$3,895,000

3601 I Street NE, Auburn, WA 98002

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon0.62acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This listing courtesy of Daniel Lim, Lee & Associates Commercial RE

I Street Apartments presents a well-maintained 16-unit community in Auburn, WA, built in 1988 on a 26,875 SF C3-zoned lot between the regional hubs of downtown Auburn and Kent. This strategic location offers strong connectivity via SR-167, access to major employers, retail, transit, and growing economic activity. The unit mix includes spacious 1- and 2-bedroom layouts with in-unit laundry, balconies/patios, and updates in select units. Durable systems, 24 off-street parking stalls, and double-pane windows (2016) enhance operational stability. With strong in-place rents and minimal deferred maintenance, the property offers compelling cash flow and long-term upside via light interior upgrades.

Listing Status:
Active
Listing Office:
Lee & Associates Commercial RE : 206-267-1457
Listing Agent:
Daniel Lim : 206-267-1457
MLS ID:
2400905
  • General: Ceramic TileLaminate
  • Flooring: Ceramic TileLaminateCarpet
  • A/C: None
  • Heating:
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: Thermal Windows

This listing courtesy of Daniel Lim, Lee & Associates Commercial RE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dick Scobee Elementary School

1031 14th St NE, Auburn, WA, 98002

Grades PK-5

1.30 miles away

C

Cascade Middle School

1015 24th St NE, Auburn, WA, 98002

Grades 6-8

0.75 miles away

S

Special Education School

502 4th St NE, Auburn, WA, 98002

Grades PK-12

2.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.