3842 D Place SE · Auburn, WA 98002
Source: NWMLS · Northmarq Multifamily, LLC · Steve Fischer #NWM2503231
About this home
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, L VP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.
Location
Basics
- Property type
- Multi Family
- Style
- 4-Plex
- Stories
- 2 stories
- Condition
- Very Good
- Year built
- 1981
- Lot size
- 9,603 sq ft (0.22 acres)
- County
- King
- MLS #
- NWM2503231
Interior
- Heating
- Wall Furnace
- Cooling
- None
- Flooring
- Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Brick, Metal/Vinyl
- Roof
- Composition
- Lot features
- Corner Lot, Cul-De-Sac, Dead End Street, Paved, Sidewalk
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 4
Utilities
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Auburn
- Property tax
- $10,621 (2026)
Transaction
- Original list price
- $1,100,000 (13.6% price cut)
- Listed on
- Apr 6, 2026
- Days on market
- 158
- Listing terms
- Cash, Conventional, FHA
- Possession
- Closing
More homes nearby
Schools
School district: Auburn
- High
- Auburn Riverside High SchoolSchoolDigger 2 stars · Top 51% in WA
Listing provided courtesy of: Northmarq Multifamily, LLC
Listing agent: Steve Fischer.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-08-06.