Listed by Nisha A Tomar, Lee & Associates Commercial RE
- Land
- Type
- 40,017 sq ft
- Lot
- 0
- Days on market
About this property
Auburn 55 presents a compelling 55-unit multifamily development opportunity on approximately 0.92 acres in North Auburn. The generally level infill site is currently planned for a four-story, elevator-served apartment community with 67 parking stalls, including 37 covered spaces. R-NM zoning supports multifamily development, and substantial preliminary work has already been completed, including conceptual plans, a feasibility and market study, development budget, surveys, and additional due diligence materials. Convenient access to SR-167, SR-18, Auburn Station, and the future RapidRide I Line provides strong connectivity to major South King County employment and transit hubs, creating an attractive opportunity for developers seeking a well-positioned infill multifamily project.
Location & commute
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Property details
Listing details
- Listing number
- #2583821
- Listed
- September 17, 2026
- Days on market
- 0
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot features
- Corner LotSidewalk
- Lot size
- 40,017 sq ft
Terms
- Terms offered
- AssumableCash
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- In Street
- Sewer
- In Street
Schools
- District
- Auburn
What stands out to you?
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- None
- Corner Lot
- Sidewalk
- Assumable
- Cash
- Electricity Available
- Natural Gas Available
- In Street
Listing history
Listed
$1,375,000
September 17, 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
$8,007
- Principal & interest
- $6,953
- Property tax (est.)
- $1,054
Assumes $275,000 down (20%), a $1,100,000 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.
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Based on information submitted to the MLS GRID as of September 17, 2026 at 7:00 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.