306 2nd ST NE

Auburn, WA 98002

  • Bed

  • Bath

  • 0 SqFt

  • 92 DOM

  • Built: 1922

  • Status: Active

$999,000

X

306 2nd ST NE

Auburn 98002

$999000

  • Bed

  • Bath

  • 0 SqFt

  • 92 DOM

  • Built: 1922

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Turn-key 5 unit rental property in the heart of Auburn! This fully rented investment property is walking distance to Main Street with all the shops, restaurants and public transportation. The building has a brand new roof and siding, and all units have been recently updated—no major work needed. 100% occupancy with zero vacancies and a waitlist. Some tenants have been here for over 7 years and would love to stay. There’s off-street parking in back for up to 6 cars, plus an on-site coin-op laundry room that brings in an extra $200/month. This is a solid, low-maintenance rental property in a great location with strong tenant demand. Ready to go from day one.

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Residence Information

  • 0

  • Composition

  • 54 - 4-Plex

  • 1922

  • Poured Concrete

  • Basement, Coin Op Lau

Features and Utilities

  • Wood, Wood Products

  • Community

  • Sewer Connected

  • 1550

Financial

  • 6607

  • Cash Out, Conventional

  • 06-12-2025

Comparable Information

  • 92

  • 92

  • Cash Out, Conventional

  • $1,090,000

  • $1,090,000

  • Sep 12, 2025 17:33

Schools

Elementary : Washington Elem N/A Ratings
Middle : Cascade Mid N/A Ratings
High : Auburn Snr High N/A Ratings

Map

Listing courtesy of Torre Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Sep 12, 2025 13:14 | Listing last modified Sep 12, 2025 17:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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