We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth.It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, LVP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.
Active
Listed by: Northmarq Multifamily, LLC • Steven Fischer
$1,100,000
3838 D Place SE, Auburn, WA 98002
8beds
4baths
3,784sqft
Quadruplex
Built in 1981
-- sqft lot
$1,057,400 Zestimate®
$291/sqft
$-- HOA
What's special
Corner lotPrivate patio or balconyInterior renovationsSs appliancesLvp flooring
- 21 days |
- 188 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Steven Fischer,
Northmarq Multifamily, LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2545347
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,784
- Total interior livable area: 3,784 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.25 Acres
- Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved, Sidewalk, Deck, Fenced-Partially, Patio, Shop
Details
- Parcel number: 7326800100
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Brick, Metal/Vinyl
- Roof: Composition
Condition
- Very Good
- Year built: 1981
- Major remodel year: 1981
Utilities & green energy
- Sewer: Sewer Connected, Company: Waste Management of WA
- Water: Public, Company: City of Auburn
Community & HOA
Community
- Subdivision: Auburn
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $291/sqft
- Tax assessed value: $836,000
- Annual tax amount: $10,537
- Date on market: 6/23/2026
- Cumulative days on market: 23 days
- Listing terms: Conventional,FHA
Estimated market value
$1,057,400
$1.00M - $1.11M
$2,012/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $1,100,000+69.3%$291/sqft |
Source:  NWMLS as distributed by MLS GRID #2545347 Report a problem | ||
| 1/24/2020 | Sold | $649,600+53.8%$172/sqft |
Source: Public Record Report a problem | ||
| 1/3/2008 | Sold | $422,500+99.3%$112/sqft |
Source: Public Record Report a problem | ||
| 1/21/1999 | Sold | $212,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,538 +21.5% | $836,000 +15.2% |
| 2024 | $8,674 -3.7% | $726,000 -0.5% |
| 2023 | $9,012 +2.1% | $730,000 -5.2% |
| 2022 | $8,829 +0.7% | $770,000 +16.7% |
| 2021 | $8,769 +1.9% | $660,000 +7.7% |
| 2020 | $8,607 +4.6% | $613,000 +4.4% |
| 2019 | $8,224 +39.1% | $587,000 +24.6% |
| 2018 | $5,913 -10.3% | $471,000 +12.4% |
| 2017 | $6,592 +38.9% | $419,000 +8% |
| 2016 | $4,745 | $388,000 +2.4% |
| 2015 | $4,745 | $379,000 +23.1% |
| 2014 | $4,745 | $308,000 +4.1% |
| 2013 | $4,745 | $296,000 -14.2% |
| 2012 | -- | $345,000 +36.9% |
| 2011 | -- | $252,000 -37.3% |
| 2010 | -- | $402,000 |
| 2009 | -- | $402,000 +18.6% |
| 2007 | -- | $339,000 +33.5% |
| 2006 | -- | $254,000 |
| 2005 | -- | $254,000 +8.9% |
| 2001 | $3,292 -4.8% | $233,300 |
| 2000 | $3,457 | $233,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 98002
Nearby schools
GreatSchools rating
- 4/10Gildo Rey Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Mt Baker Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10Auburn Riverside High SchoolGrades: 9-12Distance: 0.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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