808 I Street NE, Auburn, WA 98002
- $5,350,000
- 17,862
- SqFt
Listing courtesy of John L. Scott, Inc. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $5,350,000
- List Price
- $5,450,000
- Status
- SOLD
- MLS#
- 2429189
- Closing Date
- Jan 30, 2026
- Days on Market
- 58
- Style
- 56 - 10+ Units
- Finished SqFt
- 17,862
- Area Total SqFt
- 17862
- Annual Tax Ammount
- 64450
- Lot Size (sq ft)
- 62,291
- Sewer
- Sewer Connected
Property Description
The property features a mix of eight one-bedroom/one bath units that are approximately 600 sq. ft., 12 two-bedroom/one bath units that are approximately 782 sq. ft. and 4 three-bedroom/one bath units that are approximately 882 sq. ft. The units are well equipped with full kitchens with stove/range, refrigerator and dishwashers, bathrooms along with two laundry facilities, two storage areas along with 43 parking spaces. Cambridge Lane offers practical community features designed to support everyday living. Residents benefit from in unit W/D hook-ups as well as two on-site laundry facilities for added convenience and two dedicated owner storage areas. Great location with unbeatable access to daily essentials and lifestyle conveniences.
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Additional Information
- List Date
- 2025-12-03 00:00:00
- Community
- Auburn
- Net Operating Income
- $343,601
- Gross Adjusted Income
- $494,760
- Gross Scheduled Income
- $520,800
- Total Monthly Income
- $45,310
- Insurance Expenses
- $22,660
- Gross Rent Multiplier
- 10.46
- Total Expenses
- $200,021
- Cap Rate
- 6.3
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 808
- Potential Terms
- Cash, Conventional
- Year Built
- 1968
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet
- Electric Expenses
- 43260
- Other Expenses
- 69651
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Washington Elementary
- Middle School
- Cascade Mid
- High School
- Auburn Snr High
- Total Monthly Income
- $45,310
- Gross Scheduled Income
- $520,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $494,760
- Tax Year
- 2025
- Insurance Expense
- $22,660
- Total Expenses
- $200,021
- Net Operating Income
- $343,601
- Gross Rent Multiplier
- 10.46
- Cap Rate
- 6.3
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.