327 S Street SE, Auburn, WA 98002

Property Description

A wonderful four-plex investment opportunity awaits on this South Auburn dead end street. Owner operator has enjoyed managing this property for the past 26 years. This one-story complex has four total units with three apartments that are one bedroom apartments and one with two bedrooms. The two bedroom unit has recently been vacated and is available for viewing. The 2-bedroom unit has new carpet and interior paint and does have space for a range and refrigerator but buyer will need to supply those appliances. Two units have good sized fenced back yards and two units have smaller fenced areas on the side yard. The building is located close to downtown and property offers ample off-street parking. The complex provides a laundry room, with a coin-op washer and dryer included, as well as a mechanical room. Three long-term, month-to-month tenants have stated they would like to stay. Current tenants paying under market rent so great potential for increased upside. Financial numbers shown in the listing were provided by the owner from 2025 and reflect some vacancy in the 2 bedroom unit. Owner has elected to sell prior to renting out this unit. Building total square footage is 2332 and unit square footage has been estimated and not measured. Priced under tax assessed value! Buyer to verify all information to their own satisfaction.

Listing Status:

Pending

Data Last Updated:

May 20, 2026 at 4:19PM

Listing Office:

SASH Realty : 206-501-4375

Listing Agent:

Andrea Clibborn : 206-501-4375

MLS ID:

2517137

Interior

• Flooring: Vinyl PlankCarpet
• A/C: None
• Heating: Wall Furnace
• Fireplace: Fireplaces: 0

Exterior

• General: BrickWood
• Parking: Parking spaces: 8

Construction

• Roofing: Composition
• General: 54 - 4-Plex

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Auburn
• County: King

Lot

• Zoning: 1721059143

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls