WA > Auburn > Auburn
Auburn, WA 98002,3601 I ST NE
Auburn, WA 98002,3601 I ST NE
Auburn, WA 98002,3601 I ST NE
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Josh Barnard

Josh Barnard

+1(253) 677-5765
Listed by Lee & Associates Commercial RE
$3,895,000
Est. payment /mo
28 Beds
24 Baths
15,780 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,780 sqft

Price per Sqft $246

Subdivision Auburn

MLS Listing ID 2400905

Style 56 - 10+ Units

Bedrooms 28

Year Built 1988

Annual Tax Amount $39,208

Lot Size 0.617 Acres

Property Sub-Type Multi Family

Property Description

I Street Apartments presents a well-maintained 16-unit community in Auburn, WA, built in 1988 on a 26,875 SF C3-zoned lot between the regional hubs of downtown Auburn and Kent. This strategic location offers strong connectivity via SR-167, access to major employers, retail, transit, and growing economic activity. The unit mix includes spacious 1- and 2-bedroom layouts with in-unit laundry, balconies/patios, and updates in select units. Durable systems, 24 off-street parking stalls, and double-pane windows (2016) enhance operational stability. With strong in-place rents and minimal deferred maintenance, the property offers compelling cash flow and long-term upside via light interior upgrades.

Location

State WA

County King

Area 310 - Auburn

Interior

Interior Features Ceramic Tile, Laminate

Flooring Ceramic Tile, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Sewer Connected

Water Community

New Construction No

Schools

School District Auburn

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1513529-sale&address=3601-I-St-NE&officeId=2085

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+1(253) 677-5765

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