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2250 I Street NE, Auburn, WA, 98002

8beds
4baths
3,000sqft
$900,000
$300price/sqft
$5,839/moest. monthly cost
$233,560/yrincome needed

About This Home

This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!

Getting Around

70
WalkingVery Walkable
34
TransitSome Transit
77
BikeVery Bikeable

Schools

4/10
4/10
Cascade Middle SchoolGrades 6-80.2 mi
4/10

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: 4-Plex
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Flooring: Laminate,Carpet

Heating & Cooling

  • Heating features: Wall Unit(s),Electric
  • Cooling features: None

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 5125400455
  • Zoning description: Multi-Family,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 8,799 sqft
  • Features: Cul-De-Sac,Paved,Sidewalk

Parking

  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$209$2,508
Property Taxes $875$10,500
Electricity $205$2,462
Total$5,839$70,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$200,194/yr
40% on housing$175,170/yr
45% on housing$155,706/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 98002$194
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98002$351
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-03Listed for sale$900,000
2018-12-20Sold$575,000
2018-11-27Pending sale$550,000
2002-11-14Sold$250,000
1995-07-13Sold$160,000

For Sale by Agent

AgentZachary Hensrude
BrokerageRE/MAX Elite

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