Auburn, WA 98002 3834 D Place SE
$1,095,000
Pending
24 more
Presented By: Northmarq Multifamily, LLC and NWMLS
- MLS# 2397211
- 06/23/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-unit property features 2-BD / 1-BTH units, each 940SF with full size W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. All units have undergone interior renovations, including SS appliances, LVP flooring, refaced cabinetry, updated lighting fixtures, and modern bathroom vanities. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare opportunity to acquire a stabilized property with additional upside potential—rents are estimated to be 10% below market.
Presented By: Northmarq Multifamily, LLC and NWMLS
Interior Features for 3834 D Place SE
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 3834 D Place SE
Building Area UnitsSquare Feet
Cap Rate6.35
Carport Spaces
Carport Y/NNo
CityAuburn
CoolingNone
CountyKing
DirectionsTake Ellingson Rd Exit from WA-167 S. Continue straight onto 41st St SE. Turn left onto D St SE. Turn Right onto D Pl SE.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High School DistrictAuburn
Insurance Expense2951
Leasable Area3760
Listing TermsCash Out, Conventional, FHA
Lot Size Square Feet9603
Lot Size UnitsSquare Feet
MLS Area310 – Auburn
ModificationTimestamp2025-08-27T21:29:10.598Z
NWM_ShowMapLinkY
Net Operating Income69490
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
PossessionClosing
Possible UseMulti-Family
Property ConditionVery Good
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWe are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-unit property features 2-BD / 1-BTH units, each 940SF with full
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeQuadruplex
Subdivision NameAuburn
Tax Annual Amount8674
Tax Year2025
Units Below Gradefalse
Units In Building Total4
ViewTerritorial
Water CompanyCity of Auburn
Water Sewer Garbage8291
Year Built1981
Zoning DescriptionMulti-Family
Exterior for 3834 D Place SE
Building Area Total
Covered Spaces
Exterior AmenitiesBrick, Metal/Vinyl
Irrigation Water Rights Y/NNo
Lot FeaturesCul-De-Sac, Dead End Street, Paved, Sidewalk
Lot Size Acres0.2205
Parking Uncovered Spaces4
Site FeaturesDeck, Fenced-Partially, Patio
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®