28602 46th Avenue S, Auburn, WA 98001

$580,000
1,800
SqFt

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Listing courtesy of Coldwell Banker Bain. Selling Office: Skyline Properties, Inc..

Sold Price
$580,000
List Price
$599,999
Status
SOLD
MLS#
2452660
Closing Date
Mar 25, 2026
Days on Market
107
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,800
Area Total SqFt
1800
Annual Tax Ammount
5802.69
Internet Provider
Xfinity
Lot Size (sq ft)
7,200
Sewer
Sewer Connected

Property Description

Fantastic investment or owner-occupied opportunity directly across the street from Thomas Jefferson High School! This well-maintained duplex offers two 2-bedroom, 1-bath units totaling approximately 1,800 sq ft of living space. Each unit features a cozy fireplace, efficient layout, and private entry. Recent updates include a newer roof and durable Hardi-Plank siding for lasting curb appeal. Unit A includes an exterior storage shed for added convenience. Excellent location near schools, shopping, and commuter routes—ideal for steady rental income or multi-generational living. A solid property in a desirable neighborhood—don’t miss this great Auburn duplex!

Additional Information

List Date
2025-12-08 00:00:00
Community
West Hill
Net Operating Income
$29,921
Gross Adjusted Income
$39,744
Gross Scheduled Income
$43,200
Total Monthly Income
$3,600
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$2,820
Gross Rent Multiplier
14.5
Total Expenses
$9,822
Cap Rate
4.78
Vacancy Rate
8
Total Number of Units
2
Unit Name
28602
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1969
Roof
Composition
Energy Source
Electric
School District
Federal Way
Elementary School
Valhalla Elem
Middle School
Evergreen Middle
High School
Thomas Jefferson Hig
Total Monthly Income
$3,600
Gross Scheduled Income
$43,200
Vacancy Rate
8
Gross Adjusted Income
$39,744
Tax Year
2024
Insurance Expense
$1,200
W/S/G Expenses
$2,820
Total Expenses
$9,822
Net Operating Income
$29,921
Gross Rent Multiplier
14.5
Cap Rate
4.78
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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