2810 D Street SE, Auburn, WA 98002

$905,000
3,560
SqFt

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Listing courtesy of Windermere Real Estate/East. Selling Office: Global Real Estate Group.

Sold Price
$905,000
List Price
$875,000
Status
SOLD
MLS#
2353021
Closing Date
Jun 02, 2025
Days on Market
2
Style
54 - 4-Plex
Building Condition
Average
Finished SqFt
3,560
Area Total SqFt
3560
Annual Tax Ammount
9332
Internet Provider
Multiple Options
Lot Size (sq ft)
10,519
Sewer
Sewer Connected

Property Description

Downtown Auburn 4-Plex ready to be your next investment property! Four identical 2-bedroom, 1-full bath units. 2 upstairs with decks & 2 downstairs with patios. All units have washers/dryers in unit, dishwashers & a living room with fireplace. Large, fully fenced back yards. Each unit has a dedicated, covered carport parking spot. Building also has 2 additional dedicated surface parking places, street parking and a gravel area that could be converted to 4 more paid parking spots for additional revenue. Full property inspection available. All units currently rented, long-term tenants, rents below market. Sale subject to tenant rights. 3 of the current leases are month to month. Remaining lease is through Fall 2025.

Additional Information

List Date
2025-05-31 00:00:00
Community
Auburn
Net Operating Income
$54,523
Gross Adjusted Income
$72,300
Gross Scheduled Income
$72,300
Total Monthly Income
$6,025
Insurance Expenses
$1,487
Water/Sewer/Garbage Expenses
$1,107
Gross Rent Multiplier
12.1
Total Expenses
$17,777
Cap Rate
6.23
Total Number of Units
4
Unit Name
2810
Potential Terms
Cash Out, Conventional
Year Built
1985
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
Electric Expenses
5335
Other Expenses
516
Energy Source
Electric
School District
Auburn
Elementary School
Pioneer Elem
Middle School
Olympic Mid
High School
Auburn Snr High
Total Monthly Income
$6,025
Gross Scheduled Income
$72,300
Gross Adjusted Income
$72,300
Tax Year
2024
Insurance Expense
$1,487
W/S/G Expenses
$1,107
Total Expenses
$17,777
Net Operating Income
$54,523
Gross Rent Multiplier
12.1
Cap Rate
6.23
Based on information submitted to the MLS GRID as of . 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.
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