506 1st Street SW, Auburn, WA 98001
Multi-Family Home 
Built in 1906 
0.41acre lot
—— car garage 
$——/sqft 
Listed 4 months ago
Property Description
This listing courtesy of Christopher Larsen, Lee & Associates Commercial RE
Knickerbocker Mansion, a premier investment opportunity in downtown Auburn, offering strong financial upside through market rents and operational efficiencies. Ideally positioned near the I-5 / Highway 18 interchange, tenants benefit from seamless connectivity, while Auburn Train Station is just steps away, providing direct service to Seattle and Tacoma, a key draw for commuters. Auburn’s economic landscape is anchored by major employers such as Boeing, Starbucks, and Pepsi, driving sustained rental demand. Possessing 18,000 SF of land, Investors have a unique opportunity to unlock additional value through redevelopment and a potential multi-lot subdivision
- Listing Status:
- Active
- Listing Office:
- Lee & Associates Commercial RE : 206-624-2424
- Listing Agent:
- Christopher Larsen : 206-624-2424
- MLS ID:
- 2344199
- Flooring: See Remarks
- A/C: Other – See Remarks
- Heating: Other – See Remarks
- Fireplace: Fireplaces: 0
This listing courtesy of Christopher Larsen, Lee & Associates Commercial RE
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Terminal Park Elementary School
1101 D St SE, Auburn, WA, 98002
Grades KG-5
0.78 miles away
Olympic Middle School
839 21st St SE, Auburn, WA, 98002
Grades 6-8
1.39 miles away
West Auburn Senior High School
401 W Main St, Auburn, WA, 98001
Grades 9-12
0.14 miles away
