2502 I Street Northeast

Auburn, WA 98002

$1,150,000
Price
8
Beds
4
Baths
3,696 Sq. Ft.
$311 / Sq. Ft.
3,696
Sq. Ft.
$311
per Sq. Ft.

Description

Beautifully maintained 4-plex, always occupied with spacious units featuring private garages, ample storage, fireplaces, and extra parking in a charming setting with mature landscaping. Each unit includes two bedrooms, one bath, a cozy fireplace, and ranges in size from 800-1200 SF. With an excellent rental history and minimal vacancies, this property is a prime investment opportunity. The building has double-pane windows and washer/dryer hookups. All 2BD units have been meticulously cared for. Composite...Beautifully maintained 4-plex, always occupied with spacious units featuring private garages, ample storage, fireplaces, and extra parking in a charming setting with mature landscaping. Each unit includes two bedrooms, one bath, a cozy fireplace, and ranges in size from 800-1200 SF. With an excellent rental history and minimal vacancies, this property is a prime investment opportunity. The building has double-pane windows and washer/dryer hookups. All 2BD units have been meticulously cared for. Composite decking adds to the property’s durability. Two identical 4-plexes are available, offering a total of 8 units. This is a rare chance to acquire a well-kept, consistently occupied investment property. Don’t miss this opportunity!
  1. Listed by Larissa Butler • Keller Williams Realty PS

Property Details for 2502 I Street Northeast

Community Name
Auburn
School District
Auburn
View
Territorial
Number of Assigned Spaces
11
Total Covered Parking
4
Entry Date
08-15-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/12/2024 02:13 PM

Property Details for 2502 I Street Northeast

StatusActive
MLS #2277541
Days on Market128
Cumulative Days on Market128
Taxes$9,616 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1980
Lot Size0.21 AC / 9,199 SF
CountyKing County

Building Information for 2502 I Street Northeast

Stories2Residences4Year Built1980Building Size-Lot Size0.21 AC / 9,199 SF

Property Information for 2502 I Street Northeast

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Fenced-Partially
  • Area: 310 - Auburn
  • Block: 2
  • Elementary School: Dick Scobee Elem
  • Middle Or Junior School: Cascade Mid
  • High School: Mountainview High
  • Effective Year Built Source: Public Records
  • Directions: Hwy 167; Algona/Pacific exit; E onto Ellingson Rd; L onto A st SE; R onto 37th St SE; L onto I St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Storage,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5246
  • Power Company: PSE
  • Sewer Company: City of Auburn
  • Water Company: City of Auburn
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1996
  • Photos Count: 8
Lot Information
  • Lot Details: Curbs, Dead End Street, Paved, Sidewalk
  • Lot Size Dimensions: 80' x 115'
  • Lot Number: 7-10
  • Lot Size Source: Realist
  • Parcel Number Free Text: 5125400360
  • Building Condition: Good
  • Calculated Square Footage: 3696
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3696.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 23347
  • Gross Adjusted Income: 61193
  • Gross Rent Multiplier: 13.6
  • Gross Scheduled Income: $84,540
  • Insurance Expense: $2,356
  • Net Operating Income: $61,193
  • Other Expenses: $6,129
  • Total Monthly Income: 7045
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 924
  • Rent Unit 1: $1,795.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 924
  • Rent Unit 2: $1,750.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 924
  • Rent Unit 3: $1,750.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 924
  • Rent Unit 4: $1,750.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3800.0
  • Leasable Area Units: Square Feet

Property History for 2502 I Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2502 I Street Northeast

Taxable ValueLand$90,000Additions$749,000Total$839,000
Tax Record2022$9,616 ($801 / month)
Home Facts
Total Finished SqFt3,696 SqFtAbove Ground SqFt3,696 SqFtStories2Lot Size9,199 SqFtStyleMulti-Family Dwelling (2-4)Year Built1980Year Renovated1996ZoningR20CountyKINGAPN512540-0360Fireplace TypeHas Fireplace

Schools near 2502 I Street Northeast

This home is within Auburn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Dick Scobee Elementary School
PublicPK to 5

Cascade Middle School
Public6 to 8

Auburn Senior High School
Public9 to 12

Special Ed School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2502 I Street Northeast is a multi-family home for sale in Auburn, WA 98002. This property was listed for sale on August 15, 2024 by Keller Williams Realty PS, it's currently listed at $1,150,000. It has been on the market for a total of 128 days and was last sold on August 29, 2011. This listing's school district is Auburn School District. Nearby schools include Dick Scobee Elementary School, Cascade Middle School and Auburn Senior High School. 2502 I Street Northeast is a 8-bed, 4-bath, 3,696 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty PS

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.