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JRJeff ReynoldsCompass · Seattle

Listed by Elena Pike, Torre Realty

Multi Family
Type
1922
Year built
6,608 sq ft
Lot
396
Days on market

About this property

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.

Location & commute

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Directions

Property details

Listing details

Listing number
#2391346
Listed
June 12, 2025
Days on market
396
Original list price
$1,090,000

Unit & building

Stories in building
3
Units in building
5

Construction

Year built
1922
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
BaseboardForced Air
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
Laminate

Lot

Lot size
6,608 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

Water
City of Auburn
Sewer
City of Auburn
Power
PSE

Schools

District
Auburn
Elementary
Washington Elementary
Middle
Cascade Mid
High
Auburn Snr High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Quadruplex
  • Composition
  • Baseboard
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Laminate
  • Cash
  • Conventional
  • Owner Will Carry

Listing history

  1. Listed

    $1,090,000

    June 12, 2025

  2. Current price

    $989,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$5,759

Principal & interest
$5,001
Property tax (est.)
$758

Assumes $197,800 down (20%), a $791,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.