NOT LISTED FOR SALE

309 23rd St SE Auburn, WA 98002

South Auburn Neighborhood
-- Bed
-- Bath
11,594 Sq Ft
1.03 Acres

Last Sold February 27, 2015

Last sale price $1,000,000 $86 Per Sq Ft

75 Days on Market

Highlights

  • 1.03 Acre Lot
  • Patio
  • High Speed Internet
  • Thermal Windows
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of February 2015

19 units. Increase cap rate see supplemental breakout. 3-bd mgr unit, Convert office to studio, rental back lot. Many long term tenants, All buildings improved mech/struct/roof/window & interiors. Established cash flow, Owner pays w/s/g, plenty of parking. Units have new appliances, carpet/floating floors & tile covered off-street parking, storage, picket fenced yards/patios see attachments cash flow. 4 -4plex's +1-triplex. Rent schedule reflects renewal.

Last Agent to Sell the Property

Pauline Oxford

Better Properties NW License #32682 Listed on: 09/19/2014

Better Properties NW

Last Buyer's Agent

Pauline Oxford

Better Properties NW License #32682 Listed on: 09/19/2014

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 694028

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,441

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 1.03 Acre Lot
  • Partially Fenced Property

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 11,594 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 19 Parking Spaces
  • 19 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • High Speed Internet

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8695200068

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,441

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 11594
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 19
  • Carport Y N: No
  • Covered Parking Spaces: 19
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Total Parking Spaces: 19
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Pauline Oxford Better Prop
  • WaterCompany: Auburn
  • WaterSewerGarbage: 10900

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 8695200068
  • Lot Size Acres: 1.0336
  • Lot Size Sq Ft: 45025
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: kcar
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 12721

Multi Family

  • Gross Scheduled Income: 154203
  • Net Operating Income: 90388
  • Number Of Units Total: 4
  • Electric Expense: 1800
  • Insurance Expense: 4056
  • Leasable Area: 11580
  • UnitsInBuildingTotal: 19
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2014
  • Tax Annual Amount: 18441

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $1,000,000 -23.1% $86 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
09/21/2014 09/21/14 For Sale $1,300,000 -- $112 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Pauline Oxford

    Better Properties NW

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 694028

Northwest Multiple Listing Service (NWMLS)
Washington King County Auburn 98002 South Auburn

309 23rd St SE, Auburn, WA

This home is located at 309 23rd St SE, Auburn, WA 98002 since 19 September 2014. This property was built in 1979. 309 23rd St SE is a home located in King County with nearby schools including Pioneer Elementary School, Olympic Middle School, and Auburn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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