2302 I Street NE
Auburn, WA 98002
- – beds
- – baths
- 3,124 sqft
- 8,800 sqft lot
- $332 per sqft
- 2024 build
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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.
Last checked:
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Last updated Mar 27, 2025
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MLS# 2330913 —
The Building
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Year Built:1978
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Year Built:2024
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Quadruplex
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Roof:Composition
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Foundation Details:Poured Concrete
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Exterior Features:Wood
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Units In Building Total:4
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# of Units Total:4
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Stories Total:2
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Building Area Total:3124
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Building Area Units:Square Feet
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Calculated SqFt:3124
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SqFt Source:Appraiser Drawing
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Construction Materials:Wood
Interior
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Interior Features:Laminate Hardwood
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Flooring:Laminate
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Fireplace:false
Financial & Terms
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Possession:Closing
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Buyer Financing:Conventional
Location
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Latitude:47.327619
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Longitude:-122.219038
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Directions:From Auburn Way N turn east on 22nd St NE to I St. Go north, property on east side of street.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:5125400450
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Lot Features:Curbs, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Dimensions:60 x 146
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Lot Size Acres:0.202
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Lot Size SqFt:8800
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Lot Size Source:Assessor
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (425) 881-5131
- Office phone:
- (425) 881-5131
Taxes
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Tax Year:2024
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Tax Annual Amount:9095
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard, Radiant
Utilities
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Water Company:City Of Auburn
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:City Of Auburn
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Power Company:Pse
Schools
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High School District:Auburn
The Community
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Subdivision Name:Auburn
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Senior Community:false
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Association:false
Parking
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Parking Total:8
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Parking Uncovered Spaces:8
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Open Parking:true
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Open Parking Spaces:8
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Carport:false
Listing courtesy of NWMLS / Heaton Dainard, LLC. Bought with Ballpark Realty.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/26/25
Mar 26, 2025
|
Sold | NWMLS | $1,040,000 | -0.9% |
2/19/25
Feb 19, 2025
|
Pending | NWMLS | $1,049,000 | |
2/10/25
Feb 10, 2025
|
Listed / Active | NWMLS | $1,049,000 | 101.7% (13.5% / YR) |