Skip to content
JRJeff ReynoldsCompass · Seattle

Listed by Deborah A Hanes, Blue Summit Realty LLC

Multi Family
Type
1984
Year built
11,031 sq ft
Lot
88
Days on market

About this property

ATTENTION INVESTORS: FIXER/VALUE-ADD RESTORATION PROJECT! Bring your vision and maximize your returns—restore this complex to its full market potential and unlock peak equity! ADJUSTED PRICE INVESTOR ALERT... Prime Auburn Investment Opportunity! Outstanding, 4-plex featuring four spacious 2BD/1BA units in a high-demand location. Enjoy immediate stability with 100% occupancy, zero vacancy since 2023, and reliable tenants (over half have been there 10+ years). Massive upside potential—rents are currently below market, offering a clear path to increased cash flow. Some value-add updates already completed, including new windows, new sliders, and upgraded appliances. Each unit features a private 1-car garage and in-unit washer/dryer. Prime location near freeways, transit, schools, and shopping. Turnkey properties with this much growth potential are rare—don't miss out! Note: Please DO NOT DISTURB TENANTS. To maintain privacy & minimize disruption, interior tours will be granted after mutual offer acceptance.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2495621
Listed
March 26, 2026
Days on market
88
Original list price
$950,000

Unit & building

Unit
1-4
Stories in building
2
Units in building
4

Parking

Covered spaces
4
Total spaces
8

Views

View
Territorial

Construction

Year built
1984
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
LaminateVinylCarpet

Lot

Lot features
Paved
Lot size
11,031 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
Seattle Public Utilities
Sewer
City of Auburn
Power
PSE

Schools

District
Auburn
Elementary
Evergreen Heights El
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.

  • Territorial
  • Quadruplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Laminate
  • Vinyl
  • Carpet
  • Paved
  • Cash
  • Conventional

Listing history

  1. Listed

    $950,000

    March 26, 2026

  2. Current price

    $800,000

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

$4,658

Principal & interest
$4,045
Property tax (est.)
$613

Assumes $160,000 down (20%), a $640,000 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 13, 2026 at 11:15 PM 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.