Lee & Associates Commercial RE
About 3601 I Street Ne
I Street Apartments presents a well-maintained 16-unit community in Auburn, WA, built in 1988 on a 26,875 SF C3-zoned lot between the regional hubs of downtown Auburn and Kent. This strategic location offers strong connectivity via SR-167, access to major employers, retail, transit, and growing economic activity. The unit mix includes spacious 1- and 2-bedroom layouts with in-unit laundry, balconies/patios, and updates in select units. Durable systems, 24 off-street parking stalls, and double-pane windows (2016) enhance operational stability. With strong in-place rents and minimal deferred maintenance, the property offers compelling cash flow and long-term upside via light interior upgrades.
Features of 3601 I Street Ne
| MLS® # | 2400905 |
|---|---|
| Price | $3,795,000 |
| Bathrooms | 0.00 |
| Square Footage | 15,780 |
| Acres | 0.62 |
| Year Built | 1988 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 3601 I Street Ne |
|---|---|
| Area | 310 - Auburn |
| Subdivision | Auburn |
| City | Auburn |
| County | King |
| State | WA |
| Zip Code | 98002 |
Amenities
| Parking Spaces | 24 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Wall Unit(s) |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Metal/Vinyl |
|---|---|
| Lot Description | Corner Lot |
| Foundation | Slab |
School Information
| District | Auburn |
|---|
Additional Information
| Days on Market | 118 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lee & Associates Commercial RE |
|---|