Property Details
2811 K ST SE
Auburn, WA 98002
$675,000
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Property Overview
Rare opportunity to own a well-maintained duplex in Auburn with large, fully fenced yards—ideal for owner-occupants or investors. Live in one unit and offset your mortgage, or add a solid income-producing property to your portfolio. Unit 2811 has been fully remodeled in 2022 with extensive upgrades throughout, including new kitchen cabinets, appliances, flooring, windows, doors, trim, lighting, and bathrooms—offering a modern, move-in ready feel. Major capital improvements have already been completed on the entire property, including a new roof, gutters, exterior siding repairs, and full exterior paint in 2022, plus a new fence added in 2024. Both units are tenant occupied with separate electrical meters. Strong rental setup with one long-term tenant and one unit on a fixed lease. Opportunities like this—with major updates already done and flexible living or investment potential—don’t come up often.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Auburn
Listed
Apr 22, 2026
Financial Summary
Cap Rate
5.57%
Net Operating Income
$37,627
Gross Scheduled Income
$45,600
Gross Rent Multiplier
14.80
Total Expenses
$7,972
Building & Use
Building Sq Ft
1,780
Leasable Area
1,780 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
8,115 sqft
Year Built
1978
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1978
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Dead End Street, Paved, Sidewalk
Exterior Features
Wood
Location
City
Auburn
County
King
Coordinates
47.28348, -122.21590
Additional Information
Tax Year
2026
Annual Taxes
$6,940
Possession
Array
Based on information submitted to the MLS GRID as of May 4, 2026 5:45 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is 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. Copyright 2026 NWMLS. All rights reserved.
