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$1,100,000
22 Days On Site

501 37th Street SE
Auburn, 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

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253-268-1714
501 37th Street SE501 37th Street SE501 37th Street SE501 37th Street SE
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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
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing 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

Neighborhood & Commute
Source: Walkscore
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