The Investment Sales Group at Compass Commercial is thrilled to present this attractive 4-unit multifamily property at 429 37th St SE, Auburn, WA. Each unit features a spacious 2-bedroom, 1.5-bathroom layout with 1,016 square feet, offering comfortable living in a prime suburban location near Seattle-Tacoma amenities. The property currently boasts a solid capitalization rate of 6.25%, reflecting strong immediate income potential. With scheduled rent increases effective Year 2, the cap rate is projected to rise to 6.93%, enhancing returns and positioning this asset as an excellent value-add opportunity in a stable, growing market.The building has been newly painted in September 2025 and features durable metal roofs, W/D hookups, large back patios with additional storage ensuring low maintenance and enhanced curb appeal. This property is also ideal for an investor to take advantage of owner-occupied financing with one unit vacant and available to show. For more details or to discuss this opportunity further, please reach out to the Investement Sales group at Compass Commercial