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Listed by Northmarq Multifamily, LLC
$1,095,000
Est. payment /mo
8 Beds
4 Baths
9,603 Sqft Lot
Active
3834 D PL SE Auburn, WA 98002
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Auburn
MLS Listing ID 2397211
Style 54 - 4-Plex
Bedrooms 8
Year Built 1981
Annual Tax Amount $8,674
Lot Size 9,603 Sqft
Property Sub-Type Multi Family
Property Description
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-unit property features 2-BD / 1-BTH units, each 940SF with full size W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. All units have undergone interior renovations, including SS appliances, LVP flooring, refaced cabinetry, updated lighting fixtures, and modern bathroom vanities. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare opportunity to acquire a stabilized property with additional upside potential—rents are estimated to be 10% below market.
Location
State WA
County King
Area 310 - Auburn
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Metal/Vinyl
Amenities Available Deck, Fenced-Partially, Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Cul-De-Sac, Dead End Street, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Auburn
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA

"Three Trees" icon indicates a listing provided courtesy of NWMLS.