2205 M Street NE Unit #A-B, Auburn, WA 98002

$659,000
1,850
SqFt

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Listing courtesy of Real Broker LLC. Selling Office: 1 Percent Lists Tacoma.

Sold Price
$659,000
List Price
$659,000
Status
SOLD
MLS#
2454885
Closing Date
Mar 04, 2026
Days on Market
76
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
1,850
Area Total SqFt
1850
Annual Tax Ammount
6850
Internet Provider
XFINITY
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

Delightfully remodeled, turn-key multifamily home ideal for investors or owner-occupants looking to house hack and build generational wealth. Both units provide an open concept 2 bed/1 bath with fresh interior paint, updated cabinets, new countertops, LVP flooring in high-traffic areas, and new carpet in all bedrooms, as well as refreshed bathrooms. Each unit includes laundry in its own 1-car garage, plus ample parking for guests and fenced back yards. Located in the heart of Auburn near shopping, freeways, schools, parks and trails. situated on a highly desired location with strong growth potential. A must see for sure. NO HOA!!! Both Sides Vacant and ready for your new tenant!

Additional Information

List Date
2025-12-18 00:00:00
Community
Auburn
Net Operating Income
$40,970
Gross Adjusted Income
$52,800
Gross Scheduled Income
$52,800
Total Monthly Income
$4,400
Insurance Expenses
$900
Water/Sewer/Garbage Expenses
$1,680
Gross Rent Multiplier
12.86
Total Expenses
$11,830
Cap Rate
6
Total Number of Units
2
Unit Name
2205
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1969
Roof
Composition
Electric Expenses
1800
Other Expenses
600
Energy Source
Electric
School District
Auburn
Elementary School
Dick Scobee Elem
Middle School
Cascade Mid
High School
Auburn Snr High
Total Monthly Income
$4,400
Gross Scheduled Income
$52,800
Gross Adjusted Income
$52,800
Tax Year
2025
Insurance Expense
$900
W/S/G Expenses
$1,680
Total Expenses
$11,830
Net Operating Income
$40,970
Gross Rent Multiplier
12.86
Cap Rate
6
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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