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Listing Firm: HomeSmart Real Estate Assoc: Angela Wassmann

Bought With: John L. Scott, Inc. : Samiksha Ray

SOLD On March 17, 2025
NWMLS # 2318437

$539,000

  • Sold Price
  • - Beds
  • - Baths
  • 1650 Sq.ft.

416 & 420 2nd St SE , Auburn, WA 98002

Listings with the three tree icon are courtesy of NWMLS

About This Property

Rare investment opportunity awaits to purchase a quality, income producing duplex in the heart of downtown Auburn. Each rambler style unit on this prime corner lot offers two good sized bedrooms, one full bathroom, spacious living space and is equipped with a washer and dryer. Good sized carport offers covered parking as well as a storage closet. Conveniently located near freeways, shopping, restaurants, schools, public transit if needed (or walk downtown) and so much more. Roof was replaced recently as well as carpet in each unit. Great opportunity for investors seeking consistent rental income, potential future house hacking, or multigenerational living. Potential for 6%+ cap rate in future if rent is market value.

Buyer's Agent: Samiksha Ray • John L. Scott, Inc.

Listed by: Angela Wassmann • HomeSmart Real Estate Assoc

Aris360 Last Checked: 1 Minute Ago (Jul 18, 2025 08:18 AM)

  • Source: NWMLS as Distributed by MLS Grid #2318437

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: & 420 2nd St SE
  • Zip/Postal Code: 98002
  • City: Auburn

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$3,847 per month
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Property Features

  • County
    • Downtown - Auburn
  • Community
    • 310 - Auburn
  • MLS Area
    • 310 - Auburn
  • Longitude
    • -122.223201
  • Latitude
    • 47.305738
  • Directions
    • From I5 S,take exit 142A towards Auburn onto WA-18 E(S 348th st).Go for 4.5 miles.Take the exit toward Auburn Wy/Enumclaw onto WA-164(Auburn Way S). Go for 0.5 mi. Turn R onto 2nd St SE.Go for 0.1 mi.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
    • Natural Gas
    • Wood

  • Stories
    • 1
  • Style
    • 52 - Duplex
  • Parking Spaces
    • 2
  • Lot Description
    • Alley,
    • Corner Lot,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Brick
  • Site Description
    • Fenced-Partially,Gas Available
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • City of Auburn
  • Building Total Area (Sq. Ft.)
    • 5705

  • High School District
    • Auburn
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2024
  • Structure Type
    • Condominium,
  • Tax Amount
    • $5360.43
  • Year Built
    • 1958
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jul 18 2025 . 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.

Jul 18, 2025 08:18 AM