4950 S 298th
Auburn, WA 98001
2.38 acres | #2387343
Description
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!
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available
- Style41 - Res-Over 1 Acre
- High SchoolThomas Jefferson Hig
- Middle SchoolKilo Jnr High
- Date ListedJune 03, 2025
- Elementary SchoolCamelot Elem
- School DistrictFederal Way
- Structure TypeUnspecified
- Sewer InformationIn Street
- Utility SourceIn Street
- Property TypePurchase
- Original List Price$675,000
- MLS #2387343
- MLS #2387343
- SubdivisionAuburn
- Taxes Annual$2,004
- Cost675000
- Acres2.38
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)2
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-06-04 16:49:11. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Vadim Polishchuk (#NWM137852)
Listing Office: Orchard Brokerage, LLC (#NWM6928)
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