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Listed by: Marius ion (425) 466-7876 , Anthony Ng (206) 877-2855 | COMPASS (425) 242-6440
$949,998
Monthly Est:$4,728
8 Beds
4 Baths
3,560sqft
2826 D Pl Se, Auburn, WA 98002
$949,998
$4,728/moEst:
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Multi Family
Built in 1985
$-- HOA
8,712 sqft lot
$267/sq.ft
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.
- Houzeo last checked: 10 hours ago
- Listing updated: September 21, 2026 at 2:28 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2574331
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1985
HOA Fees
-
Finished Area
3,560 sqft
Lot Size
8,712 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2574331
MLS Status
Active
Days on Market
36
Cumulative Days on Market
208
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Flooring
Laminate, Vinyl, Carpet
Exterior Features
Wood
Sewer
Sewer Connected
Heating
Baseboard
Cooling
None
Construction
Year Built
Year Built: 1985
Home type
Multi Family
Roof
Tile
Property Condition
Good
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Security Features
Fully Fenced
Water Source
Public
Other Features
Lot Features
Cul De Sac, Dead End Street, Paved, Sidewalk
Subdivision Name
Auburn
Price History
| Date | Event | Price |
|---|---|---|
09/21/2026 Source: | Listed for Sale | $949,998 $267/sqft |
09/11/2026 Source: | Pending | $949,998 -5.00% $267/sqft |
07/29/2026 Source: | Listing Removed | $999,998 $281/sqft |
01/28/2026 Source: | Listed for Sale | $999,998 +27.39% $281/sqft |
05/02/2023 Source: | Price Increased | $785,000 +75.23% $221/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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