The Investment Sales Group at Compass Commercial is thrilled to present this attractive 4-unit multifamily property at 501 37th St SE, Auburn, WA. Each unit features a spacious 2-bedroom, 1.5-bathroom layout with 1,016 square feet, offeringcomfortable living in a prime suburban location near Seattle-Tacoma amenities. The property currently boasts a solid capitalization rate of 5.49%, reflecting strong immediate income potential. With scheduled rent increases effective December 1, 2025, the cap rate is projected to rise to 5.91%, enhancing returns and positioning this asset as an excellent value-add opportunity in a stable, growing market. The building was newly painted in September 2025 and features durable metal roofs, W/D hookups, large back patios with extra storage, ensuring low maintenance and enhanced curb
appeal. Seller financing is available to qualified buyers, providing flexible acquisition options. For more details or to discuss this opportunity further, please reach out to the Investment Sales Group at Compass Commercial