507 L St SE

Auburn, WA 98002

$455,000
Last Sold Price
4
Beds
2
Baths
1,680 Sq. Ft.
$271 / Sq. Ft.
1,680
Sq. Ft.
$271
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 1/30/26
Sold 1/30/26
Listing provided courtesy of John L. Scott, Inc, Better Properties NW
Source: Northwest MLS

Description

Possibly the best duplex deal in all of Auburn! Don’t miss this outstanding investment opportunity in a quiet South Auburn neighborhood. The 509 unit shines with a full renovation, including fresh paint, new flooring, and a brand-new refrigerator and dishwasher. The kitchen has been tastefully updated with modern cabinets, countertops, a new sink, and faucet. The second unit is occupied by a long-time tenant at $1,650/month, offering immediate, reliable rental income. The property also provides ample...Possibly the best duplex deal in all of Auburn! Don’t miss this outstanding investment opportunity in a quiet South Auburn neighborhood. The 509 unit shines with a full renovation, including fresh paint, new flooring, and a brand-new refrigerator and dishwasher. The kitchen has been tastefully updated with modern cabinets, countertops, a new sink, and faucet. The second unit is occupied by a long-time tenant at $1,650/month, offering immediate, reliable rental income. The property also provides ample parking with convenient covered carport spaces. A rare find and an exceptional opportunity for both investors and owner-occupants!
  1. Listed by Almaz Sebsebie • John L. Scott, Inc

Property Details for 507 L Street Southeast

Community Name
South Auburn
School District
Auburn
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
11-24-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 03/02/2026 04:04 AM

Property Details for 507 L Street Southeast

StatusSold
MLS #2457435
Days on Market39
Cumulative Days on Market122
Taxes$5,722 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.18 AC / 7,663 SF
CountyKing County
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Location

Listing Courtesy of John L. Scott, Inc

Sold By Better Properties NW

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Building Information for 507 L Street Southeast

Stories1Residences2Year Built1968Building Size-Lot Size0.18 AC / 7,663 SF

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$2,694 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,218

Property Taxes

$477

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 507 L Street Southeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially
  • Area: 310 - Auburn
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Auburn Snr High
  • Effective Year Built Source: Public Records
  • Directions: Use GPS - once you arrive, go around the corner to the alley entrance. See the 'sign.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • 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
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2160
  • 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: Slab
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1968
  • Photos Count: 15
Lot Information
  • Lot Details: Dead End Street
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 7116000660
  • Building Condition: Good
  • Calculated Square Footage: 1680
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1680.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 80
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 12892
  • Gross Adjusted Income: 25318
  • Gross Rent Multiplier: 12.7
  • Gross Scheduled Income: $43,200
  • Insurance Expense: $5,010
  • Net Operating Income: $25,318
  • Other Expenses: $0
  • Total Monthly Income: 3600
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 507
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 840
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 509
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 840
  • Rent Unit 2: $2,000.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1680.0

Property History for 507 L Street Southeast

DateEvent & SourcePriceAppreciation
Jan 30, 2026

Sold (Public Record)

Public Record #1927286042

$455,000

+5.7% / yr

Jan 30, 2026

Sold

NWMLS #2457435

$455,000—
Jan 2, 2026

Pending

NWMLS #2457435

—
Nov 24, 2025

Listed (Active)

NWMLS #2457435

$480,000—
Jul 9, 2018

Sold (Public Record)

Public Record #625794322

$299,000

+2.9% / yr

Jul 9, 2018

Sold

NWMLS #1301249

$299,000—
Jun 11, 2018

Pending

NWMLS #1301249

—
Jun 3, 2018

Listed (Active)

NWMLS #1301249

$299,000—
Dec 27, 2004

Sold (Public Record)

Public Record #149450414

$203,500—
DateEvent & SourcePrice
01/30/2026

Sold (Public Record)

Public Record #1927286042

$455,000

+5.7% / yr

01/30/2026

Sold

NWMLS #2457435

$455,000
01/02/2026

Pending

NWMLS #2457435

—
11/24/2025

Listed (Active)

NWMLS #2457435

$480,000
07/09/2018

Sold (Public Record)

Public Record #625794322

$299,000

+2.9% / yr

07/09/2018

Sold

NWMLS #1301249

$299,000
06/11/2018

Pending

NWMLS #1301249

—
06/03/2018

Listed (Active)

NWMLS #1301249

$299,000
12/27/2004

Sold (Public Record)

Public Record #149450414

$203,500

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

Public Records for 507 L Street Southeast

Taxable ValueLand$132,000Additions$346,000Total$478,000
Tax Record2024$5,722 ($477 / month)
Home Facts
Baths2Total Finished SqFt1,680 SqFtAbove Ground SqFt1,680 SqFtStories1Lot Size7,663 SqFtStyleDuplexYear Built1968ZoningR7CountyKINGAPN711600-0660

Schools near 507 L Street Southeast

This home is within Auburn School District.
Rating
School
Type
Grades
Distance
Terminal Park Elementary School
Public - PK to 5
Olympic Middle School
Public - 6 to 8
Auburn Senior High School
Public - 9 to 12
Special Ed School
Public - PK to 12
Rating
School
Distance
Terminal Park Elementary School
PublicPK to 5

Olympic 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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 John L. Scott, Inc

Based on information submitted to the MLS GRID as of 03/02/2026 04:04 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.