MLS #2518419 / Listing provided by NWMLS & SASH Realty.
$685,000
327 S Street SE
Auburn,
WA
98002
Beds
Baths
Sq Ft
Per Sq Ft
Year Built
A wonderful four-plex investment opportunity awaits on this South Auburn dead end street. Owner operator has enjoyed managing this property for the past 26 years. This one-story complex has four total units with three apartments that are one bedroom apartments and one with two bedrooms. The two bedroom unit has recently been vacated and is available for viewing. The 2-bedroom unit has new carpet and interior paint and does have space for a range and refrigerator but buyer will need to supply those appliances. Two units have good sized fenced back yards and two units have smaller fenced areas on the side yard. The building is located close to downtown and property offers ample off-street parking. The complex provides a laundry room, with a coin-op washer and dryer included, as well as a mechanical room. Three long-term, month-to-month tenants have stated they would like to stay. Current tenants paying under market rent so great potential for increased upside. Financial numbers shown in the listing were provided by the owner from 2025 and reflect some vacancy in the 2 bedroom unit. Owner has elected to sell prior to renting out this unit. Building total square footage is 2332 and unit square footage has been estimated and not measured. Priced under tax assessed value! Buyer to verify all information to their own satisfaction.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Total Bedrooms: 5
- Main Level Bedrooms: 5
- Lower Level Bedrooms: 0
- Upper Level Bedrooms: 0
Bathrooms
- Total Bathrooms: 4
- Half Bathrooms: 0
- Three-quarter Bathrooms: 0
- Full Bathrooms: 4
- Full Bathrooms in Garage: 0
- Half Bathrooms in Garage: 0
- Three-quarter Bathrooms in Garage: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Attached: No
- Parking Features: Off Street
- Parking Total: 8
- Total Uncovered Parking Spaces: 8
Structure
- Roof: Composition
- Exterior Features: Brick, Wood
Lot Details
- Lot Features: Dead End Street, Paved
- Acres: 0.2096
Schools
- High School District: Auburn
Lot Details
- Lot Features: Dead End Street, Paved
- Acres: 0.2096
Power
- Energy Source: Natural Gas
- Power Company: Puget Sound Energy
Water, Sewer, and Garbage
- Sewer Company: City of Auburn
- Sewer: Sewer Connected
- Water Company: City of Auburn
- Water Source: Public
Amy Flippo
Broker | REALTOR®
Send Amy Flippo an email