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Downtown Auburn Multifamily Homes & Duplexes for Sale

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  • /31

    $895,000

    • 6 Beds
    • 4 Baths
    • 2,200 Sq Ft

    735 F St NE, Auburn, WA 98002

    Invest in this beautifully restored duplex in the heart of Downtown Auburn, an area renowned for its charm and proximity to schools, parks, public transit, and a vibrant mix of businesses. Each spacious unit features 3 bedrooms and 2 bathrooms, making them appealing for a variety of tenants. Recent upgrades including luxury vinyl plank flooring, modern appliances, and energy-efficient windows

    Bobby Harrison Marketplace Sotheby's Intl Rty

    735 F St NE, Auburn, WA 98002
  • /18

    $715,000

    • 2,540 Sq Ft

    402 4th St SE, Auburn, WA 98002

    Rare value-add duplex in Auburn with strong rental income and room to grow with upside potential. Unit A rents for $2,200/month; Unit B is under rented at $1,825/month & represents opportunity for increased cash flow & enhanced property value. Each spacious 3BR/2.5BA unit (1,270 sq ft) features a private yard, garage, laundry, and balcony. Located on a desirable corner lot in a walkable community

    Brian Manaois KW Mountains to Sound Realty

    402 4th St SE, Auburn, WA 98002
  • /29

    $1,090,000

    • 7 Beds
    • 5 Baths

    306 2nd St NE, Auburn, WA 98002

    Turn-key 5 unit rental property in the heart of Auburn! This fully rented investment property is walking distance to Main Street with all the shops, restaurants and public transportation. The building has a brand new roof and siding, and all units have been recently updated—no major work needed. 100% occupancy with zero vacancies and a waitlist. Some tenants have been here for over 7 years and

    Elena Karpova Torre Realty

    306 2nd St NE, Auburn, WA 98002
  • /31

    $499,950

    • 4 Beds
    • 2 Baths
    • 1,870 Sq Ft

    328 S Division St, Auburn, WA 98001

    Rare investment opportunity in Downtown Urban Center zoning (DUC)—up to 6-story development potential (buyer to verify)! Fully remodeled duplex with new roof, updated bathrooms, updated kitchen, flooring, and paint. Long-term dependable tenants with a month to month lease agreement. Decent cap rate with upside. Tenants pay electricity. Main unit: 2 bed (one in basement). Upper unit: 1 bed. Shared

    Thai-Hoa Nguyen eXp Realty

    328 S Division St, Auburn, WA 98001
  • /20

    $945,000

    • 3 Beds
    • 6 Baths

    506 1st St SW, Auburn, WA 98001

    Knickerbocker Mansion, a premier investment opportunity in downtown Auburn, offering strong financial upside through market rents and operational efficiencies. Ideally positioned near the I-5 / Highway 18 interchange, tenants benefit from seamless connectivity, while Auburn Train Station is just steps away, providing direct service to Seattle and Tacoma, a key draw for commuters. Auburn’s

    Chris Larsen Lee & Associates Commercial RE

    506 1st St SW, Auburn, WA 98001

Why Live in Downtown Auburn

Downtown Auburn is a small neighborhood located between Tacoma and Seattle, known for its strong residential feel and growing development. Main Street is the hub of activity, lined with various restaurants and businesses, while quieter residential streets branch off from this central thoroughfare. Residents benefit from proximity to local shops and dining options, such as Oddfellas Pub and Eatery, known for its German-themed burger, and Chaska Bar and Grill, which offers Indian cuisine and specialty cocktails. For groceries, Fred Meyer and Walmart Supercenter are conveniently located nearby. Les Gove Park provides 20 acres of recreational space, including a community center, library, senior center, playground, splash pad, and walking paths with outdoor fitness equipment. Auburn Environmental Park offers 250 acres of wetlands and marshes with boardwalk trails for wildlife observation. Seasonal events like the Auburn Farmers Market and the Lighted Santa Parade add to the community's charm. Most homes in Downtown Auburn are quaint Craftsman bungalows with small front lawns and street or driveway parking. The area is walkable, with several trails and bus routes, and is serviced by Auburn Station's S line for easy access to Seattle and Tacoma. For those who drive, I-5 provides a 14-mile route to Tacoma and a 28-mile route to Seattle, while Seattle-Tacoma International Airport is 17 miles away. The neighborhood is safer than the national average, contributing to its appeal for families and commuters alike.

Home Trends in Downtown Auburn, WA

Housing Trends

Median Sale Price
$345,950
Median Single Family Sale Price
$412,000
Median Townhouse Sale Price
$699,990
Median 2 Bedroom Sale Price
$138,000
Median 1 Bedroom Sale Price
$440,000
Average Price Per Sq Ft
$227
Number of Homes for Sale
4
Last 12 months Home Sales
45
Months of Supply
1.10
Median List Price
$412,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
35%
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