Property Details
915 30th Street NE #1-4
Auburn, WA 98002
$800,000
Pending
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Property Overview
ATTENTION INVESTORS: FIXER/VALUE-ADD RESTORATION PROJECT! Bring your vision and maximize your returns—restore this complex to its full market potential and unlock peak equity! ADJUSTED PRICE INVESTOR ALERT… Prime Auburn Investment Opportunity! Outstanding, 4-plex featuring four spacious 2BD/1BA units in a high-demand location. Enjoy immediate stability with 100% occupancy, zero vacancy since 2023, and reliable tenants (over half have been there 10+ years). Massive upside potential—rents are currently below market, offering a clear path to increased cash flow. Some value-add updates already completed, including new windows, new sliders, and upgraded appliances. Each unit features a private 1-car garage and in-unit washer/dryer. Prime location near freeways, transit, schools, and shopping. Turnkey properties with this much growth potential are rare—don't miss out! Note: Please DO NOT DISTURB TENANTS. To maintain privacy & minimize disruption, interior tours will be granted after mutual offer acceptance.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
King
Neighborhood
Green River
Listed
Mar 26, 2026
Original Price
$950,000
Structure Type
Quadruplex
Parcel Number
2891770140
Tax & HOA
Annual Property Tax
$10,959 (2026)
Est. Monthly Tax
$913/mo
Financial Summary
Cap Rate
4.80%
Net Operating Income
$45,616
Gross Scheduled Income
$76,896
Gross Rent Multiplier
12.35
Total Expenses
$31,281
Building & Use
Leasable Area
3,806 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Year Built
1984
Exterior & Lot
Lot Size
0.25 sqft
Year Built
1984
Garage
4 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood
Community & Access
Directions
I-5 Southeast, exit 147 for S. 272nd St., use left 2 lanes to turn left onto S. 272nd St., continue onto S. 277th St., turn right onto Auburn Wy N, turn left onto 30th St. NE, destination on left
Location
City
Auburn
County
King
Coordinates
47.33422, -122.21758
Additional Information
Tax Year
2026
Annual Taxes
$10,959
Possession
Array
