506 1st Street SW

Auburn, WA 98001

  • Bed

  • Bath

  • 0 SqFt

  • 154 DOM

  • Built: 1906

  • Status: Active

$925,000

X

506 1st Street SW

Auburn 98001

$925000

  • Bed

  • Bath

  • 0 SqFt

  • 154 DOM

  • Built: 1906

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Knickerbocker Mansion, a premier investment opportunity in downtown Auburn, offering strong financial upside through market rents and operational efficiencies. Ideally positioned near the I-5 / Highway 18 interchange, tenants benefit from seamless connectivity, while Auburn Train Station is just steps away, providing direct service to Seattle and Tacoma, a key draw for commuters. Auburn’s economic landscape is anchored by major employers such as Boeing, Starbucks, and Pepsi, driving sustained rental demand. Possessing 18,000 SF of land, Investors have a unique opportunity to unlock additional value through redevelopment and a potential multi-lot subdivision

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Residence Information

  • 0

  • See Remarks

  • 55 - 5-9 Units

  • 1906

  • See Remarks

Features and Utilities

  • See Remarks

  • Community

  • Sewer Connected

  • 0

Financial

  • 10269

  • Cash Out, Conventional

  • 03-11-2025

Comparable Information

  • 154

  • 154

  • Cash Out, Conventional

  • $1,050,000

  • $1,050,000

  • Aug 12, 2025 11:15

Schools

Elementary : Terminal Park E N/A Ratings
Middle : Olympic Mid N/A Ratings
High : Auburn Snr High N/A Ratings

Map

Listing courtesy of Lee & Associates Commercial RE.

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: Aug 30, 2025 03:21 | Listing last modified Aug 12, 2025 11:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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