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501 37th Street SE Auburn, WA 98002
Listing 2436601
$1,100,000
  • Status Exclusive Listings
  • Property Type Exclusive Listings

About This Property

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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