2826 D PL SE, Auburn, WA 98002
2826 D PL SE, Auburn, WA 98002
2826 D PL SE, Auburn, WA 98002
2826 D PL SE, Auburn, WA 98002
2826 D PL SE, Auburn, WA 98002
2826 D PL SE, Auburn, WA 98002
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Katy Smith

Katy Smith

+1(253) 222-3282
Listed by:COMPASS • Marius ion
$ 949,998
Est. payment | /mo

8 Beds

4 Baths

3,560 SqFt

Save
$ 949,998
Est. payment | /mo
Save

8 Beds

4 Baths

3,560 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $266

Subdivision Auburn

MLS Listing ID 2574331

Style 54 - 4-Plex

Bedrooms 8

Year Built 1985

Annual Tax Amount $9,141

Lot Size 8,712 Sqft

Lot Dimensions 60x146

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County King

Area 310 - Auburn

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio

View Y/N Yes

View Territorial

Roof Type Tile

Building

Lot Description Cul-De-Sac, Dead End Street, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Pioneer Elem

Middle Schools Olympic Mid

High Schools Auburn Snr High

School District Auburn

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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Katy Smith
Katy Smith

REALTOR® Lic# 86299

+1(253) 222-3282

4801 S 19th St, Tacoma, WA 98405

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2826 D PL SE