429 37th ST SE Active Save Request In-Person Tour Request Virtual Tour
Auburn,WA 98002
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,064 sqft
Price per Sqft $254
Subdivision Auburn
MLS Listing ID 2436608
Style 54 - 4-Plex
Bedrooms 8
Year Built 1980
Annual Tax Amount $9,052
Lot Size 9,450 Sqft
Property Sub-Type Multi Family
Property Description
Prime 4-unit multifamily property in Auburn, WA, featuring spacious 2-bed, 1.5-bath units, each 1,016 SF, with large back patios and secure storage. Boasting a 6.25% cap rate, with a projected increase to 6.33% by Dec 1, 2025, due to scheduled rent increases. W/D hookups, extra storage unit on back patios, Newly painted in Sept 2025 with durable metal roofs for low maintenance. Ideal location near Seattle-Tacoma amenities. Perfect for owner occupied investors as one unit is vacant.
Location
State WA
County King
Area 310 - Auburn
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Metal
Building
Sewer Sewer Connected
New Construction No
Schools
School District Auburn
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional