915 30th Street NE Unit #1-4, Auburn, WA 98002

$800,000

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Listing courtesy of Blue Summit Realty LLC.

List Price
$800,000
Status
PENDING
MLS#
2495621
Price Change
▼ $150,000 1780089171
Days on Market
101
Style
54 - 4-Plex
Annual Tax Ammount
10959.29
Lot Size (sq ft)
11,031
Sewer
Sewer Connected

Property Description

ATTENTION INVESTORS: FIXER/VALUE-ADD RESTORATION PROJECT! Bring your vision and maximize your returns—restore this complex to its full market potential and unlock peak equity! ADJUSTED PRICE INVESTOR ALERT... Prime Auburn Investment Opportunity! Outstanding, 4-plex featuring four spacious 2BD/1BA units in a high-demand location. Enjoy immediate stability with 100% occupancy, zero vacancy since 2023, and reliable tenants (over half have been there 10+ years). Massive upside potential—rents are currently below market, offering a clear path to increased cash flow. Some value-add updates already completed, including new windows, new sliders, and upgraded appliances. Each unit features a private 1-car garage and in-unit washer/dryer. Prime location near freeways, transit, schools, and shopping. Turnkey properties with this much growth potential are rare—don't miss out! Note: Please DO NOT DISTURB TENANTS. To maintain privacy & minimize disruption, interior tours will be granted after mutual offer acceptance.

Additional Information

List Date
2026-04-17 03:07:11
Community
Green River
Net Operating Income
$45,616
Gross Adjusted Income
$76,896
Gross Scheduled Income
$76,896
Insurance Expenses
$3,359
Water/Sewer/Garbage Expenses
$7,234
Gross Rent Multiplier
12.35
Total Expenses
$31,281
Cap Rate
4.8
Total Number of Units
4
Unit Name
915
Potential Terms
Cash, Conventional, FHA
Year Built
1984
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully
Other Expenses
9728
Energy Source
Electric
School District
Auburn
Elementary School
Evergreen Heights El
Middle School
Cascade Mid
High School
Auburn Snr High
Gross Scheduled Income
$76,896
Gross Adjusted Income
$76,896
Tax Year
2026
Insurance Expense
$3,359
W/S/G Expenses
$7,234
Total Expenses
$31,281
Net Operating Income
$45,616
Gross Rent Multiplier
12.35
Cap Rate
4.8
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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