305 M Street NE, Auburn, WA 98002

$480,000
1,370
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Keller Williams Western Realty. Selling Office: Heaton Dainard, LLC.

Sold Price
$480,000
List Price
$480,000
Status
SOLD
MLS#
2463391
Closing Date
Feb 12, 2026
Days on Market
31
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,370
Area Total SqFt
1370
Annual Tax Ammount
5139
Lot Size (sq ft)
6,071
Sewer
Sewer Connected

Property Description

Don’t miss this promising duplex opportunity in the heart of Auburn! Situated on a desirable corner lot, this property offers convenience just blocks from shopping, schools, entertainment and everyday amenities. Centrally located near major freeways and positioned on a bus route, commuting and accessibility are a breeze. This duplex presents a compelling investment opportunity for those looking to add value. With some updates and vision, the property has the potential to generate steady rental income in one-or possibly both-units. Ideal for investors, owner-occupants, or those seeking a long-term hold in a well-connected location. A pre-listing inspection has already been completed and is available upon request, providing added transparency

Additional Information

List Date
2026-01-12 00:00:00
Community
Downtown - Auburn
Net Operating Income
$6,960
Gross Adjusted Income
$32,280
Gross Scheduled Income
$3,400
Insurance Expenses
$3,175
Water/Sewer/Garbage Expenses
$678
Total Expenses
$12,592
Vacancy Rate
19
Total Number of Units
2
Unit Name
305
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1944
Roof
Composition
Site Features
Cable TV, High Speed Internet
Electric Expenses
1200
Energy Source
Electric, Natural Gas
School District
Auburn
Gross Scheduled Income
$3,400
Vacancy Rate
19
Gross Adjusted Income
$32,280
Tax Year
2025
Insurance Expense
$3,175
W/S/G Expenses
$678
Total Expenses
$12,592
Net Operating Income
$6,960
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks