1315 K Street NE, Auburn, WA 98002
- $600,000
- 1,860
- SqFt
Listing courtesy of Summit Properties NW LLC.
- List Price
- $600,000
- Status
- ACTIVE
- MLS#
- 2544201
- Days on Market
- 19
- Style
- 52 - Duplex
- Finished SqFt
- 1,860
- Area Total SqFt
- 1860
- Annual Tax Ammount
- 6230
- Lot Size (sq ft)
- 7,200
- Sewer
- Sewer Connected
Property Description
Rare opportunity to own a well-maintained duplex in Auburn! 2 BR 1 BA units with updated flooring and garages with in-unit laundry. All on one level. Fully occupied and never vacant with constant inquiries and referrals. Conveniently located near schools, transit, freeways and amenities. Major capital improvements have already been completed on the entire property, including a new roof and fencing around each unit. Both units are tenant occupied with separate electrical meters. Opportunity to increase cash flow through increased rent and utility bill-back for water/sewer/garbage. Garbage already on separate bills. Inside tours only after mutual agreement. Please do not disturb tenants. Check out MLS #2543610 and #2544496 to package a complete portfolio.
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Additional Information
- List Date
- 2026-07-08 04:43:11
- Community
- Auburn
- Net Operating Income
- $31,190
- Gross Adjusted Income
- $45,200
- Gross Scheduled Income
- $45,600
- Total Monthly Income
- $3,800
- Insurance Expenses
- $2,110
- Water/Sewer/Garbage Expenses
- $2,675
- Gross Rent Multiplier
- 13.27
- Total Expenses
- $14,010
- Cap Rate
- 5.2
- Total Number of Units
- 2
- Unit Name
- 1315
- Potential Terms
- Cash, Conventional
- Year Built
- 1976
- Roof
- Composition
- Other Expenses
- 2995
- Energy Source
- Electric
- School District
- Auburn
- Total Monthly Income
- $3,800
- Gross Scheduled Income
- $45,600
- Gross Adjusted Income
- $45,200
- Tax Year
- 2025
- Insurance Expense
- $2,110
- W/S/G Expenses
- $2,675
- Total Expenses
- $14,010
- Net Operating Income
- $31,190
- Gross Rent Multiplier
- 13.27
- Cap Rate
- 5.2
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.