Courtesy: Summit Properties NW LLC
425-451-3342
Richard Butenko
Excellent investment opportunity in Auburn! This well-maintained 4-plex with 4 - 2BD 1 BA units offers a low maintenance fully occupied asset that is never vacant. New exterior paint and units A, C, and D have been recently remodeled. Opportunity to increase cash flow through remodel of unit B, utility bill back for water/sewer/garbage, and renting the on-site storage shed. With garages for each unit, laundry, and ample parking, this asset offers solid long-term cash flow and strong upside. Conveniently located near freeways, transit, schools, and amenities. Inside tours only after mutual agreement. Please do not disturb tenants. Also check out MLS #2544201 and #2544496 to package a complete portfolio.
Courtesy: Summit Properties NW LLC
425-451-3342
Richard Butenko
Rare opportunity to own a well-maintained duplex in Auburn! 2 BR 1 BA units with updated flooring and garages with in-unit laundry. All on one level. Fully occupied and never vacant with constant inquiries and referrals. Conveniently located near schools, transit, freeways and amenities. Major capital improvements have already been completed on the entire property, including a new roof and fencing around each unit. Both units are tenant occupied with separate electrical meters. Opportunity to increase cash flow through increased rent and utility bill-back for water/sewer/garbage. Garbage already on separate bills. Inside tours only after mutual agreement. Please do not disturb tenants. Check out MLS #2543610 and #2544496 to package a complete portfolio.
Courtesy: Skyline Properties, Inc.
425-455-2065
Eric Johnson
Here's your opportunity to acquire a well-maintained, fully occupied 4-plex offering immediate cash flow from day one. Unique townhome configuration to each unit offers spacious living areas and attractive layouts that support strong tenant retention. Units are each 2 bedrooms and 1 bath, feature laminate flooring, and a 1-car garage. The property benefits from its proximity to major commuting routes, shopping, schools, public transportation, and employment centers throughout Auburn, Kent, and the greater South King County market. The property's desirable location and multi-family configuration make it an excellent addition to an investment portfolio or a strong entry into the Puget Sound multi-family market.
Courtesy: eXp Realty
888-317-5197
Laura Melsness
Rare Auburn property featuring two separate homes on one lot with individual driveways, separate entrances, and fully fenced private yards. On a 10,724 sq. ft. corner lot, this unique property offers multiple strategies for investors, multigenerational living, or owner-occupants looking to offset their mortgage with rental income. Each home offers 2 bedrooms and 1 bath, creating strong rental appeal. Ample off-street parking, RV parking, gated entry, and room for future improvements add to the property's long-term value. Unit 1, built in 1940 and is 660 Sq Ft. features a carport and covered deck, fully fenced private yard. Unit 2 Built in 1941 is 680 Sq Ft and includes a storage shed and efficient mini-split heating and cooling system, fully fenced private yard. Both Units are 2 bedroom, 1 Bath, each is on their own meter and each have A/C. Conveniently located near schools, shopping, dining, and major commuter routes. Properties with two detached residences, separate access points, and flexible living arrangements are increasingly difficult to find. Whether you're looking to expand your portfolio, generate dual rental income, explore house-hacking opportunities, this property offers exceptional versatility. Bring your vision and unlock the possibilities.
Courtesy: Lee & Associates Commercial RE
206-773-2696
Nisha Tomar
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: Pellego, Inc.
425-441-3180
Vadym Kriuchek
Exceptional investment opportunity featuring a 4-plex in a heart of Auburn w/ all identical 2-bedroom, 1-bath units—two upper units with decks and two lower units with patios and Large backyards! Each unit includes in-unit washer/dryer, dishwasher, and a cozy living room with fireplace. Recent updates include Fresh Exterior Paint and new Perimeter Fencing. Unit A has been recently updated, ideal for a new tenant or owner-occupant looking to House Hack! Each unit has a dedicated covered carport spot, plus two additional surface spaces, street parking, and a gravel area that can be turned into more parking (Buyer to verify). Three units are occupied by long-term tenants with below-market rents, offering clear potential for increased cash flow! Convenient Downtown Auburn location close to amenities. Add to your portfolio or start a new one! Sale subject to tenant rights.
Courtesy: Northmarq Multifamily, LLC
952-356-0100
Steven Fischer
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, L VP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.
Courtesy: RE/MAX Elite
425-245-7179
Zachary Hensrude
This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!
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: 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: 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.
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Auburn is located in Washington. Auburn, Washington has a population of 85,306. Auburn is more family-centric than the surrounding county with 37.61% 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 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 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.
