I Street Apartments presents a well-maintained 16-unit community in Auburn, WA, built in 1988 on a 26,875 SF C3-zoned lot between the regional hubs of downtown Auburn and Kent. This strategic location offers strong connectivity via SR-167, access to major employers, retail, transit, and growing economic activity. The unit mix includes spacious 1- and 2-bedroom layouts with in-unit laundry, balconies/patios, and updates in select units. Durable systems, 24 off-street parking stalls, and double-pane windows (2016) enhance operational stability. With strong in-place rents and minimal deferred maintenance, the property offers compelling cash flow and long-term upside via light interior upgrades.
Active
Listed by:
Daniel Lim,
Lee & Associates Commercial RE,
Candice Chevaillier,
Lee & Associates Commercial RE
$3,895,000
3601 I Street NE, Auburn, WA 98002
28beds
24baths
15,780sqft
Est.:
Multi Family
Built in 1988
-- sqft lot
$-- Zestimate®
$247/sqft
$-- HOA
What's special
In-unit laundryLight interior upgradesUpdates in select units
- 33 days
- on Zillow |
- 220 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 03, 2025 at 11:47am
Listed by:
Daniel Lim,
Lee & Associates Commercial RE,
Candice Chevaillier,
Lee & Associates Commercial RE
Source: NWMLS,MLS#: 2400905

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 28
- Bathrooms: 24
Heating
- Electric
Cooling
- None
Features
- Flooring: Ceramic Tile, Laminate, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 15,780
- Total interior livable area: 15,780 sqft
Video & virtual tour
Property
Parking
- Total spaces: 24
- Parking features: Open
- Uncovered spaces: 24
Features
- Patio & porch: Ceramic Tile, Laminate
Lot
- Size: 0.62 Acres
- Features: Corner Lot
Details
- Parcel number: 0004000086
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1988
- Major remodel year: 2001
Utilities & green energy
- Sewer: Sewer Connected
- Water: Community
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Auburn
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $247/sqft
- Annual tax amount: $39,208
- Date on market: 6/29/2025
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 34 days
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