$399,950
Est. $2,077/mo3 bd•1.5 ba•1,250 sq ft
29605 40th Place S, Auburn, WA 98001
• Listed 2026-09-10•New today
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Calling all investors, renovators & visionaries! Welcome to this 1968 rambler is ready for its next chapter. Featuring a generous sized livingroom with wood burning insert, 3 bedrooms plus a spacious bonus room, kitchen with eating space and a 2-car garage, there’s plenty here to work with. The home is largely original and needs a hug from top to bottom~but that’s where the opportunity begins! Step outside to a large back deck, two storage sheds and a generous yard, all tucked into an established Auburn neighborhood. Bring your contractor, your creativity and your vision to breathe new life into this diamond in the rough. Cash buyers~this one is for you!
Listed by Jamie Penrod • Renaissance Real Estate LLC
Listing updated: September 10, 2026 at 09:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2579933
29605 40th Place S, Auburn, WA 98001
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
Federal Way School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$2,220 per month
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Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Auburn is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 14 days.
$40,000 Sold
3 weeks ago
3 bd•1 ba•~1,510 sq ft•Single Family
3805 S 282nd Street, Auburn, WA 98001
20%
Under list
—
Days on market
0.8 mi
Distance
$490,000 Sold
3 months ago
3 bd•1 ba•~1,040 sq ft•Single Family
29027 38th Avenue S, Auburn, WA 98001
2%
Under list
—
Days on market
0.3 mi
Distance
$10,000 Sold
3 months ago
•Single Family
37 Xxx 47th Avenue, Auburn, WA 98001
0%
Over list
—
Days on market
0.5 mi
Distance
$699,999 Sold
4 months ago
5 bd•3 ba•~2,280 sq ft•Single Family
3434 S 290th Street, Auburn, WA 98001
0%
Over list
—
Days on market
0.4 mi
Distance
$1,080,000 Sold
4 months ago
4 bd•3.25 ba•~2,815 sq ft•Single Family
31037 44th Avenue S, Auburn, WA 98001
4%
Under list
—
Days on market
1.0 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 10, 2026 at 09:27am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (3)
See more →
Open Fri, Sep 11
Open Sat, Sep 12
Open Sun, Sep 13$540,000
+$140,050 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $434K and $610K.
Rental earnings
$1,625/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$540,000Last sold price
4016 S 297th Place, Auburn, WA 98001
$540,000Last sold price
4016 S 297th Place, Auburn, WA 98001
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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