429 37th ST SE Active

Auburn,WA 98002

$ 1035000

8 Beds

6 Baths

4064 SqFt


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

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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