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$480,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family

Listed by Almaz Sebsebie | John L. Scott, Inc | (253) 852-9200

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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!

Full Property Details for 507 L St SE

General

  • Price: $480,000
  • Taxes: $5,722 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2457435
  • Updated: 1/4/2026
  • Added to Site: 55 day(s) ago

Interior

  • Flooring: Vinyl Plank

Additional Information

  • Amenities: Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 2

Location

  • Area: 310 - Auburn
  • County: King
  • Subdivision: South Auburn
  • Driving Directions: Use GPS - once you arrive, go around the corner to the alley entrance. See the 'sign.

School Information

  • High School District: Auburn
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Auburn Snr High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood
  • Foundation: Slab
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 1,680
  • Year Built: 1968
  • Property Condition: Good

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.1759
  • Lot Size (Sq. Ft.): 7,663
  • Lot Size Source: Public Records
  • Lot Features: Dead End Street

Financial Considerations

  • Tax Amount: $5,722
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7116000660

Listed by Almaz Sebsebie | John L. Scott, Inc | (253) 852-9200

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 507 L St SE

School District:Auburn School District
NameGradesDistance
Terminal Park Elementary School
1825 K Street Southeast, Auburn, WA 98002
PK-50.8 mi
Olympic Middle School, Auburn, WA
839 21st Street Southeast, Auburn, WA 98002
6-80.9 mi
Auburn Senior High School
711 East Main Street, Auburn, WA 98002
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 507 L St SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2025
Listed
$480,000
60.54%
MLS
7/06/2018
Sold
$299,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 507 L St SE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,326
—
$478,000
7%
2024
$5,326
3%
$447,000
—
2022
$5,169
16%
$447,000
26%
2021
$4,456
—
$355,000
13%
2021
$4,456
10%
$313,000
11%
2020
$4,056
10%
$283,000
-3%
2019
$3,702
-23%
$293,000
-4%
2018
$4,788
22%
$306,000
23%
2017
$3,924
20%
$249,000
14%
2016
$3,269
1%
$219,000
4%
2015
$3,231
18%
$210,000
27%
2014
$2,748
—
$166,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Almaz Sebsebie | John L. Scott, Inc | (253) 852-9200

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507 L Street SE, Auburn, WA 98002 (MLS# 2457435) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 507 L Street SE is currently listed for $480,000 and was received on November 24, 2025. Want to learn more about 507 L Street SE? Do you have questions about finding other Multi-Family real estate for sale in Auburn? You can browse all Auburn real estate or contact a Coldwell Banker agent to request more information.

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