About 3842 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-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, L VP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.
Features of 3842 D Place Se
| MLS® # | 2503231 |
|---|---|
| Price | $950,000 |
| Acres | 0.22 |
| Year Built | 1981 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 3842 D Place Se |
|---|---|
| Area | 310 - Auburn |
| Subdivision | Auburn |
| City | Auburn |
| County | King |
| State | WA |
| Zip Code | 98002 |
Amenities
| Parking Spaces | 4 |
|---|---|
| View | Territorial |
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Brick, Metal/Vinyl |
|---|---|
| Lot Description | Corner Lot, Cul-De-Sac, Dead End Street, Paved, Sidewalk |
School Information
| District | Auburn |
|---|
Additional Information
| Date Listed | April 6th, 2026 |
|---|---|
| Days on Market | 134 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Northmarq Multifamily, LLC |
|---|