109 S Division St, Auburn, WA 98001

Multifamily · Auburn · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 191 reachable multifamily buildings in Auburn. Larger than 98% of multifamily buildings in Auburn (median 13,348 SF), derived from assessor records.

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Building size: 296,051 SF, King County Assessor
Lot size: 62,569 SF, King County Assessor
Year built: 2019, King County Assessor
Stories: 7, King County Assessor
Predominant use: The Verge Auburn Apartments, King County Assessor
Units: 226, King County Assessor
Assessed value: $59,071,500, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $199.53/SF, derived from assessor records
Lot coverage: 473%, derived from assessor records
Vintage: 2010s vintage
Zoning: DUC, King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

17 S Division St, Auburn · 0.1 mi · 216,091 SF · built 2021 · assessed $227.87/SF
124 W Main St, Auburn · 0.1 mi · 12,260 SF · built 1900 · assessed $106.17/SF
2 E Main St, Auburn · 0.1 mi · 127,690 SF · built 2014 · assessed $286.91/SF
307 S Division St, Auburn · 0.1 mi · 45,477 SF · built 1967
107 W Main St, Auburn · 0.1 mi · 39,732 SF · built 1982
128 E Main St, Auburn · 0.1 mi · 59,356 SF · built 2023 · assessed $276.70/SF

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Sale history and market context

MakeMe Estimate: $57,705,380 (estimated market value), with a likely range of $52,708,349 to $59,552,426 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $255K per unit at the midpoint (226 units).

Current ownership dates to 2008 (about 18 years) per recorded transfers.

2 administrative transfers (no consideration), 2015 to 2018

2013-12-27: $855,000 from Auburn City of to MW Holdings Auburn SW Block LLC (part of a 3-parcel sale; price is the whole deal), rec. 20131227000290

2008-10-16: $1,599,900 from Auburn Station LLC to Auburn City of (part of a 2-parcel sale; price is the whole deal), rec. 20081016001133

2006-08-29: $850,000 from Private party to Auburn Station LLC (non-market transfer), rec. 20060830001845

2004-06-15: transfer from Private party to Private party (non-market transfer), rec. 20040830002878

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $39,609,245 (2022) to $59,071,500 (2026), up 49% over 4 years, per county tax rolls. The 2026 roll splits $59,071,500 into $0 land and $59,071,500 improvements.

Zoning: DUC (per King County)

Lot: 62,569 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 215,884 SF; Parking Levels (Intermediate/Under Building) 78,174 SF; Retail Store 1,993 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2026-01-28: Other, permit PLM25-0382

2025-11-05: Other, declared value $7,500, permit TEN25-0120

2021-03-02: Other, declared value $18,400 (Complete), permit SGN20-0065

2019-08-14: Other (Complete), permit MEC19-0446

2019-07-02: Other (Complete), permit MEC19-0359

2019-07-02: Other (Complete), permit PLM19-0100

2019-06-17: Building, New (Complete), permit EXC19-0226

2019-03-14: Other (Complete), permit GRA18-0026

2019-02-20: Building, New (Complete), permit EXC19-0057

2019-02-12: Building, New, declared value $29,555,258 (Complete), permit BLD17-0338

Source: King County permit records (newest first).