903 31st Street NE, Auburn, WA 98002
- $1,000,000
- 3,806
- SqFt
Listing courtesy of Skyline Properties, Inc..
- List Price
- $1,000,000
- Status
- ACTIVE
- MLS#
- 2548746
- Days on Market
- 25
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,806
- Area Total SqFt
- 3806
- Annual Tax Ammount
- 10671.17
- Lot Size (sq ft)
- 9,600
- Sewer
- Sewer Connected
Property Description
Here's your opportunity to acquire a well-maintained, fully occupied 4-plex offering immediate cash flow from day one. Unique townhome configuration to each unit offers spacious living areas and attractive layouts that support strong tenant retention. Units are each 2 bedrooms and 1 bath, feature laminate flooring, and a 1-car garage. The property benefits from its proximity to major commuting routes, shopping, schools, public transportation, and employment centers throughout Auburn, Kent, and the greater South King County market. The property's desirable location and multi-family configuration make it an excellent addition to an investment portfolio or a strong entry into the Puget Sound multi-family market.
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Additional Information
- List Date
- 2026-07-03 21:09:13
- Community
- Auburn
- Net Operating Income
- $6,799,242
- Gross Adjusted Income
- $92,352
- Gross Scheduled Income
- $92,352
- Total Monthly Income
- $7,696
- Insurance Expenses
- $3,364
- Water/Sewer/Garbage Expenses
- $3,964
- Gross Rent Multiplier
- 10.8
- Total Expenses
- $24,359
- Cap Rate
- 6.8
- Total Number of Units
- 4
- Unit Name
- 903
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1984
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Other Expenses
- 6360
- Energy Source
- Electric
- School District
- Auburn
- Total Monthly Income
- $7,696
- Gross Scheduled Income
- $92,352
- Gross Adjusted Income
- $92,352
- Tax Year
- 2025
- Insurance Expense
- $3,364
- W/S/G Expenses
- $3,964
- Total Expenses
- $24,359
- Net Operating Income
- $6,799,242
- Gross Rent Multiplier
- 10.8
- Cap Rate
- 6.8
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.