3601 I Street Ne, Auburn, WA 98002

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Listed by:daniel lim
Office:lee & associates commercial re
MLS#:2400905
Source:NWMLS
3601 I Street Ne,Auburn, WA 98002
$3,895,000
Virtual Tour
  • - Beds
  • - Baths
  • 15,780 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,895,000
  • Price per sq. ft.:$246.83

About this home

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.

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Home facts

  • Year built:1988
  • Listing Id #:2400905
  • Updated:August 15, 2025 at 06:52 PM

Rooms and interior

  • Living area:15,780 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1988
  • Building area:15,780 sq. ft.
  • Lot area:0.62 Acres

Utilities

  • Water:Community
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,895,000
  • Price per sq. ft.:$246.83
  • Tax amount:$39,208 (2025)
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