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JRJeff ReynoldsCompass · Seattle

Listed by Steve Fischer, Northmarq Multifamily, LLC

3,784
Square feet
$291
Per sq ft
Multi Family
Type
1981
Year built
10,928 sq ft
Lot
19
Days on market

About this property

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, LVP 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.

Location & commute

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Directions

Property details

Listing details

Listing number
#2545347
Listed
June 24, 2026
Days on market
19
Price per sq ft
$291

Unit & building

Stories in building
2
Units in building
4

Parking

Total spaces
4

Views

View
Territorial

Construction

Year built
1981
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl PlankCarpet

Lot

Lot features
Corner LotCul-De-SacDead End StreetPavedSidewalk
Lot size
10,928 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
City of Auburn
Sewer
Waste Management of WA

Schools

District
Auburn

What stands out to you?

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  • Territorial
  • Quadruplex
  • Composition
  • Wall Furnace
  • None
  • Electric
  • Vinyl Plank
  • Carpet
  • Corner Lot
  • Cul-De-Sac
  • Dead End Street
  • Paved

Listing history

  1. Listed

    $1,100,000

    June 24, 2026

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

$6,405

Principal & interest
$5,562
Property tax (est.)
$843

Assumes $220,000 down (20%), a $880,000 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 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.