402 4th Street SE Auburn, WA $ 699,950
402 4th Street SE
$ 699,950
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402 4th Street SE

Auburn, WA, 98002
$ 699,950
Baths0.0 Sq 2,540

Monthly Estimate*

$ 4,367

Listed by KW Mountains to Sound Realty
402 4th Street SE, Auburn, WA 98002 - Image 1
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402 4th Street SE, Auburn, WA 98002 - Image 18
Studio

Multi-Family Home for sale in Auburn, WA

for $699,950. This 2,540 square foot home was built in 1989 on a lot size of 0.2282.

Rare value-add duplex in Auburn with strong rental income and room to grow with upside potential. Unit A rents for $2,200/month; Unit B is under rented at $1,825/month & represents opportunity for increased cash flow & enhanced property value. Each spacious 3BR/2.5BA unit (1,270 sq ft) features a private yard, garage, laundry, and balcony. Located on a desirable corner lot in a walkable community near shopping, dining, medical, and transit w/ easy access to HWYs 18 & 167. Plus, new roof & paint in 2024. Whether you're looking to house hack, live in one side and rent the other, or add a solid performer to your investment portfolio, this property is a compelling choice for both new & seasoned investors. Low inventory makes this a smart find.

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Multi-Family Active

Price

$ 699,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,088

Style

Duplex

Lot Size

0.2282

Year Built

1989

Town/City

Auburn

County/Region

King

MLS | Web ID

2393409

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing Negotiable Subject to Tenant Rights
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1989
Property Subtype Multi Family
Tax Year 2024
Building Name Theron Addition
County King
Net Operating Income 39165
Insurance Expense 1688
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Downtown - Auburn
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From Auburn Way South turn East on 4th St Se to duplex on the right OR from M St SE to West on 4th St Se to duplex on the left.
High School Auburn Snr High
City Auburn
Senior Community Y/N N
High School District Auburn
Zoning Description Multi-Family
Open Parking Spaces 4
Number Of Units Total 2
MLS Area 310 - Auburn
Lot Size Units Square Feet
Lot Size Square Feet 9940
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Washington Elementary
Tax Annual Amount 6088
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Cascade Mid
Property Condition Good
Public Remarks Rare value-add duplex in Auburn with strong rental income and room to grow with upside potential. Unit A rents for $2 200/month; Unit B is under rented at $1 825/month & represents opportunity for in
Leasable Area 2540
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Auburn
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 5.47
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Slab
Building Area Total 2540
Lot Size Acres 0.2282
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Patio
Parking Uncovered Spaces 4
Lot Number 1
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2393409
Street Number 1 402
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* Excluded Features
List By
Brian Manaois

Listing Agent

Kw Mountains To Sound Realty

Broker

Affordability Calculator

$4,874
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$507
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3952564 Elementary School
256687 Middle School
Auburn Snr High High School
Pricing History
DatePricePrice ChangeDescription
8/26/2025$699,950 -2.10% Price Down
6/24/2025$715,000 Listed Price

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402 4th Street SE, Auburn, WA, 98002 is a Multi-Family Home for sale at $699,950 with 2,540 sqft and a lot size of 0.2282. 402 4th Street SE is a studio with 0.0 baths and was built in 1989. The property's zip code is 98002 which is in Auburn, WA