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Property view

501 37th Street Se, 
Auburn, WA 98002

$958,000

—

Bed

—

Bath

4,064

Sq Ft

Multi-Family

Sold

Listed by

Erich Bubbel

, 

Ramiro Olmos Munoz

Bought with Olaie

Compass

MLS#

2436601

Source:

NWMLS

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About This Home

501 37th Street Se

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 5.49% cap rate, with a projected increase to 5.91% by Dec 1, 2025, due to scheduled rent increases. 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. Seller financing available. All units are fully occupied.

Home Facts

Multi-Family

Built in 1980

Price Summary

1,100,000

$270 per Sq. Ft.

MLS #:

2436601

Sold:

December 15, 2025

Rooms & Interior

Interior

Living Area:

4,064 Sq. Ft.

Structure

Structure

Building Area:

4,064 Sq. Ft.

Year Built:

1980

Lot

Lot Size (Sq. Ft):

9,450

Finances & Disclosures

Finances

Price:

$1,100,000

Price per Sq. Ft:

$270 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 23, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.