Auburn 55 presents a compelling 55-unit multifamily development opportunity on approximately 0.92 acres in North Auburn. The generally level infill site is currently planned for a four-story, elevator-served apartment community with 67 parking stalls, including 37 covered spaces. R-NM zoning supports multifamily development, and substantial preliminary work has already been completed, including conceptual plans, a feasibility and market study, development budget, surveys, and additional due diligence materials. Convenient access to SR-167, SR-18, Auburn Station, and the future RapidRide I Line provides strong connectivity to major South King County employment and transit hubs, creating an attractive opportunity for developers seeking a well-positioned infill multifamily project.
| MLS # | 2583821 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 38 |
| Listing Provided By | Lee & Associates Commercial RE | Nisha A Tomar |
| Zoning | Commercial,Multi-Family |
|---|---|
| Acreage | 0.92 |
| State | WA |
|---|---|
| County | King |
| City | Auburn |
| Zip Code | 98002 |
| Area | 310 Auburn |
| Community Name | North East Auburn |
| Listing VS Median (in North East Auburn) | |
Price: $1,375,000 low | high Med: $539,950 On site: 38 low | high Med: 39 | |
| State | WA |
|---|---|
| County | King |
| City | Auburn |
| Zip Code | 98002 |
| Area | 310 Auburn |
| Community Name | North East Auburn |
| Listing VS Median (in North East Auburn) | |
Price: $1,375,000 low | high Med: $539,950 On site: 38 low | high Med: 39 | |