421 37th St SE

Auburn, WA 98002
  • $1,035,000

    Price
  • 8

    Bed
  • 6

    Bath
  • 4,064

    SqFt

About the Listing 4704 - 107969,144427

Prime 4-unit multifamily property in Auburn, WA, featuring spacious 2-bed, 1.5-bath units, each 1,016 SF, with large back patios and secure storage. Boasting a 5.97% cap rate, with a projected increase to 6.24% by Nov 1, 2025, due to scheduled rent increases. W/D hookups, extra storage unit on back patios, Newly painted in Sept 2025 with durable metal roofs for low maintenance. Ideal location near Seattle-Tacoma amenities. All units are fully occupied.

Listing Highlights for 421 37th St SE

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 2436604
Year Built 1980
Total Square Footage 4,064
Lot/Acreage 0.28
County King
Neighborhood Auburn
School District Auburn

Interior Details

  • Bedrooms: 8
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Roof: Metal
  • Others: Wood Products
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $9,354
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 3021059213
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

421 37th St SE Auburn, WA 98002

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way