Auburn, WA 98002 402 4th Street SE
$699,950
13 more
Presented By: KW Mountains to Sound Realty and NWMLS
- MLS# 2393409
- 06/23/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,540
Home Details
Rare value-add duplex in Auburn with strong rental income and room to grow with upside potential. Unit A rents for $2,200/month; Unit B is under rented at $1,825/month & represents opportunity for increased cash flow & enhanced property value. Each spacious 3BR/2.5BA unit (1,270 sq ft) features a private yard, garage, laundry, and balcony. Located on a desirable corner lot in a walkable community near shopping, dining, medical, and transit w/ easy access to HWYs 18 & 167. Plus, new roof & paint in 2024. Whether you’re looking to house hack, live in one side and rent the other, or add a solid performer to your investment portfolio, this property is a compelling choice for both new & seasoned investors. Low inventory makes this a smart find.
Presented By: KW Mountains to Sound Realty and NWMLS
Interior Features for 402 4th Street SE
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 402 4th Street SE
Building Area UnitsSquare Feet
Building NameTheron Addition
Cap Rate5.47
Carport Spaces
Carport Y/NNo
CityAuburn
CoolingNone
CountyKing
DirectionsFrom Auburn Way South turn East on 4th St Se to duplex on the right OR from M St SE to West on 4th St Se to duplex on the left.
Electric Expense
Elementary SchoolWashington Elementary
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High SchoolAuburn Snr High
High School DistrictAuburn
Insurance Expense1688
Leasable Area2540
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet9940
Lot Size UnitsSquare Feet
MLS Area310 – Auburn
Middle/Junior High SchoolCascade Mid
ModificationTimestamp2025-08-26T23:13:11.830Z
NWM_ShowMapLinkY
Net Operating Income39165
New ConstructionNo
Number Of Units Total2
Open Parking Spaces4
PossessionClosing, Negotiable, Subject to Tenant Rights
Possible UseMulti-Family
Property ConditionGood
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksRare value-add duplex in Auburn with strong rental income and room to grow with upside potential. Unit A rents for $2, 200/month; Unit B is under rented at $1, 825/month & represents opportunity for in
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameDowntown – Auburn
Tax Annual Amount6088
Tax Year2024
Units Below Gradefalse
Units In Building Total2
Water CompanyCity of Auburn
Water Sewer Garbage0
Year Built1989
Zoning DescriptionMulti-Family
Exterior for 402 4th Street SE
Building Area Total2540
Covered Spaces2
Exterior AmenitiesWood, Wood Products
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Curbs, Paved, Sidewalk
Lot Number1
Lot Size Acres0.2282
Parking Uncovered Spaces4
Site FeaturesCable TV, Deck, Fenced-Partially, Patio
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Cascade Mid
High School
Auburn Snr High
Elementary School
Washington Elementary
Josh QA1
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