4950 S 298th # 98001 Auburn, WA $ 675,000
4950 S 298th # 98001
$ 675,000
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4950 S 298th # 98001

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

Monthly Estimate*

$ 4,211

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

Lots and Land for sale in Auburn, WA

for $675,000. The lot size is 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. 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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Lots and Land Active

Price

$ 675,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,004

Style

Res-Over 1 Acre

Lot Size

2.38

Town/City

Auburn

County/Region

King

MLS | Web ID

2441934

Features
General
Living Area 0
Sewer In Street
Utilities Electricity Available Natural Gas Available
Possession Closing
HOA Fee 0
Unit Number 98001
Property Subtype Land
Tax Year 2025
County King
Property Type Land
HOA N
Subdivision Name Auburn
Possible Use Multi-Family Residential
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.
High School Thomas Jefferson Hig
City Auburn
Senior Community Y/N N
High School District Federal Way
Zoning Description Multi-Family Residential
MLS Area 100 - Jovita/West Hill
Lot Size Units Square Feet
Lot Size Square Feet 103672
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Camelot Elem
Tax Annual Amount 2004.97
Middle/Junior High School Kilo Jnr High
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. Located in a thrivin
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Gas Status In Street
Property Style 41 - Res-Over 1 Acre
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source In Street
Building Area Total 0
Lot Size Acres 2.38
Road Surface Type Paved
Waterfront Y/N N
Irrigation Water Rights Y/N N
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Internal Only
OriginalMLSID NWM2441934
Street Number 1 4950
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* Excluded Features
List By
Vadim Polishchuk

Listing Agent

Skyline Properties, Inc.

Broker

Affordability Calculator

$4,378
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,211
Monthly Property Taxes
$167
Monthly Home Insurance
--
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4678616 Elementary School
257164 Middle School
Thomas Jefferson Hig High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$675,000 Listed Price

Map


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4950 S 298th # 98001, Auburn, WA, 98001 is a Lots and Land for sale at $675,000 with a lot size of 2.38. 4950 S 298th # 98001 is a studio with 0.0 baths. The property's zip code is 98001 which is in Auburn, WA