Bought with Better Properties - Metro
$1,020,000
$1,095,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
9,603 Sqft Lot
SOLD DATE : 10/03/2025
Key Details
Sold Price $1,020,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Auburn
MLS Listing ID 2397211
Sold Date 10/03/25
Style 54 - 4-Plex
Year Built 1981
Annual Tax Amount $8,674
Lot Size 9,603 Sqft
Property Sub-Type Multi Family
Property Description
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-unit property features 2-BD / 1-BTH units, each 940SF with full size W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. All units have undergone interior renovations, including SS appliances, LVP flooring, refaced cabinetry, updated lighting fixtures, and modern bathroom vanities. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare opportunity to acquire a stabilized property with additional upside potential—rents are estimated to be 10% below market.
Location
State WA
County King
Area 310 - Auburn
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Metal/Vinyl
Amenities Available Deck, Fenced-Partially, Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Cul-De-Sac, Dead End Street, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Auburn
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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Brokers, REALTORS | Lic# 20114290
baldehfamilyrealestate@gmail.com
19515 North Creek Parkway Suite 214, Bothell, WA, 98011