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$1,100,000
22 Days On Site
501 37th Street SEAuburn, WA98002
For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,064
SqFt
$271
/SqFt
1980
Built
Cumulative Days On Market:
23
Subdivision:
Auburn
County:
King
Courtesy of NWMLS
Listing courtesy of Erich Bubbel of COMPASS
Listing courtesy of Erich Bubbel of COMPASS
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Call Now: 253-268-1714
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253-268-1714



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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 5.49% cap rate, with a projected increase to 5.91% 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. Seller financing available. All units are fully occupied.
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Listing Snapshot
Price
$1,100,000
Days On Site
22 Days
Bedrooms
N/A
Inside Area (SqFt)
4,064 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2169 Acres
Year Built
1980
MLS® Number
2436601
Status
Active
Property Tax
$9,052
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
3 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Listing first seen on site |
General Features
Acres
0.2169
Additional Property Use
Multi-Family
Number Of Stories
2
Parking Spaces
8
Property Sub Type
Multi Family
SqFt Total
4064
Utilities
Sewer Connected
Water Source
Public
Zoning
Multi-Family
Interior Features
Heating
ElectricForced Air
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Exterior Features
Construction Details
Wood Siding
Lot Features
Paved
Roof
Metal
View
Territorial
Waterview
Territorial
Community Features
Financing Terms Available
ConventionalFHA
MLS Area
310 - Auburn
School District
Auburn
Schools
School District
Auburn
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Erich Bubbel of COMPASS

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-10-18 04:47 AM PDT
Listing courtesy of Erich Bubbel of COMPASS

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-10-18 04:47 AM PDT
Neighborhood & Commute
Source: Walkscore
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