$1,375,000
Est. $7,341/mo2801 I Street Ne, Auburn, WA 98002
• Listed Sep 17, 2026•9 days active · 9 cumulative
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Listing Broker: Lee & Associates Commercial RE; Nisha A Tomar; 253-722-9203; ntomar@lee-associates.com
About this home
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.
Listed by Nisha A Tomar • Lee & Associates Commercial RE
Listing updated: September 17, 2026 at 04:01pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2583821
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
2801 I Street Ne, Auburn, WA 98002
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Mortgage payment forecast
$8,716 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Market pulse
Auburn is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 65 days.
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 17, 2026 at 04:01pm (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.
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