King County · Auburn
Sell Your Commercial Property In Auburn, WA
From Downtown Auburn to Lakeland Hills, we buy Auburn multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Auburn Submarkets: Downtown Auburn · Lea Hill · Lakeland Hills · West Hill — King County and Pierce County, WA
Local Demand
Our View On Auburn
Auburn, a city of 85,676 residents spanning King and Pierce counties in the Census Bureau's ACS 2020-2024 estimates, pairs Green River Valley employers with a renter-heavy housing stock. Renters hold 39.4% of Auburn's occupied homes, and median gross rent is $1,786 a month. Owners who sell commercial property in Auburn, WA bring a newer stock to market: Auburn's median year built is 1991, and 25.7% of its 31,800 housing units sit in buildings of five or more units, near Boeing's Auburn operations.
Boeing in Auburn
The Boeing Company is Auburn's largest employer at 3,935 employees, per the City of Auburn's major employers list.MultiCare Auburn Medical Center
MultiCare Auburn Regional Medical Center employs 1,482 people, per the City of Auburn's major employers list.Green River College
Green River College employs 830 people in Auburn, per the City of Auburn's major employers list.Our Buy Box
What We Buy In Auburn
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Auburn Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Auburn
Renters hold 39.4% of Auburn's occupied homes, or 11,981 of 30,393 households, per ACS 2020-2024 tenure data. Auburn has 8,185 homes in buildings of five or more units, 25.7% of its 31,800 housing units, per ACS units-in-structure data. Auburn's median year built is 1991, and 33.3% of homes predate 1980, per ACS year-built data.
Rents and affordability
Auburn's median gross rent is $1,786 a month, per ACS 2020-2024 rent data, $763 below HUD's FY2027 two-bedroom fair market rent for the Seattle-Bellevue area. Among Auburn renters, 53.8% spend 30% or more of income on rent, and 27.5% spend 50% or more, per ACS table B25070.
| Unit size | HUD FY2027 FMR, Seattle-Bellevue, WA HUD Metro FMR Area (King County) | HUD FY2027 FMR, Tacoma, WA HUD Metro FMR Area (Pierce County) |
|---|---|---|
| Efficiency | $2,091 | $1,491 |
| One-bedroom | $2,180 | $1,682 |
| Two-bedroom | $2,549 | $2,064 |
| Three-bedroom | $3,324 | $2,849 |
| Four-bedroom | $3,954 | $3,219 |
Source: HUD fair market rent documentation.
Property taxes in King and Pierce counties
Auburn's King County tax code area 0133 carries a 2026 combined levy rate of $11.86739 per $1,000 assessed value, per the King County Assessor's 2026 ratebook. A $2,000,000 building there owes $23,734.78 a year. Owners who sell commercial property in Auburn, WA should price that carry cost first. In Auburn's Pierce County portion, levy code 740 carries $10.18093 per $1,000, or $20,361.86 on $2,000,000, per the Pierce County Assessor-Treasurer.
Washington's real estate excise tax is usually paid by the seller, per the Department of Revenue. Anyone who must sell commercial real estate in Auburn, WA on a $2,000,000 sale beginning January 1, 2027 owes $31,208.50 at the state graduated rates in RCW 82.45.060. Auburn's 0.50% local rate adds $10,000, for $41,208.50, per the DOR local rate table.
Landlord rules in Auburn
Washington landlords return deposits or itemize deductions within 30 days under RCW 59.18.280, and need a written agreement and move-in checklist before collecting a deposit under RCW 59.18.260. Rent increases require 90 days' written notice under RCW 59.18.140, and the 2026 maximum increase is 9.683%, per the Attorney General.
RCW 35.21.830 preempts rent control by Washington cities and towns, with public and low-income exceptions. Auburn requires most residential rentals to hold a Rental Housing License, per the City of Auburn's rental housing page.
What it means for an owner
The Boeing Company is Auburn's largest employer at 3,935 employees, per the City of Auburn's major employers list. MultiCare Auburn Regional Medical Center employs 1,482, and Green River College employs 830.
To sell commercial property in Auburn, WA, lead with the $763 gap to HUD's two-bedroom benchmark and the 25.7% share of 5+ unit buildings. Test pricing with our cap rate calculator. Skyline Capital Investments buys buildings of five or more units; to sell your apartment building in Auburn, start with our sell my apartment building page.
Local Knowledge
Selling In Auburn
More about selling in Washington →Investing in Auburn? See apartment syndications in Auburn →
- Auburn's King County tax code area 0133 carries an $11.86739 per $1,000 levy rate on commercial buildings.
- Selling commercial property in Auburn means pricing against a $1,786 median rent, $763 below HUD's two-bedroom benchmark.
- Owners who sell commercial real estate in Auburn, WA face $41,208.50 in excise tax on a $2,000,000 sale.
Seller Guides
Your Situation, Handled — Auburn
Learn More
Taxes & Rules For Auburn Property
The Washington rules that shape any deal in Auburn: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Auburn Seller FAQ
What should I know before I sell commercial property in Auburn, WA?
Renters hold 39.4% of Auburn homes in ACS 2020-2024, and median gross rent is $1,786 a month, per the Census Bureau. King County tax code area 0133 carries an $11.86739 per $1,000 levy rate, or $23,734.78 a year on a $2,000,000 building, per the King County Assessor.
What taxes come due when I sell commercial real estate in Auburn, WA?
The seller usually pays Washington's real estate excise tax, per the Department of Revenue. On a $2,000,000 sale beginning January 1, 2027, the state graduated portion is $31,208.50, and Auburn's 0.50% local rate adds $10,000, for $41,208.50.
Can Auburn pass its own rent control?
No. RCW 35.21.830 preempts rent control by Washington cities and towns, with public and low-income exceptions. Statewide, the 2026 maximum annual increase is 9.683%, per the Attorney General, and RCW 59.18.140 requires 90 days' written notice before an increase.
How do Auburn rents compare with HUD's benchmark?
Auburn's median gross rent is $1,786 in ACS 2020-2024, $763 below HUD's FY2027 two-bedroom rent of $2,549 for the Seattle-Bellevue area. Owners who sell multifamily property in Auburn can show buyers that gap when modeling rents and vacancy.
What drives rental demand in Auburn?
The Boeing Company employs 3,935 people in Auburn, MultiCare Auburn Regional Medical Center employs 1,482, and Green River College employs 830, per the City of Auburn's major employers list. Those three employers anchor renter households across the King County and Pierce County portions of Auburn.
Do I need to fix up my Auburn building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
Can I sell my Auburn apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Auburn with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Auburn?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Tell Us About Your Property In Auburn
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
