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    Auburn, WA
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    Auburn, WA Multifamily Properties for Sale

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    Federal Way, WA Kent, WA Covington, WA Des Moines, WA Algona, WA Seattle, WA Pacific, WA Seatac, WA
    Well-Maintained 4-Plex with Garages
    Updated: May 24
    Well-Maintained 4-Plex with Garages

    903 31ST, Auburn, WA 98002

    $1,000,000
    3,806 sqft
    1984‑built, fully occupied 4‑plex with townhome‑style unit layouts
    Each unit is a 2‑bedroom, 1‑bath layout
    Units include laminate flooring
    Each unit features a 1‑car garage
    Located near major commuting routes, shopping, schools, public transportation, and employment centers in Auburn, Kent, and South King County
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    This listing looks promising.

    Here's a quick look at some key insights for

    903 31ST, Auburn, WA 98002

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $64K
      Annual

    • Price @ 7% Cap

      $917K
      Suggested

    • Property Type

      Quadplex
      Built 1984
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    Townhome-Style Triplex in Meadow Brooke Estates
    Updated: Mar 6
    Townhome-Style Triplex in Meadow Brooke Estates

    1019 18th St NE, Auburn, WA 98002

    $935,000
    3,560 sqft
    Turnkey triplex investment with immediate, stable cash flow due to 100% occupancy and historically low vacancy.
    Prime location in the desirable Meadow Brooke Estates, within walking distance of North Auburn's schools, restaurants, and shopping, and minutes from downtown Auburn, major highways, and Green River College.
    Major capital improvements (roof, windows, and siding) have been recently replaced, ensuring low maintenance.
    Each unit features 2 bedrooms + den, 1.5 baths, in‑unit laundry, and an attached garage.
    Zoned R‑10, allowing for various residential uses, including potential short‑term rental opportunities (subject to City of Auburn regulations).
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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 2 Active listings in Auburn, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Apartment Building with In-Unit Laundry
    Apartment Building with In-Unit Laundry

    108 Kensington, Kent, WA 98030

    $2,125,000
    8,628 sqft

    Apartment building offering one- and two-bedroom units, each with in-unit washer and dryer.

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    Apartment Community With Remodeled Units
    Apartment Community With Remodeled Units

    30323 - 30331 15th Ct S, Federal Way, WA 98003

    Contact for pricing
    18,180 sqft

    Two-bedroom townhomes feature fireplaces, vaulted ceilings, private patios, and in-unit laundry.

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    6-Unit Multifamily Property
    6-Unit Multifamily Property

    1613 Maple Lane #D1-D6, Kent, WA 98030

    Contact for pricing
    5,580 sqft

    Well-maintained 6-unit multifamily property with in-unit washer and dryer and dedicated utility space in each unit.

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    Six-Unit Condo-Style Apartment Building
    Six-Unit Condo-Style Apartment Building

    28426 16th Ave S, Federal Way, WA 98003

    Contact for pricing
    7,023 sqft

    Condo-style six-unit building with private west-facing balconies and in-unit washers and dryers.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Serene Lot in Ponderosa Estates
    Serene Lot in Ponderosa Estates

    20501 LaRita Drive E, Bonney Lake, WA 98391

    $149,950
    0.19 AC lot

    8,250 sq. ft. lot with utilities available.

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    Wooded Lot with Existing Structure
    Wooded Lot with Existing Structure

    29445 SE 371st St, Enumclaw, WA 98022

    Contact for pricing
    1,344 sqft 1.00 AC lot

    One-acre wooded lot with potential for renovation or new construction.

