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Listing courtesy of NWMLS / HomeSmart Real Estate Assoc. Bought with John L. Scott, Inc..

416 & 420 2nd St Se

Auburn, WA 98002

– beds
– baths
1,650 sqft
5,705 sqft lot
$326 per sqft
1958 build

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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.

Listing courtesy of NWMLS / HomeSmart Real Estate Assoc. Bought with John L. Scott, Inc..

Last checked: Checking… • Last updated Mar 18, 2025 •

MLS# 2318437 —

The Building

Year Built:

1958
New Construction:

false
Structure Type:

Duplex
Roof:

Composition
Foundation Details:

Poured Concrete
Exterior Features:

Brick
Units In Building Total:

2
# of Units Total:

2
Stories Total:

1
Building Area Total:

1650
Building Area Units:

Square Feet
Calculated SqFt:

1650
SqFt Source:

public record
Construction Materials:

Brick

Interior

Interior Features:

Wall to Wall Carpet
Flooring:

Vinyl, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing, Tenant's Rights
Buyer Financing:

Conventional

Location

Latitude:

47.305738
Longitude:

-122.223201
Directions:

From I5 S,take exit 142A towards Auburn onto WA-18 E(S 348th st).Go for 4.5 miles.Take the exit toward Auburn Wy/Enumclaw onto WA-164(Auburn Way S). Go for 0.5 mi. Turn R onto 2nd St SE.Go for 0.1 mi.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Good
Parcel Number:

8699100390
Lot Features:

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

Square Feet
Lot Size Acres:

0.131
Lot Size SqFt:

5705
Lot Size Source:

public record
Zoning Jurisdiction:

City
View:

false
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

5360.43

Beds

Bedrooms Possible:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Forced Air

Utilities

Water Company:

City Of Auburn
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

City Of Auburn
Power Company:

Pse

Schools

Elementary School:

Buyer To Verify
Middle Or Junior School:

Buyer To Verify
High School:

Buyer To Verify
High School District:

Auburn

The Community

Subdivision Name:

Downtown - Auburn
Amenities:

Storage
Senior Community:

false
Association:

false

Parking

Parking Total:

2
Open Parking:

false
Carport Spaces:

2
Carport:

false

Listing courtesy of NWMLS / HomeSmart Real Estate Assoc. Bought with John L. Scott, Inc..

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sat Mar 29 2025 01:41 AM. 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.

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Sale history

Date	Event	Source	Price	% Change
3/17/25 Mar 17, 2025	Sold	NWMLS	$539,000	-7.9%
2/7/25 Feb 7, 2025	Pending	NWMLS	$585,000
1/2/25 Jan 2, 2025	Listed / Active	NWMLS	$585,000

Multifamily Sold on 3/17/2025

$539,000

Listing provided by broker:

Angela Wassmann

HomeSmart Real Estate Assoc

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Listing courtesy of NWMLS / HomeSmart Real Estate Assoc. Bought with John L. Scott, Inc..

Disclaimer: The information contained in this listing has not been verified by HomeSmart Real Estate Assoc and should be verified by the buyer.

416 & 420 2nd St Se

Auburn, WA 98002