Sold112d on market

501 37th Street SE

Auburn, WA, 98002 • 98002 • King County

$958,000

$236/sqft

8Beds

8Baths

4,064Sqft

0.22 acLot

1980Built

Property DNA

2 highlights

Territorial Views

Territorial

Auburn

98002

This home is getting attention

Listed 112 days ago · 8 views

Market activity

Demand and pricing signals for this listing

8 views

People checking out this listing

112 days on market

Established listing

$236/sqft

Price per square foot

Selling Soon Prediction

High

This home ranks in the top 29% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Multi Family · Built 1980

Prime 4-unit multifamily property in Auburn, WA, featuring spacious 2-bed, 1.5-bath units, each 1,016 SF, with large back patios and secure storage. Boasting a 5.49% cap rate, with a projected increase to 5.91% by Dec 1, 2025, due to scheduled rent increases. W/D hookups, extra storage unit on back patios, Newly painted in Sept 2025 with durable metal roofs for low maintenance. Ideal location near Seattle-Tacoma amenities. Seller financing available. All units are fully occupied.

Standout features identified

Our analysis highlights secure storage, durable metal roofs, and large back patios as key attractions of this home.

Estimated monthly payment

Based on current rates

$5,929/month

Principal & Interest$4,652

Property Tax$958

Insurance$319

Down payment20% ($191,600)

3%50%

Est. 6.12% rate · 30yr fixed · $766,400 loan

Full calculator →

At a glance

Key facts and listing details

TypeMulti Family

Year Built1980

HeatingForced Air, Electric

CoolingNone

Parking8 Open Parking spaces

Property

Home typeMulti Family

Sub-typeMulti Family

Year built1980

Systems

HeatingForced Air, Electric

CoolingNone

RoofMetal

ConstructionWood Products

Water / SewerPublic / Sewer Connected

Parking & Outdoor

ParkingOpen

Lot9,448 sqft

Location & Tax

Neighborhood98002

Annual tax$9,052

Parcel3021059270

Features & details

6 categories of property features

Interior Features

Heating

Forced Air

Electric

Cooling

None

Exterior Features

Parking

Open

Construction

Wood Products

Lot Features

Paved

Sidewalk

Views

Territorial

Listing insights

Market data and value estimates

StatusSold

Days on market112

Est. value$970,500

Est. rent$1,937/mo

Tax rate0.82%

Price/sqft$236

On marketDec 1, 2025

PostedSep 25, 2025

Last sold$958,000

MLS statusSold

MLS updatedJan 15, 2026

Tour days6

How are the schools in Auburn?

3 schools rated nearby

Gildo Rey Elementary School

Primary • Public • PK-5

0.3 mi

Mt Baker Middle School

Middle • Public • 6-8

0.2 mi

Auburn Riverside High School

High • Public • 9-12

0.6 mi

Location

Auburn, WA, 98002

Expand map

Price history

3 events

DateEventPrice$/sqftSource

Dec 15, 2025Sold$958,000$236NWMLS as distributed by MLS GRID

Nov 10, 2025Pending Sale$1,100,000$271NWMLS as distributed by MLS GRID

Sep 25, 2025Listed For Sale$1,100,000$271NWMLS as distributed by MLS GRID

Sold$958,000

Dec 15, 2025•$236/sqft•NWMLS as distributed by MLS GRID

Pending Sale$1,100,000

Nov 10, 2025•$271/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$1,100,000

Sep 25, 2025•$271/sqft•NWMLS as distributed by MLS GRID

Tax history

21 years of records

YearTax paidAssessed value

Apr 7, 2024$9,052$758,000

Apr 7, 2023$10,729$876,000

Apr 7, 2022$9,362$818,000

Apr 7, 2021$9,236$696,000

Apr 7, 2020$8,925$636,000

Apr 7, 2019$8,487$606,000

Apr 7, 2018$6,052$482,000

Apr 7, 2017$6,515$413,000

Apr 7, 2016$5,024$411,000

Apr 7, 2015$5,024$426,000

Apr 7, 2014$5,024$327,000

Apr 7, 2013$5,024$315,000

Apr 7, 2012—$338,000

Apr 7, 2011—$270,000

Apr 7, 2010—$435,000

Apr 7, 2009—$435,000

Apr 7, 2007—$355,000

Apr 7, 2006—$282,000

Apr 7, 2005—$282,000

Apr 7, 2001$2,761$195,600

Apr 7, 2000$2,899$195,600

Nearby homes

Recently Sold

$172,500

3 bd2 ba1,296 sqft

401 37th St SE UNIT 119, Auburn, WA

Recently Sold

$953,000

8 bd8 ba4,064 sqft

429 37th St SE, Auburn, WA

Recently Sold

$134,000

3 bd2 ba980 sqft

401 37th St SE SPACE 112, Auburn, WA

Recently Sold

$958,000

8 bd8 ba4,064 sqft

421 37th St SE, Auburn, WA

Recently Sold

$150,000

3 bd2 ba1,152 sqft

401 37th St SE UNIT 18, Auburn, WA

Recently Sold

$100,000

2 bd1 ba896 sqft

401 37th St SE UNIT 20, Auburn, WA

Off Market

$12,124

3 bd2 ba1,344 sqft

401 37th St SE UNIT 16, Auburn, WA

Recently Sold

$127,000

3 bd1 ba980 sqft

401 37th St SE UNIT 110, Auburn, WA

Neighborhood details

Local context around this listing

Auburn, WA • King County

Nearby neighborhoods

Lakeland NorthLakeland SouthLea Hill

Nearby cities

AuburnBellevueBothellFederal WayKentKirklandRedmondRenton

Nearby zip codes

98001980029807198092

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Value estimates

Live

Est. value$970,500

Est. rent$1,937/mo

30yr rate est.6.12%

Affordability$5,728/mo

Accepted financing

ConventionalFHA

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Based on information submitted to the MLS GRID as of 2026-04-07 15:33:54 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)

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