402 4th St SE

Auburn, WA 98002
  • $675,000

    Price
  • 6

    Bed
  • 6

    Bath
  • 2,540

    SqFt

About the Listing 6787 - 83645

Rare Auburn duplex offering immediate income, recent improvements, and compelling upside in a low-inventory market. Unit A is currently rented at $2,200/month. Unit B has been completely rehabbed with fresh paint, new trim and flooring and is ready for occupancy at an estimated market rent of $2,300/month, creating the potential for $4,500/month in combined gross rent. Each spacious 1,270 SF unit features 3 bedrooms, 2.5 baths, a private garage, in-unit laundry, balcony, and private yard, offering the space and amenities tenants want. Situated on a desirable corner lot in a convenient, walkable community near shopping, dining, medical services, schools, public transportation, and everyday amenities, with quick commuter access to Highways 18 and 167. New roof and exterior paint completed in 2024 add to the property's appeal and reduce near-term capital expenditures. Ideal for an owner-occupant looking to live in one unit and rent the other, a first-time investor seeking a practical entry into real estate investing, or a seasoned buyer looking to add a strong-performing asset to a portfolio. With one unit producing income and the second freshly updated and positioned for market rent, this duplex offers flexibility, income potential, and a clear path to enhanced long-term value. Auburn duplex inventory can be difficult to replace, making this a compelling opportunity to secure a versatile property with both current income and future growth potential.

Listing Highlights

Status Pending
Days on Site 8
Property Type Multi-Family
MLS ® 2578155
Year Built 1989
Total Square Footage 2,540
Lot/Acreage 0.23
County King
Building Name Theron Addition
Neighborhood Downtown - Auburn
School District Auburn
Elementary School Washington Elementary
Middle School Cascade Middle
High School Auburn Senior High

Interior Details

  • Bedrooms: 6
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces: 0
  • Floor: Vinyl,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Auburn

Exterior Details

  • Lot Description: Corner Lot,Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,Patio,Zoning: Multi-Family
  • Garage Capacity: 2 car
  • Parking Spaces: 4
  • Zoning: Multi-Family
  • Roof: Composition
  • Others: Wood,Wood Products,Good
  • Sewer: City of Auburn

Financial Details

  • Tax Amount: $7,760
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 8595700010
  • Tax Year: 2026

Payment Calculator

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Questions About..

402 4th St SE Auburn, WA 98002

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Originating MLS: nwmls

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Sam Golla-Cohen

| Washington Management Company

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