$949,998
 $5,100 est/mo Sourced by Back At You

2826 D Place,Auburn, WA 98002

Auburn, WA 98002

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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.

Details

MLS #2574331
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1985
Days On Site23
Listing Provided ByCOMPASS | Marius ion

Features

SQ Feet3,560
Car PortYes
Story(s)2
Units4
ZoningMulti-Family
Acreage0.20
Property ViewYes

Taxes

Property9141

Area Information

StateWA
CountyKing
CityAuburn
Zip Code98002
Area310 Auburn
Community NameAuburn
School DistrictAuburn Snr High
Elementary SchoolPioneer Elem
High SchoolAuburn Snr High
Listing VS Median (in Auburn)
Price:
$949,998
low | high
Med:
$499,950
97.373573418049% of Average
sqft:
3,560
low | high
Med:
1,770
100% of Average
$ / sqft:
$267
low | high
Med:
$282
44.152497948167% of Average
On site:
23
low | high
Med:
51
45.098039215686% of Average
Sourced by Back At You

Market Activity 98002

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Learn More About This Property

StateWA
CountyKing
CityAuburn
Zip Code98002
Area310 Auburn
Community NameAuburn
School DistrictAuburn Snr High
Elementary SchoolPioneer Elem
High SchoolAuburn Snr High
Listing VS Median (in Auburn)
Price:
$949,998
low | high
Med:
$499,950
97.373573418049% of Average
sqft:
3,560
low | high
Med:
1,770
100% of Average
$ / sqft:
$267
low | high
Med:
$282
44.152497948167% of Average
On site:
23
low | high
Med:
51
45.098039215686% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $712K - $1.187M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
2810 D Place Property Photo 1
$975,000
2810 D Place
Auburn, WA 98002
Listing Updated: September 11, 2026 at 7:30:42 AM PDT