2826 D Place Se, Auburn, WA 98002
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: marius ion, anthony ng
Office: compass425-242-6440
MLS#:2574331
Source:NWMLS
2826 D Place Se,Auburn, WA 98002
$949,998
- - Beds
- - Baths
- 3,560 sq. ft.
- Multi-family
- Active
Price summary
- Price:$949,998
- Price per sq. ft.:$266.85
About this home
Prime Auburn location with a cap rate over 7%, strong existing rents, and reliable long-term tenants with an opportunity to occupy one of the units and have established rents in the other 3. This well-maintained fourplex offers immediate cash flow with additional upside over time. The building has also recently been repainted on the exterior, enhancing its curb appeal and reducing near-term maintenance for the next owner.Each of the four homes features two bedrooms, one bathroom, in-unit laundry, updated appliances, a fireplace, and a comfortable, functional layout. Both upper residences have been remodeled with attractive modern finishes and include private decks. The two lower residences offer private patios and fenced outdoor areas, providing added privacy and strong tenant appeal.The property also includes four covered carport spaces and two additional surface parking spaces. Conveniently located near major freeways, shopping, restaurants, parks, transit, and everyday services, the property provides easy access throughout the South Sound and greater Seattle area while remaining tucked away from the main road.All four units are currently occupied by established tenants, providing dependable income from day one. With strong rents already in place, two remodeled upper units, a freshly painted exterior, and a cap rate close to 7%, this is a compelling opportunity for investors seeking durable cash flow in a high-demand rental market....
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Home facts
- Year built:1985
- Subdivision & Development:Auburn
- Listing ID #:2574331
- Updated:November 04, 2026 at 02:12 PM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl Floor
- Living area:3,560 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Tile
- Year built:1985
- Building area:3,560 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Cul-De-Sac, Dead-end Street, Paved, Sidewalk
- Construction Materials:Wood Exterior Finish
- Exterior Features:Deck, Fenced-Fully, Patio
Schools
- High school:Auburn Snr High
- Middle school:Olympic Mid
- Elementary school:Pioneer Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$949,998
- Price per sq. ft.:$266.85
- Tax amount:$9,141 (2025)
Features and amenities
- Amenities:Cable TV, High Speed Internet
Parking
- Total parking spaces:6
- Carport spaces:4
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