$1,280,000
Est. $7,090/mo1020 A Street SE, Auburn, WA 98002
• Listed May 4, 2026•30 days active · 30 cumulative
Listing Broker: Kidder Mathews; Kevin G. Verger; 206-946-9425; kevin.verger@kidder.com
Talk to a local RexMont expert
A local broker replies within minutes
Listing Broker: Kidder Mathews; Kevin G. Verger; 206-946-9425; kevin.verger@kidder.com
About this home
This asset offers investors and owner/users the rare combination of immediate cash flow, flexible occupancy, and meaningful value-add potential. The property is currently 60% occupied and generates a 7.00% in-place cap rate, providing stable income from the current tenants, creating a clear path to increased income through lease-up or direct owner occupancy. Attractive In-Place Yield - Offered at a compelling 7.00% going-in cap rate, providing immediate cash flow from established tenancy. Clear Value-Add Through Lease-Up - Currently 60% occupied, offering investors a clear path to increase income and value through lease-up of the remaining office suites. Owner-User Flexibility - Ideal for an owner-occupant seeking a professional office presence while offsetting occupancy costs through rental income from existing retail tenants. Flexible Use Potential - Second-floor office layout is well-suited for professional services, medical, or administrative users. Strong Traffic Exposure - Exceptional visibility to 25,000+ average daily vehicles, supporting retail tenant performance, enhancing signage presence, and increasing long-term leasing appeal. Excellent Regional Connectivity - Located just minutes from SR 167, providing access to SR 18, I-5, and I-405, supporting tenant accessibility, employee commuting, and long-term leasing demand.
Listed by Kevin G. Verger • Kidder Mathews
Listing updated: September 21, 2026 at 09:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2518114
Around this home
How much should you offer?
1020 A Street SE, Auburn, WA 98002
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Retail
Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 7,150 sq ft
- Year built
- 1979
Parking & site
- Acres
- 0.28 acres
- Lot square feet
- 12,185 sq ft
- Zoning jurisdiction
- City
Income & lease
- Net operating income
- $89,647
- Cap rate
- 7%
Taxes & terms
- Financing
- Cash
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 1020 A Street SE
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- May 4, 2026ListedNWMLS via MLS Grid · #2518114$1,280,000
- Jun 2, 2022SoldNWMLS via MLS Grid · #1860524$1,350,000
- Dec 22, 2021PendingNWMLS via MLS Grid · #1860524$1,350,000
- Nov 2, 2021ListedNWMLS via MLS Grid · #1860524$1,350,000
Mortgage payment forecast
$8,370 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Kidder Mathews; Kevin G. Verger; 206-946-9425; kevin.verger@kidder.com
Market pulse
Auburn is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 68 days.
Recent sales nearby
Within 1 mile · last 6 months$400,000 Sold
4 days ago
2 bd•1.75 ba•~1,242 sq ft•Single Family
1811 F Street SE #14, Auburn, WA 98002
0%
Over list
31
Days on market
0.5 mi
Distance
$560,000 Sold
5 days ago
3 bd•1.5 ba•~1,570 sq ft•Single Family
1225 22nd Street SE, Auburn, WA 98002
1%
Over list
49
Days on market
1.0 mi
Distance
$683,000 Sold
2 weeks ago
•Single Family
402 4th Street SE, Auburn, WA 98002
1%
Over list
26
Days on market
0.4 mi
Distance
$475,000 Sold
3 weeks ago
2 bd•1 ba•~1,040 sq ft•Single Family
128 14th Street SE, Auburn, WA 98002
0%
Over list
43
Days on market
0.2 mi
Distance
$347,000 Sold
3 weeks ago
2 bd•1 ba•~640 sq ft•Single Family
813 SE 2nd Street, Auburn, WA 98002
7%
Over list
18
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 20, 2026 at 8:34 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
