as distributed by MLS GRID #2318437 Report a problem