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.
Listing Provided Courtesy of Steve Fischer, Northmarq Multifamily, LLC
General Information
NWM2397211
Multi Family
1
DOM
9604.98 SqFt
0
1981
Multi-F
King
Residential Incom
Multi Family
Listing Provided Courtesy of Steve Fischer, Northmarq Multifamily, LLC
Krishna Realty data last checked: Jun 24, 2025 12:35 | Listing last modified Jun 23, 2025 23:48,
Source:
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.
