Property Details
306 2nd ST NE
Auburn, WA 98002
$995,000
Active
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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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Auburn
Listed
Jun 12, 2025
Original Price
$1,090,000
Interior Features
Bathrooms
0.0
Stories
3
Exterior & Lot
Lot Size
0.15 sqft
Year Built
1922
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Community
Exterior Features
Wood, Wood Products
Location
City
Auburn
County
King
Coordinates
47.30895, -122.22529
Schools
School District
Auburn
Elementary School
Washington Elementary
Middle School
Cascade Mid
High School
Auburn Snr High
Additional Information
Tax Year
2024
Annual Taxes
$6,607
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of April 25, 2026 5:11 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.
