Prime Development Opportunity! Approved permits in hand for an 8-unit multifamily project featuring thoughtfully designed 1-bedroom, 1-bath units perfect for strong rental demand. Sale is for land only. Located in a thriving neighborhood with excellent access to amenities, transit, and major highways. Offering a flexible turnkey solution for developers or investors. This fully permitted project is ready for immediate groundbreaking, with potential to convert the units into condos and sell individually—maximizing your investment options in a high-demand market!
Active
Listed by:
Vadim Polishchuk,
Skyline Properties, Inc.
$675,000
4950 S 298th, Auburn, WA 98001
8beds
8baths
--sqft
Est.:
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 65 days
- on Zillow |
- 593 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 11:28am
Listed by:
Vadim Polishchuk,
Skyline Properties, Inc.
Source: NWMLS,MLS#: 2387877

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Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Other – See Remarks, See Remarks
Cooling
- Other – See Remarks
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 2.38 Acres
Details
- Parcel number: 0321049132
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- See Remarks
- Roof: See Remarks
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Available
Community & HOA
Community
- Subdivision: Auburn
Location
- Region: Auburn
Financial & listing details
- Tax assessed value: $203,000
- Annual tax amount: $2,005
- Date on market: 6/3/2025
- Cumulative days on market: 89 days
- Listing terms: Cash Out,Conventional
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