306 2nd ST NE · Auburn, WA 98002
Source: NWMLS · Torre Realty · Elena Pike #NWM2391346
About this home
Turn-key 5 unit rental property in the heart of Auburn! This fully rented investment property is walking distance to Main Street with all the shops, restaurants and public transportation. The building has a brand new roof and siding, and all units have been recently updated—no major work needed. 100% occupancy with zero vacancies and a waitlist. Some tenants have been here for over 7 years and would love to stay. There’s off-street parking in back for up to 6 cars, plus an on-site coin-op laundry room that brings in an extra $200/month. This is a solid, low-maintenance rental property in a great location with strong tenant demand. Ready to go from day one.
Location
Basics
- Property type
- Multi Family
- Style
- 4-Plex
- Stories
- 3 stories
- Condition
- Good
- Year built
- 1922
- Lot size
- 6,608 sq ft (0.15 acres)
- County
- King
- MLS #
- NWM2391346
Interior
- Heating
- Baseboard, Forced Air
- Cooling
- None
- Flooring
- Laminate
Exterior & lot
- Exterior features
- Wood, Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Waterfront
- No
Utilities
- Water
- Community
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Auburn
- Property tax
- $6,607 (2024)
Transaction
- Original list price
- $1,090,000 (9.3% price cut)
- Listed on
- Jun 12, 2025
- Days on market
- 465
- Listing terms
- Cash, Conventional, Owner Will Carry
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2013-12-06
- Sold$176,299
- 2003-10-24
- Sold$257,000
- 2001-08-09
- Sold$225,000
Schools
School district: Auburn
- Elementary
- Washington Elementary
- Middle
- Cascade Mid
- High
- Auburn Senior High SchoolSchoolDigger 1 star · Top 77% in WA
Listing provided courtesy of: Torre Realty
Listing agent: Elena Pike.
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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.