Auburn, WA 98002 507 L Street SE
$508,000
9 more
Presented By: John L. Scott, Inc and NWMLS
- MLS# 2434664
- 09/17/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 1,680
Home Details
Don’t miss this great investment opportunity in a quiet South Auburn neighborhood. The 509 unit has been beautifully renovated with fresh paint, new flooring, a brand-new refrigerator and dishwasher. The kitchen features updated cabinets, countertops, sink, and faucet. The second unit is occupied by a long-time tenant and is currently rented for $1,600/month, providing immediate rental income. The property also offers ample parking, including covered carport spaces. A fantastic opportunity for both investors and owner-occupants!
Presented By: John L. Scott, Inc and NWMLS
Interior Features for 507 L Street SE
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 507 L Street SE
Building Area UnitsSquare Feet
Cap Rate4.6
Carport Spaces
Carport Y/NNo
CityAuburn
CoolingNone
CountyKing
DirectionsUse GPS – once you arrive, go around the corner to the alley entrance. See the ‘sign.
Electric Expense
Elementary SchoolBuyer To Verify
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High SchoolAuburn Snr High
High School DistrictAuburn
Insurance Expense5010
Leasable Area1680
Listing TermsCash Out, Conventional
Lot Size Square Feet7663
Lot Size UnitsSquare Feet
MLS Area310 – Auburn
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-09-17T16:58:10.400Z
NWM_ShowMapLinkY
Net Operating Income25318
New ConstructionNo
Number Of Units Total2
Open Parking Spaces2
PossessionClosing
Property ConditionGood
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksDont miss this great investment opportunity in a quiet South Auburn neighborhood. The 509 unit has been beautifully renovated with fresh paint, new flooring, a brand-new refrigerator and dishwasher. Th
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameSouth Auburn
Tax Annual Amount5722
Tax Year2025
Units Below Gradefalse
Units In Building Total2
Water CompanyCity of Auburn
Water Sewer Garbage2160
Year Built1968
Exterior for 507 L Street SE
Building Area Total1680
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street
Lot Size Acres0.1759
Parking Uncovered Spaces2
Site FeaturesFenced-Partially
Total Parking2
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Auburn Snr High
Middle School
Buyer To Verify Middle School
Elementary School
Buyer To Verify Elementary School
Josh QA1
REALTOR ® SRES ®