    View details

    Off-Market Properties in Auburn, WA

    Consider similar Off-Market properties in Auburn, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    718 10th SE St
    APARTMENT HOUSE (5+ UNITS)

    718 10th SE St, Auburn, WA 98092

    $700,000
    Estimated value
    3,840 sqft 0.35 AC lot
    View details
    1817 54th St E Ct
    APARTMENT HOUSE (5+ UNITS)

    1817 54th St E Ct, Auburn, WA 98092

    $520,000
    Estimated value
    4,440 sqft 0.24 AC lot
    View details
    1014 37th SE St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1014 37th SE St, Auburn, WA 98002-8749

    $615,000
    Estimated value
    4,020 sqft 0.29 AC lot
    View details
    709 F NE Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    709 F NE Pl, Auburn, WA 98002-4377

    $865,000
    Estimated value
    5,844 sqft 0.30 AC lot
    View details
    6170 Ter Vw SE Ln
    APARTMENT HOUSE (100+ UNITS)

    6170 Ter Vw SE Ln, Auburn, WA 98092-5517

    $7,265,000
    Estimated value
    36,166 sqft 21.57 AC lot
    View details
    58210 To 58216th Sr 410th E
    APARTMENT HOUSE (5+ UNITS)

    58210 To 58216th Sr 410th E, Auburn, WA 98092

    $285,000
    Estimated value
    956 sqft 2.79 AC lot
    View details
    2219 D SE St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2219 D SE St, Auburn, WA 98002-6883

    $255,000
    Estimated value
    2,186 sqft 0.21 AC lot
    View details
    402 K NE St
    APARTMENT HOUSE (5+ UNITS)

    402 K NE St, Auburn, WA 98002

    $305,000
    Estimated value
    3,394 sqft 0.12 AC lot
    View details
    11400 Olympus Way
    APARTMENT HOUSE (100+ UNITS)

    11400 Olympus Way, Auburn, WA 98092

    $1,295,000
    Estimated value
    8,582 sqft 11.52 AC lot
    View details
    2216 Noble SE Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    2216 Noble SE Ct, Auburn, WA 98092-6215

    $660,000
    Estimated value
    4,324 sqft 0.27 AC lot
    View details
    3202 Conrad Johnson Rd
    MOBILE HOME PARK, TRAILER PARK

    3202 Conrad Johnson Rd, Auburn, WA 98092

    $375,000
    Estimated value
    576 sqft 9.32 AC lot
    View details
    5901 88th St SW Ct
    APARTMENT HOUSE (100+ UNITS)

    5901 88th St SW Ct, Auburn, WA 98092

    $2,060,000
    Estimated value
    15,288 sqft 15.34 AC lot
    View details
    16118 66th E Ave
    MOBILE HOME PARK, TRAILER PARK

    16118 66th E Ave, Auburn, WA 98092

    $415,000
    Estimated value
    1,344 sqft 3.51 AC lot
    View details
    6310 161st St E Ct, Unit 4
    MOBILE HOME PARK, TRAILER PARK

    6310 161st St E Ct, Auburn, WA 98092

    Unit 4
    $415,000
    Estimated value
    5.06 AC lot
    View details
    6310 161st St E Ct, Unit 4
    MOBILE HOME PARK, TRAILER PARK

    6310 161st St E Ct, Auburn, WA 98092

    Unit 4
    $385,000
    Estimated value
    1,350 sqft 4.22 AC lot
    View details
    8601 288th S St
    MOBILE HOME PARK, TRAILER PARK

    8601 288th S St, Auburn, WA 98092

    $340,000
    Estimated value
    720 sqft 2.48 AC lot
    View details

    Auburn, WA Multifamily Properties Market Trends and Statistics

    Explore 18 multifamily properties for sale in Auburn, WA on our real estate platform. These investment opportunities span a total of 7,366 square feet of properties for sale, with an estimated market value of $1,935,000.

    Sale prices for multifamily properties in Auburn, WA start at $935,000, averaging $967,500, and reaching up to $1,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 233K
    Population Growth (5Y) +5.1%
    Median Household Income $95,097
    College Educated 23.4%

    High-Yield Neighborhoods for Investment

    Identify Auburn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98002 $978.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.15%
    Property Tax per SF $13.33 per SF
    Tax Rate vs County Average 0.27 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Auburn fall within the 100,000+ square foot range.

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