501 37th Street SE

Auburn, WA 98002

  • Bed

  • Bath

  • 4064 SqFt

  • 1 DOM

  • Built: 1980

  • Status: Active

$1,100,000

X

501 37th Street SE

Auburn 98002

$1100000

  • Bed

  • Bath

  • 4064 SqFt

  • 1 DOM

  • Built: 1980

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 4064

  • Metal

  • 54 - 4-Plex

  • 1980

Features and Utilities

  • Wood Products

  • Public

  • Sewer Connected

  • 0

Financial

  • 9052

  • Cash Out, Conventional, FHA, Owner Financing

  • 09-25-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional, FHA, Owner Financing

  • $1,100,000

  • $1,100,000

  • Sep 25, 2025 21:33

Schools

Map

Listing courtesy of COMPASS.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Sep 26, 2025 13:23 | Listing last modified Sep 25, 2025 21:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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