For sale by owner
  • $350,000

    806 5th St SE, Auburn, WA 98002

    2beds
    1baths
    760sqft
    : 
    Single Family Residence
    Built in 1924
    4,120 Acres Lot
    $328,500 Zestimate®
    $461/sqft
    $-- HOA

    What's special

    Efficient footprintGenerous lot sizeDetached homeStandalone property
    Investor Alert! Premier Downtown Auburn Location: AS IS Fixer-Upper/Development Opportunity! Your chance to acquire a rarely available, standalone property in the absolute heart of Downtown Auburn is here. Located steps from major transportation and amenities, this classic, 101-year-old home is a blank slate priced to sell to a savvy investor or cash buyer seeking instant sweat equity. Sold strictly AS IS. This property is priced aggressively to reflect the need for a full renovation, but the value is truly in the unbeatable location and lot potential! Location, Location, Location: The Primary Asset This is one of the most commuter-friendly spots in all of Auburn: Sounder Train Access: A quick walk of just a few blocks gets you to the Auburn Sounder Station, providing easy, stress-free access to Seattle and Tacoma. Highway Connectivity: Less than a one-minute drive to the on-ramp for Highway 18, connecting you instantly to I-5. Walkable Lifestyle: Stroll a few blocks down the street to the beautiful Les Grove Park and enjoy all the dining, shopping, and services of vibrant Downtown Auburn. Property Details & Potential Size: 2 Bedrooms, 1 Bathroom, plus a small Bonus Room (perfect as an office or additional storage). Square Footage: 760 sq ft, making for an efficient footprint. Lot Size: Generous lot size of approximately 4,120 sq ft. Investor's Canvas: The current structure is over a century old and needs work, offering a clear path for a full custom renovation to maximize future sale price (ARV). Development Potential: Buyers are encouraged to confirm local zoning, as the prime downtown location may offer possibilities for expanded density or redevelopment. This is a lot value play with a house attached! For Sale By Owner (FSBO) - Terms Condition: Sold STRICTLY AS IS. Seller will make NO REPAIRS or provide credits. Buyer acknowledges the price reflects the condition. Target Buyer: Ideal for Cash Buyers, Hard Money Loans, or those with strong conventional financing who are comfortable with fixer-uppers. Why Buy This? This is your opportunity to purchase a detached home in an A+ location at a price point that is significantly discounted for the labor. Get instant equity and capitalize on one of the fastest-growing areas in King County. Serious, financially qualified buyers only. Don't miss this opportunity to acquire your next profitable project in a core downtown location.
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