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Listed by:SASH Realty • Andrea Clibborn

$685,000

Est. payment - /mo

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5 Beds

4 Baths

2,332 SqFt

New

327 S ST SE Auburn, WA 98002

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,332 sqft

Price per Sqft $293

Subdivision Auburn

MLS Listing ID 2517137

Style 54 - 4-Plex

Bedrooms 5

Year Built 1960

Annual Tax Amount $7,790

Lot Size 9,132 Sqft

Property Sub-Type Multi Family

Property Description

A wonderful four-plex investment opportunity awaits on this South Auburn dead end street. Owner operator has enjoyed managing this property for the past 26 years. This one-story complex has four total units with three apartments that are one bedroom apartments and one with two bedrooms. The two bedroom unit has recently been vacated and is available for viewing. The 2-bedroom unit has new carpet and interior paint and does have space for a range and refrigerator but buyer will need to supply those appliances. Two units have good sized fenced back yards and two units have smaller fenced areas on the side yard. The building is located close to downtown and property offers ample off-street parking. The complex provides a laundry room, with a coin-op washer and dryer included, as well as a mechanical room. Three long-term, month-to-month tenants have stated they would like to stay. Current tenants paying under market rent so great potential for increased upside. Financial numbers shown in the listing were provided by the owner from 2025 and reflect some vacancy in the 2 bedroom unit. Owner has elected to sell prior to renting out this unit. Building total square footage is 2332 and unit square footage has been estimated and not measured. Priced under tax assessed value! Buyer to verify all information to their own satisfaction.

Location

State WA

County King

Area 310 - Auburn

Interior

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

Amenities Available Fenced-Partially, Gas Available

View Y/N No

Roof Type Composition

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Auburn

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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