421 37th Street SE Auburn, WA 98002
421 37th Street SE
Auburn, WA 98002
$1,035,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Auburn
4-Plex
Exterior: Wood Products
Roof: Metal
Year Built: 1980
2025 Taxes: $9354.00
Buyer Broker Comp.: 2.5%
Listing #: 2436604
Lot Details
Lot Size: 0.28 acres
No. of Units: 4
Interior
Cooling: None
Heating: Forced Air, Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 421 37th Street SE Auburn, WA 98002?

Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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