About 3834 D Place Se
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-unit property features 2-BD / 1-BTH units, each 940SF with full size W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. All units have undergone interior renovations, including SS appliances, LVP flooring, refaced cabinetry, updated lighting fixtures, and modern bathroom vanities. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare opportunity to acquire a stabilized property with additional upside potential—rents are estimated to be 10% below market.
Features of 3834 D Place Se
| MLS® # | 2397211 |
|---|---|
| List Price | $1,095,000 |
| Sale Price | $1,020,000 |
| Bathrooms | 0.00 |
| Acres | 0.22 |
| Year Built | 1981 |
| Type | Income |
| Sub-Type | Multi Family |
| Status | Sold |
Community Information
| Address | 3834 D Place Se |
|---|---|
| Area | 310 - Auburn |
| Subdivision | Auburn |
| City | Auburn |
| County | King |
| State | WA |
| Zip Code | 98002 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
Exterior
| Exterior Features | Brick, Metal/Vinyl |
|---|---|
| Lot Description | Cul-De-Sac, Dead End Street, Paved, Sidewalk |
School Information
| District | Auburn |
|---|
Additional Information
| Days on Market | 71 |
|---|---|
| Cumulative Days on Market | 71 |
| Days on Website | 16 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |