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4950 S 298th Auburn, WA $ 675,000
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4950 S 298th
$ 675,000
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New Construction
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4950 S 298th

Auburn, WA, 98001
$ 675,000
Baths0.0

Monthly Estimate*

$ 4,211

Listed by Skyline Properties, Inc.
4950 S 298th, Auburn, WA 98001 - Image 1
4950 S 298th, Auburn, WA 98001 - Image 2
4950 S 298th, Auburn, WA 98001 - Image 3
4950 S 298th, Auburn, WA 98001 - Image 4
4950 S 298th, Auburn, WA 98001 - Image 5
4950 S 298th, Auburn, WA 98001 - Image 6
4950 S 298th, Auburn, WA 98001 - Image 7
4950 S 298th, Auburn, WA 98001 - Image 8
4950 S 298th, Auburn, WA 98001 - Image 9
Studio

Multi-Family Home for sale in Auburn, WA

for $675,000. This home was built in 2025 on a lot size of 2.38.

Prime Development Opportunity! Approved permits in hand for an 8-unit multifamily project featuring thoughtfully designed 1-bedroom, 1-bath units perfect for strong rental demand. Sale is for land only. Located in a thriving neighborhood with excellent access to amenities, transit, and major highways. Offering a flexible turnkey solution for developers or investors. This fully permitted project is ready for immediate groundbreaking, with potential to convert the units into condos and sell individually—maximizing your investment options in a high-demand market!

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Multi-Family Active

Price

$ 675,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5-9 Units

Lot Size

2.38

Year Built

2025

Town/City

Auburn

County/Region

King

MLS | Web ID

2387877
Features
General
Living Area 0
Sewer Available
Heating Other See Remarks
Cooling Other See Remarks
Possession Closing
Roof See Remarks
HOA Fee 0
Year Built 2025
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 0
Insurance Expense 0
New Construction Y
Property Type Residential Income
HOA N
Subdivision Name Auburn
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From South 288th Street go south on 51st Ave S. West on S 298th Street. Property is right after the fire station.
City Auburn
Senior Community Y/N N
High School District Federal Way
Zoning Description Multi-Family
Open Parking Spaces 0
Number Of Units Total 8
MLS Area 100 - Jovita/West Hill
Lot Size Units Square Feet
Lot Size Square Feet 103672
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 0
Electric Expense 0
Fuel Expense 0
Public Remarks Prime Development Opportunity! Approved permits in hand for an 8-unit multifamily project featuring thoughtfully designed 1-bedroom 1-bath units perfect for strong rental demand. Sale is for land onl
Leasable Area 9754
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 0
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Exterior
Exterior Amenities See Remarks
Total Parking 0
Building Area Total 0
Lot Size Acres 2.38
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type See Remarks
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2387877
Street Number 1 4950
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* Excluded Features
List By
Vadim Polishchuk

Listing Agent

Skyline Properties, Inc.

Broker

Affordability Calculator

$4,211
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,211
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258885 Elementary School
257703 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/26/2025$675,000 Listed Price

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4950 S 298th, Auburn, WA, 98001 is a Multi-Family Home for sale at $675,000 with a lot size of 2.38. 4950 S 298th is a studio with 0.0 baths and was built in 2025. The property's zip code is 98001 which is in Auburn, WA

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