Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    402 4Th St SE Auburn, WA 98002

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $699,950

    Spacious duplex with income potential in a desirable Auburn location.

    Property size:
    2,540 SF
    Lot size:
    0.23 Acres

    Property Features for 402 4Th St SE

    General Information

    Size
    2,540 SF
    Lot size
    0.23 Acres

    Building Details

    Year built
    1989

    Source: KW Mountains to Sound Realty Agent Northwest Multiple Listing Service

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Value-Add Duplex in Auburn

    This Auburn duplex offers a value-add opportunity with potential for increased rental income. Unit A is currently rented for $2,200 per month, while Unit B is rented for $1,825 per month, presenting an opportunity to increase cash flow and enhance property value. Each unit features 3 bedrooms and 2.5 bathrooms within 1,270 square feet of living space. The property includes private yards, garages, laundry facilities, and balconies for each unit. Situated on a corner lot in a walkable community, the location provides convenient access to shopping, dining, medical facilities, and transit options, with easy access to Highways 18 and 167. Recent updates include a new roof and paint in 2024. This property is suitable for investors looking to add a solid performer to their portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C & H Automotive Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    King
    State
    Washington
    Longitude
    -122.2238748
    Latitude
    47.3039559

    Nearby Similar for Sale

    • $1,100,000
      0.39 Acres

      Auburn Corner Lot with Income

      Corner lot with high visibility and income-generating espresso stand.
      34049 Military Rd S, Auburn, WA 98001
      View Details
    • $2,300,000
      8,100 SF

      Downtown Auburn Investment Opportunity

      Mixed-use property with restaurant, retail, and residential units for sale.
      104-112 E Main St, Auburn, WA 98001
      View Details
    • $3,895,000
      15 SF

      Well-Maintained Auburn Apartment Community

      16-unit apartment community built in 1988 on a 26,875-SF lot.
      3601 I St NE | Auburn, Auburn, WA 98002
      View Details
    • $925,000
      18 SF

      Historic Auburn Apartment Building Investment

      Six-unit apartment building in downtown Auburn with redevelopment potential.
      506 1St St SW | Auburn, Auburn, WA 98001
      View Details
    • $1,895,000
      1 SF

      Auburn Retail/Office Investment Property

      10,900 SF fully leased retail/office building in Auburn, WA.
      2 Auburn Way N, Auburn, WA 98002
      View Details
    • $349,950
      1,447 SF

      Charming Condo on Peaceful Lea Hill

      Well-maintained 2-bed, 2.5-bath condo with updates and attached garage.
      31308 107Th Pl SE, Auburn, WA 98092
      View Details

    FAQs

    What type of property is this?
    Duplex - Spacious duplex with income potential in a desirable Auburn location.
    Where is this duplex located?
    The property is located at 402 4Th St SE Auburn, WA.
    What is the asking price?
    The asking price for this property is $699,950.
    What are key features of this property?
    This property features: - Strong rental income with immediate upside potential from under-rented Unit B.; - Each unit features 3 bedrooms and 2.5 bathrooms with private yard, garage, laundry, and balcony.; - Desirable corner lot location in a walkable community near amenities and transit.
    Request Owner's contact information
    402 4Th St SE Auburn, WA 98002
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    402 4Th St SE
    Auburn, WA 98002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 4Th St SE Auburn, WA 98002
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.