27
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Listed by COMPASS
$1,035,000
Est. payment /mo
8 Beds
6 Baths
4,064 SqFt
New
421 37th ST 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
Square Footage 4,064 sqft
Price per Sqft $254
Subdivision Auburn
MLS Listing ID 2436604
Style 54 - 4-Plex
Bedrooms 8
Year Built 1980
Annual Tax Amount $9,354
Lot Size 0.281 Acres
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 5.97% cap rate, with a projected increase to 6.24% by Nov 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. All units are fully occupied.
Location
State WA
County King
Area 310 - Auburn
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Metal
Building
Sewer Sewer Connected
New Construction No
Schools
School District Auburn
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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