2811 K ST SE, Auburn, WA 98002
- $675,000
- 1,780
- SqFt
Listing courtesy of Skyline Properties, Inc..
- List Price
- $675,000
- Status
- PENDING
- MLS#
- 2510922
- Days on Market
- 82
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,780
- Area Total SqFt
- 1780
- Annual Tax Ammount
- 6940.38
- Lot Size (sq ft)
- 8,114
- Sewer
- Sewer Connected
Property Description
Rare opportunity to own a well-maintained duplex in Auburn with large, fully fenced yards—ideal for owner-occupants or investors. Live in one unit and offset your mortgage, or add a solid income-producing property to your portfolio. Unit 2811 has been fully remodeled in 2022 with extensive upgrades throughout, including new kitchen cabinets, appliances, flooring, windows, doors, trim, lighting, and bathrooms—offering a modern, move-in ready feel. Major capital improvements have already been completed on the entire property, including a new roof, gutters, exterior siding repairs, and full exterior paint in 2022, plus a new fence added in 2024. Both units are tenant occupied with separate electrical meters. Strong rental setup with one long-term tenant and one unit on a fixed lease. Opportunities like this—with major updates already done and flexible living or investment potential—don’t come up often.
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Additional Information
- List Date
- 2026-05-05 20:00:11
- Community
- Auburn
- Net Operating Income
- $37,627
- Gross Adjusted Income
- $45,600
- Gross Scheduled Income
- $45,600
- Total Monthly Income
- $3,800
- Insurance Expenses
- $1,032
- Gross Rent Multiplier
- 14.8
- Total Expenses
- $7,972
- Cap Rate
- 5.57
- Total Number of Units
- 2
- Unit Name
- 2811
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1978
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully, Patio
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,800
- Gross Scheduled Income
- $45,600
- Gross Adjusted Income
- $45,600
- Tax Year
- 2026
- Insurance Expense
- $1,032
- Total Expenses
- $7,972
- Net Operating Income
- $37,627
- Gross Rent Multiplier
- 14.8
- Cap Rate
- 5.57
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.