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Listing courtesy of NWMLS / KW Mountains to Sound Realty

Theron Addition - 402 4th Street SE

Auburn, WA 98002

– beds
– baths
2,540 sqft
9,940 sqft lot
$291 per sqft
1989 build

Hard to find cash flow, value-add opportunity available with this duplex in the heart of Auburn. Strong rental income, with room to increase rents, on Unit A with rent at $2,150 for a 1,270 square foot unit. Second Unit B, also at 1,270 square feet, is far below market rate at $1,825 and is primed for a substantial rental increase. Desirable corner lot units are both 3 bedrooms, 2.5 baths and have separate garages, laundry and balconies. Conveniently located in a walkable community and close to shopping, restaurants, medical services, public transportation, and perfect for commuters of Highways 18 & 167. Live in one side and rent the other, add to your portfolio or begin your journey toward wealth building.

Listing courtesy of NWMLS / KW Mountains to Sound Realty

Last checked: Checking… • Last updated Nov 14, 2024 •

MLS# 2298255 —

The Building

Year Built:

1989
Year Built:

1989
Year Built Source:

Public Records
New Construction:

false
Building Name:

Theron Addition
Structure Type:

Duplex
Exterior Features:

Wood, Wood Products
Roof:

Composition
Units In Building Total:

2
Foundation Details:

Slab
Security Features:

FullyFenced
# of Units Total:

2
Stories Total:

2
Building Area Total:

2540
Building Area Units:

Square Feet
Calculated SqFt:

2540
SqFt Source:

Realist

Interior

Interior Features:

Wall to Wall Carpet
Flooring:

Vinyl, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing, Negotiable

Location

Latitude:

47.303934
Longitude:

-122.223902
Directions:

From 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.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Average
Parcel Number:

8595700010
Lot Number:

1
Lot Features:

Corner Lot, Curbs, Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.2282
Lot Size SqFt:

9940
Lot Size Source:

Realist
Zoning Class:

Multi-Family
Zoning Jurisdiction:

City
View:

false
Waterfront:

false
Possible Use:

Multi-Family
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

6088

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Wall Unit(s)

Utilities

Water Company:

City Of Auburn
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

City Of Auburn
Power Company:

Pse

Schools

Elementary School:

Washington Elementary
Middle Or Junior School:

Cascade Mid
High School:

Auburn Snr High
High School District:

Auburn

The Community

Subdivision Name:

Downtown - Auburn
Senior Community:

false
Association:

false

Parking

Parking Total:

6
Parking Uncovered Spaces:

4
Open Parking:

true
Open Parking Spaces:

4
Carport:

false
Covered Spaces:

2

Listing courtesy of NWMLS / KW Mountains to Sound Realty

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Tue Dec 17 2024 07:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/4/24 Oct 4, 2024	Listed / Active	NWMLS	$740,000	270.0% (21.2% / YR)
12/30/11 Dec 30, 2011		NWMLS	$200,000	-44.2% (-8.1% / YR)
7/6/06 Jul 6, 2006		NWMLS	$358,700

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This multifamily located in South Auburn, Auburn, WA 98002 is currently for sale for $740,000. Theron Addition - 402 4th Street SE is a 2,540 square foot multifamily with – beds and – baths. Theron Addition - 402 4th Street SE is in the South Auburn neighborhood of Auburn and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Bowman Creek Elementary, Washington Elementary School, Willow Crest Elementary School, Cascade Middle School, and Auburn Senior High School.

Listing courtesy of NWMLS / KW Mountains to Sound Realty

Disclaimer: The information contained in this listing has not been verified by KW Mountains to Sound Realty and should be verified by the buyer.