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  • Cell - 360.239.5740

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Listing provided courtesy of Torre RealtyNWMLSMLS# NWM2391346MLS Provider
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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.

Source: NWMLS, MLS#: NWM2391346

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  • Property Type
    Residential Income
  • Lot
    0.15 acres

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Cherie McNeal

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  • Median Age
    36
  • Population Density
    4,666
  • College Educated
    28%
  • Estimated Median Income
    $59,097
  • Estimated Total Home Owners
    6,151
  • Estimated Total Renters
    7,011
  • Owner / Renter Divide
    47% / 53%
  • Estimated Average Household Size
    3
  • Total Population
    33,947
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 306 2nd ST NE

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/20/2026Source: NWMLS Price Reduction
$989,000 -0.6%
2/5/2026Source: NWMLS Price Reduction
$995,000 -0.4%
9/12/2025Source: NWMLS Price Reduction
$999,000 -2.5%
8/27/2025Source: NWMLS Price Reduction
$1,025,000 -6.0%
6/12/2025Source: NWMLS Added to Database
June 12, 2025