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 6.62% cap rate, 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.
Sold
Listed by: COMPASS
Bought with: Olaie
$953,000
429 37th Street SE, Auburn, WA 98002
8beds
8baths
4,064sqft
Multi Family
Built in 1980
-- sqft lot
$936,400 Zestimate®
$234/sqft
$2,224 Estimated rent
Home value
$936,400
$861,000 - $1.01M
$2,224/mo
Zestimate® history
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$5,746/mo
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Secure storageDurable metal roofsLarge back patios
Zillow last checked:
Listing updated:
Listed by:
Erich Bubbel,
COMPASS,
Ramiro Olmos Munoz,
COMPASS
Bought with:
Yi Liu, 25014180
Olaie
Source: NWMLS as distributed by MLS GRID,MLS#: 2436608
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Baseboard, Forced Air, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 4,064
- Total interior livable area: 4,064 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Lot
- Size: 9,448 sqft
Details
- Parcel number: 3021059315
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Products
- Roof: Metal
Condition
- Year built: 1980
- Major remodel year: 1980
Utilities & green energy
- Sewer: Sewer Connected
Community & neighborhood
Location
- Region: Auburn
- Subdivision: Auburn
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 63 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Sold | $953,000-3.7%$234/sqft |
Source:  NWMLS as distributed by MLS GRID #2436608 Report a problem | ||
| 11/22/2025 | Pending sale | $990,000$244/sqft |
Source: NWMLS as distributed by MLS GRID #2436608 Report a problem | ||
| 11/10/2025 | Price change | $990,000-4.3%$244/sqft |
Source: NWMLS as distributed by MLS GRID #2436608 Report a problem | ||
| 9/25/2025 | Listed for sale | $1,035,000+29.4%$255/sqft |
Source: NWMLS as distributed by MLS GRID #2436608 Report a problem | ||
| 8/14/2023 | Sold | $800,000$197/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,429 +15.2% | $825,000 +8.8% |
| 2024 | $9,052 -15.6% | $758,000 -13.5% |
| 2023 | $10,729 +14.6% | $876,000 +7.1% |
| 2022 | $9,362 +1.4% | $818,000 +17.5% |
| 2021 | $9,236 +3.5% | $696,000 +9.4% |
| 2020 | $8,925 +5.2% | $636,000 +5% |
| 2019 | $8,487 +40.2% | $606,000 +25.7% |
| 2018 | $6,052 -7.1% | $482,000 +16.7% |
| 2017 | $6,515 +29.7% | $413,000 +0.5% |
| 2016 | $5,024 | $411,000 +12% |
| 2015 | $5,024 | $367,000 +12.2% |
| 2014 | $5,024 | $327,000 +3.8% |
| 2013 | $5,024 | $315,000 -6.8% |
| 2012 | -- | $338,000 +25.2% |
| 2011 | -- | $270,000 -37.9% |
| 2010 | -- | $435,000 |
| 2009 | -- | $435,000 +22.5% |
| 2007 | -- | $355,000 +25.9% |
| 2006 | -- | $282,000 |
| 2005 | -- | $282,000 +52.9% |
| 2001 | $2,603 -4.8% | $184,400 |
| 2000 | $2,733 | $184,400 |
Find assessor info on the county website
Neighborhood: 98002
Nearby schools
GreatSchools rating
- 4/10Gildo Rey Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Mt Baker Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10Auburn Riverside High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$936,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$936,400
- Washington
- King County
- Auburn
- 98002
- 429 37th Street SE
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