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  • Listed by: 

    Vadim Polishchuk,

    Skyline Properties, Inc.

    $675,000

    4950 S 298th, Auburn, WA 98001

    8beds
    8baths
    --sqft
    : 
    Multi Family
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    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#: 2387877MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4950 S 298th.

    Next available tour time:Today at 11am

    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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