904 31st Street NE, Auburn, WA 98002
- $925,000
- 3,806
- SqFt
Listing courtesy of KW Mountains to Sound Realty.
- List Price
- $925,000
- Status
- ACTIVE
- MLS#
- 2522797
- Price Change
- ▼ $60,000 1784691338
- Days on Market
- 73
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,806
- Area Total SqFt
- 3806
- Annual Tax Ammount
- 11019
- Lot Size (sq ft)
- 13,320
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity in the heart of North Auburn. This well-maintained 4-plex sits on a spacious third-acre lot & offers the flexibility today’s buyers are looking for. Ideal for the seasoned investor expanding a portfolio, the first-time multifamily buyer, or the savvy owner-occupant interested in house hacking while building long-term wealth. Each spacious unit features 2 bedrooms, 1 bath, and an inviting great room layout designed for comfortable everyday living. Bright interiors, generous windows, & open living spaces create a welcoming feel tenants will appreciate, while private patios or decks extend the living experience. Functional kitchens w/ abundant cabinetry & storage make daily living easy & efficient. Tenants will enjoy the added value & everyday convenience of having their own private garage and in-unit laundry facilities, helping save money on storage and off-site laundry costs while adding comfort and practicality to daily life. The expansive lot also provides extra parking, flexibility, & room to breathe that is hard to find in multifamily properties. Conveniently located near shopping, dining, healthcare, schools, & major commuting routes, this property offers strong long-term appeal for both tenants & investors alike. With approximately 3,806 square feet, no HOA, and an attractive combination of space, functionality, and location, this is an outstanding opportunity to own a versatile income-producing property with lasting value.
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Additional Information
- List Date
- 2026-05-14 22:43:11
- Community
- Green River
- Net Operating Income
- $64,159
- Gross Adjusted Income
- $64,519
- Gross Scheduled Income
- $87,000
- Total Monthly Income
- $7,250
- Insurance Expenses
- $3,435
- Water/Sewer/Garbage Expenses
- $6,652
- Gross Rent Multiplier
- 10.17
- Total Expenses
- $22,841
- Cap Rate
- 7.24
- Total Number of Units
- 4
- Unit Name
- 904
- Potential Terms
- Conventional, FHA, VA Loan
- Year Built
- 1984
- Roof
- Composition
- Site Features
- Deck, Patio
- Other Expenses
- 1735
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Evergreen Heights El
- Middle School
- Cascade Mid
- High School
- Auburn Snr High
- Total Monthly Income
- $7,250
- Gross Scheduled Income
- $87,000
- Gross Adjusted Income
- $64,519
- Tax Year
- 2026
- Insurance Expense
- $3,435
- W/S/G Expenses
- $6,652
- Total Expenses
- $22,841
- Net Operating Income
- $64,159
- Gross Rent Multiplier
- 10.17
- Cap Rate
- 7.24
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.