3601 I ST NE new to site Save Request In-Person Tour Request Virtual Tour
Auburn,WA 98002
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
Flooring Ceramic Tile,Laminate,Carpet
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
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