$1,375,000
Est. $7,616/mo2801 I Street NE, Auburn, WA 98002
• Listed Sep 17, 2026•30 days active · 30 cumulative
Listing Broker: Lee & Associates Commercial RE; Nisha A Tomar; 253-722-9203; ntomar@lee-associates.com
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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
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
Layout
- Multi-Family
Schools
Ratings via SchoolDigger- Dick Scobee Elementary SchoolPublic · Grades PK-5 · 0.8 mi · State rank 1,078 of 1,1381/10
- Cascade Middle SchoolPublic · Grades 6-8 · 0.3 mi · State rank 404 of 5142/10
- Auburn Senior High SchoolPublic · Grades 9-12 · 1.6 mi · State rank 294 of 3962/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.92 acres
- Lot square feet
- 40,017 sq ft
- Topography
- Level
- Lot details
- Corner Lot, Sidewalk
Zoning & use
- Zoning description
- Commercial,Multi-Family
- Zoning jurisdiction
- City
- Possible use
- Commercial, Multi-Family
- Restrictions
- See Remarks
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- In Street
- Gas
- In Street
- Water
- In Street
- Sewer
- In Street
Road & access
- Road surface
- Paved
- Road information
- Paved
- Road on which side
- East, South
Surveys & reports
- Sketch submitted
- Yes
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Financing
- Assumable, Cash
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 2801 I Street NE
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 17, 2026ListedNWMLS via MLS Grid · #2583821$1,375,000
- Jan 26, 2015Recorded saleKing County recorder · Statutory warranty deed$450,000
Mortgage payment forecast
$8,991 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%.
Ask about this home
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Listing Broker: Lee & Associates Commercial RE; Nisha A Tomar; 253-722-9203; ntomar@lee-associates.com
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 63 days.
Recent sales nearby
Within 1 mile · last 6 months$450,000 Sold
4 days ago
5 bd•2.75 ba•~2,424 sq ft•Single Family
1905 20th Street NE, Auburn, WA 98002
0%
Over list
33
Days on market
0.9 mi
Distance
$110,000 Sold
2 weeks ago
3 bd•1.75 ba•Single Family
3611 I Street NE ##23, Auburn, WA 98002
15%
Under list
37
Days on market
0.6 mi
Distance
$60,000 Sold
3 weeks ago
3 bd•2 ba•Single Family
3611 I Street NE #235, Auburn, WA 98002
14%
Under list
28
Days on market
0.6 mi
Distance
$400,000 Sold
4 weeks ago
2 bd•1 ba•~930 sq ft•Single Family
1705 19th Dr NE, Auburn, WA 98002
7%
Over list
29
Days on market
0.8 mi
Distance
$120,000 Sold
4 weeks ago
3 bd•1.75 ba•Single Family
3611 I Street NE #301, Auburn, WA 98002
4%
Under list
388
Days on market
0.6 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 17, 2026 at 5:37 PM PT (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.
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