402 4th St SE Auburn, WA 98002
Downtown Auburn NeighborhoodEstimated payment $4,490/month
Highlights
- Deck
- No HOA
- Partially Fenced Property
- Corner Lot
- Patio
- Wood Siding
About This Home
Rare value-add duplex in Auburn with strong rental income and room to grow with upside potential. Unit A rents for $2,200/month; Unit B is under rented at $1,825/month & represents opportunity for increased cash flow & enhanced property value. Each spacious 3BR/2.5BA unit (1,270 sq ft) features a private yard, garage, laundry, and balcony. Located on a desirable corner lot in a walkable community near shopping, dining, medical, and transit w/ easy access to HWYs 18 & 167. Plus, new roof & paint in 2024. Whether you're looking to house hack, live in one side and rent the other, or add a solid performer to your investment portfolio, this property is a compelling choice for both new & seasoned investors. Low inventory makes this a smart find.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2393409
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,088
Year Built
- Built in 1989
Lot Details
- 9,940 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
- Property is in good condition
Home Design
- Duplex
- Slab Foundation
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 2,540 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 6 Parking Spaces
- 2 Covered Spaces
- Open Parking
Outdoor Features
- Deck
- Patio
Schools
- Washington Elementary School
- Cascade Mid Middle School
- Auburn Snr High School
Utilities
- Cable TV Available
Community Details
- No Home Owners Association
- Theron Addition Condos
- Downtown Auburn Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 8595700010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,656 | $551,000 | $117,000 | $434,000 |
| 2023 | $6,084 | $484,000 | $94,000 | $390,000 |
| 2022 | $5,453 | $506,000 | $102,000 | $404,000 |
| 2021 | $5,098 | $402,000 | $82,000 | $320,000 |
| 2020 | $4,661 | $355,000 | $77,000 | $278,000 |
| 2018 | $5,543 | $384,000 | $75,000 | $309,000 |
| 2017 | $4,555 | $351,000 | $69,000 | $282,000 |
| 2016 | $3,998 | $286,000 | $66,000 | $220,000 |
| 2015 | $3,951 | $266,000 | $61,000 | $205,000 |
| 2014 | -- | $255,000 | $58,000 | $197,000 |
| 2013 | -- | $195,000 | $53,000 | $142,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Sale | $715,000 | -- | $281 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Warranty Deed | $351,200 | Chicago Title | |
| Interfamily Deed Transfer | -- | Evergreen Title Company Inc | |
| Warranty Deed | $163,000 | Evergreen Title Company Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $280,950 | Purchase Money Mortgage | |
| Previous Owner | $35,100 | Stand Alone Second | |
| Previous Owner | $130,400 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2393409
APN: 859570-0010
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Based on information submitted to the MLS GRID