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Listed by: Northmarq Multifamily, LLC • Steven Fischer

$1,100,000

3838 D Place SE, Auburn, WA 98002

8beds

4baths

3,784sqft

$6,687/mo

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Quadruplex, Multi Family

Built in 1981

-- sqft lot

$1,057,700 Zestimate^®

$291/sqft

$-- HOA

What's special

Corner lotPrivate patio or balconyInterior renovationsSs appliancesLvp flooring

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.

77 days
112
2

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, Multi Family

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: 6/24/2026
Cumulative days on market: 78 days
Listing terms: Conventional,FHA

Estimated market value

$1,057,700

$1.00M - $1.11M

$1,716/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