Courtesy: COMPASS
425-242-6440
Marius Ion
Prime location Auburn 4-Plex offering durable cash flow today with meaningful upside ahead. Four identical 2 Bedroom, 1 Bathroom homes are thoughtfully laid out, with two upper residences featuring private decks and two lower residences offering private patios. Each home includes in unit washer and dryer, updated appliances and comfortable living rooms anchored by fireplaces, supporting strong long term tenant demand. Interior improvements have been completed throughout the building, highlighted by a fully renovated Unit D that sets the benchmark for future rent growth. The property provides four covered carport parking spaces plus two additional surface spaces, a valuable amenity in this high demand location. Fully fenced outdoor areas enhance privacy and tenant retention while maintaining easy property management. Rents remain below market, presenting a clear value add opportunity through future lease renewals and continued improvements. Excellent proximity to major freeways allows convenient access throughout the South Sound and greater Seattle corridor. Nearby restaurants, shopping, parks, transit, and everyday services further strengthen tenant appeal and long term occupancy. Tucked slightly off main roads, the setting feels private while remaining minutes from daily conveniences. All units are currently occupied with long term tenants, providing immediate income from day one.
Courtesy: Lee & Associates Commercial RE
206-267-1457
Nisha Smith
Calling all investors! Don’t miss this rare opportunity to own a townhome-style triplex in the highly desirable Meadow Brooke Estates, ideally located within walking distance of North Auburn’s schools, restaurants, and shopping. Each well-maintained unit offers approximately 1,187 SF with 2 bedrooms + den, 1.5 baths, in-unit laundry, individual attached garages, additional driveway parking, and access to a shared yard area. Major capital items including roof, windows, and siding have been replaced, making this a low-maintenance, turnkey investment. All three units are currently leased with historically low vacancy, providing immediate, stable cash flow. Zoned R-10, the property allows for a variety of residential uses, including short-term rental use subject to City of Auburn regulations, offering potential operational flexibility for future ownership strategies. With a 5.75% cap rate, strong in-place tenancy, and a prime location just minutes from downtown Auburn, major highways, and Green River College, this asset presents a compelling opportunity for investors seeking durability, flexibility, and long-term demand.
Courtesy: Real Broker LLC
855-450-0442
Josean Rivera
Delightfully remodeled, turn-key multifamily home ideal for investors or owner-occupants looking to house hack and build generational wealth. Both units provide an open concept 2 bed/1 bath with fresh interior paint, updated cabinets, new countertops, LVP flooring in high-traffic areas, and new carpet in all bedrooms, as well as refreshed bathrooms. Each unit includes laundry in its own 1-car garage, plus ample parking for guests and fenced back yards. Located in the heart of Auburn near shopping, freeways, schools, parks and trails. situated on a highly desired location with strong growth potential. A must see for sure. NO HOA!!! Both Sides Vacant and ready for your new tenant!
Courtesy: Horizon Real Estate
206-417-2800
Jovelyn Donato
Centrally located near schools, shopping & transit, this well-kept 6-unit complex features 1 bed/1 bath units (541 sq. ft.), each updated on turnover. $50K+ in recent renovations including new electrical panels. Extra income from on-site coin-op laundry. Each unit includes its own covered parking, plus plenty additional parking on the property. Strong rental history with low vacancy. Fully occupied. Long-term tenants are month-to-month and eager to stay. Large lot with expansion potential (buyer to verify). Whether you’re just starting out or growing your portfolio, this rare Auburn 6-plex offers stability, upside, and lasting returns. Sold as is!
Courtesy: Lee & Associates Commercial RE
206-267-1457
Daniel Lim
I Street Apartments presents a well-maintained 16-unit community in Auburn, WA, built in 1988 on a 26,875 SF C3-zoned lot between the regional hubs of downtown Auburn and Kent. This strategic location offers strong connectivity via SR-167, access to major employers, retail, transit, and growing economic activity. The unit mix includes spacious 1- and 2-bedroom layouts with in-unit laundry, balconies/patios, and updates in select units. Durable systems, 24 off-street parking stalls, and double-pane windows (2016) enhance operational stability. With strong in-place rents and minimal deferred maintenance, the property offers compelling cash flow and long-term upside via light interior upgrades.
Courtesy: Torre Realty
206-915-2399
Elena Pike
Turn-key 5 unit rental property in the heart of Auburn! This fully rented investment property is walking distance to Main Street with all the shops, restaurants and public transportation. The building has a brand new roof and siding, and all units have been recently updated—no major work needed. 100% occupancy with zero vacancies and a waitlist. Some tenants have been here for over 7 years and would love to stay. There’s off-street parking in back for up to 6 cars, plus an on-site coin-op laundry room that brings in an extra $200/month. This is a solid, low-maintenance rental property in a great location with strong tenant demand. Ready to go from day one.
Courtesy: Marketplace Sotheby's Intl Rty
425-243-9000
Bobby Harrison
Invest in this beautifully restored duplex in the heart of Downtown Auburn, an area renowned for its charm and proximity to schools, parks, public transit, and a vibrant mix of businesses. Each spacious unit features 3 bedrooms and 2 bathrooms, making them appealing for a variety of tenants. Recent upgrades including luxury vinyl plank flooring, modern appliances, and energy-efficient windows enhance value and attract quality renters. Both units offer private fenced backyards and off-street parking for up to 3 cars each, ensuring convenience for residents. With cultural events, dining, and shopping just steps away, this property presents a unique opportunity for investors seeking rental income or a multi-generational living solution.
Courtesy: Windermere Real Estate/PSR Inc
425-235-7777
William Grover
Price reduced! Investors! Unique opportunity to purchase these 4 triplexes, EACH ON IT'S OWN TAX LOT! Giving you the option to buy with individual, lower-rate residential loans if desired! These one-level units are easy to rent, offer a coin operated laundry facility for extra income, offer lots of parking, have been nicely updated and are located in a great location.
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Auburn is located in Washington. Auburn, Washington 98002has a population of 85,306. Auburn 98002 is more family-centric than the surrounding county with 36.03% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Auburn, Washington 98002 is $79,415. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Auburn 98002 is 35.6 years.
The average high temperature in July is 76.7 degrees, with an average low temperature in January of 35.4 degrees. The average rainfall is approximately 43.1 inches per year, with 4.9 inches of snow per year.
