Listed by The Foundation Group LLC
$1,830,000

Estimated payment $11,848/month

Total Views 316
17 Beds
9 Baths
6,849 Sq Ft
$267 Price per Sq Ft

Highlights

  • Popular Property
  • Baseboard Heating
  • Wood Siding
  • No HOA

About This Home

Brickwood Apartments - 8 unit in Auburn with attractive mix of seven 2B/1B (825SqFt) and one 3B/1.5B (1,075SqFt). Listed at 6.3% cap rate with additional upside in renovating one remaining unit and implementing utility billback. Investment is perfect for 1031 exchange buyer looking to acquire more units or any investor with low maintenance building and ease of self-management. Close proximity to retail corridor of Auburn Way N, groceries, and shopping.

Listing Agent

Ethan Szmania

The Foundation Group LLC License #125178 Listed on: 08/19/2025

Co-Listing Agent

Aaron Locke

The Foundation Group LLC License #107646

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2422038

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,510

Year Built

  • Built in 1967

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 6,849 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 9 Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • 10,850 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3339901187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,510

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1967
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 6849
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 17
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Built-Up
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Concrete, Wood
  • Exterior Features: Brick, Cement/Concrete, Wood
  • Foundation Details: Pillar/Post/Pier
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 19960

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 3339901187
  • Lot Size Acres: 0.2491
  • Lot Size Sq Ft: 10850
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: KC Parcel Viewer
  • MLSSquareFootageSource: KC Parcel Viewer
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.2
  • LeasedItems: None
  • TotalMonthlyIncome: 15002

Multi Family

  • Gross Scheduled Income: 179580
  • Net Operating Income: 115199
  • Number Of Units Total: 8
  • Insurance Expense: 2831
  • Leasable Area: 6849
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2025
  • Tax Annual Amount: 22510

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $1,830,000 -- $267 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2422038

Northwest Multiple Listing Service (NWMLS)