4950 S 298th
Auburn, WA 98001
Map
- – beds
- – baths
- – sqft
- ~2 acre lot
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!
Last checked:
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Last updated Jun 6, 2025
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MLS# 2387343 —
The Building
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Structure Type:Unspecified
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Building Area Units:Square Feet
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.335835
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Longitude:-122.272486
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Directions:From South 288th Street go south on 51st Ave S. West on S 298th Street. Property is right after the fire station.
The Property
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Property Type:Land
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Property Subtype:Land
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Parcel Number:0321049132
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Lot Size Units:Square Feet
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Lot Size Acres:2.38
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Lot Size SqFt:103672
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Lot Size Source:Realist
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Zoning Description:Multi-Family,Residential
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Zoning Jurisdiction:County
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Electric On Property:false
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View:false
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Waterfront:false
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Road Surface:Paved
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Road Information:Paved
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Possible Use:Multi-Family, Residential
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Zoning:R6
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (844) 819-1373
- Office phone:
- (844) 819-1373
Taxes
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Tax Year:2025
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Tax Annual Amount:2004.97
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:false
Utilities
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Utilities:Electricity Available, Natural Gas Available
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Water Jurisdiction:Lakehaven
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Water Source:In Street
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Sewer:In Street
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Electricity Status:In Street
Schools
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Elementary School:Camelot Elem
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Middle Or Junior School:Kilo Jnr High
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High School:Thomas Jefferson Hig
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High School District:Federal Way
The Community
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Subdivision Name:Auburn
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Senior Community:false
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Association:false
Parking
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Carport:false
Listing courtesy of NWMLS / Orchard Brokerage, LLC
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/3/25
Jun 3, 2025
|
Listed / Active | NWMLS | $675,000 | |
|
10/25/21
Oct 25, 2021
|
Price Changed | NWMLS | ||
|
7/14/21
Jul 14, 2021
|
Price Changed | NWMLS |
