735 F Street NE, Auburn, WA 98002

$767,400
2,200
SqFt

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Listing courtesy of Marketplace Sotheby's Intl Rty. Selling Office: John L. Scott, Inc.

Sold Price
$767,400
List Price
$799,000
Status
SOLD
MLS#
2355732
Closing Date
May 20, 2026
Days on Market
332
Style
52 - Duplex
Building Condition
Restored
Finished SqFt
2,200
Area Total SqFt
2200
Annual Tax Ammount
5513
Internet Provider
Xfinity
Lot Size (sq ft)
8,640
Sewer
Sewer Connected

Property Description

Invest in this beautifully restored duplex in the heart of Downtown Auburn, an area renowned for its charm and proximity to schools, parks, public transit, and a vibrant mix of businesses. Each spacious unit features 3 bedrooms and 2 bathrooms, making them appealing for a variety of tenants. Recent upgrades including luxury vinyl plank flooring, modern appliances, and energy-efficient windows enhance value and attract quality renters. Both units offer private fenced backyards and off-street parking for up to 3 cars each, ensuring convenience for residents. With cultural events, dining, and shopping just steps away, this property presents a unique opportunity for investors seeking rental income or a multi-generational living solution.

Additional Information

List Date
2025-06-22 00:00:00
Community
Auburn
Net Operating Income
$60,000
Gross Adjusted Income
$51,468
Gross Scheduled Income
$60,000
Total Monthly Income
$6,000
Insurance Expenses
$1,144
Water/Sewer/Garbage Expenses
$1,800
Gross Rent Multiplier
17.77
Total Expenses
$8,532
Cap Rate
6.05
Vacancy Rate
5
Total Number of Units
2
Unit Name
735
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1964
Roof
Composition
Site Features
Fenced-Fully, Gas Available, Shop
Other Expenses
75
Energy Source
Electric, Natural Gas
School District
Auburn
Elementary School
Washington Elementary
Middle School
Cascade Mid
High School
Auburn Snr High
Total Monthly Income
$6,000
Gross Scheduled Income
$60,000
Vacancy Rate
5
Gross Adjusted Income
$51,468
Tax Year
2024
Insurance Expense
$1,144
W/S/G Expenses
$1,800
Total Expenses
$8,532
Net Operating Income
$60,000
Gross Rent Multiplier
17.77
Cap Rate
6.05
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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