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MLS: #NWM2574331, Listed By: Marius ion, COMPASS, Source:NWMLS - Northwest Multiple Listing Service

2826 D Place

Auburn, WA 98002
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Bed 0

Bed

Bath 0

Bath

SqFt3,560

Sqft

Acres0.20

Acre(Lot)

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 p roperty 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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Detail Ic Property Details

Property Type : Residential Income

Price : $949,998

AD Id : 90088526

MLS Id : NWM2574331

Lot Size : 0.20 Acre

Living Area Size : 3,560

Tax Amount : 9141.00

Year Built : 1985

County : King

Subdivision: South Florida Rr Add

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Feature Features

  • Interior Features

    Roof: Tile

    Roofing Information

    Tile
  • Flooring Information

    Flooring: Laminate, Vinyl, Carpet Construction Materials: Wood
  • Heating & Cooling

    Heating: Baseboard Has Heating: Yes Cooling: None WaterSource: Public

  • Building Information

    Year Built: 1985
  • Exterior Features

    Wood Construction Materials: Wood Foundation Details: Poured Concrete

  • Lot Information

    Lot Dimensions: 60x146 Lot Description: Cul-De-Sac, Dead End Street, Paved, Sidewalk Lot Square Feet: 8712 Lot Acres: 0.2

    Property Information

    Property Type: Residential Income Sub Type: Multi Family Structure Type: Quadruplex

  • Listing Price Information

    Original List Price:$949998

  • Tax Information

    Annual Tax: $9141 Tax Year: 2025 Parcel Number: 7153300020

  • Parking Information

    Total Parking: 6

  • School Information

    Elementary School: Pioneer Elem Junior High School: Olympic Mid Senior High School: Auburn Snr High
  • Utility Information

    Sewer: Sewer Connected Water Source: Public
  • Location Information

    Subdivision: Auburn City: Auburn Direction: Directions: From 18 in Auburn exit S on Auburn Way S, then S on M St SE. Turn W onto 29th St SE and then turn into the complex at D St SE. Turn right (E) onto D Place SE and building is next to last 4
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
903 31st Street, Auburn, WA, 98002 $1,000,000 -- -- 3,806 0.22 Acre
911 30th Street, Auburn, WA, 98002 $1,249,000 -- -- 3,806 0.24 Acre
1019 18th Street, Auburn, WA, 98002 $935,000 -- -- 3,560 0.32 Acre
1315 K Street, Auburn, WA, 98002 $600,000 -- -- 1,860 0.17 Acre
306 2nd St, Auburn, WA, 98002 $989,000 -- -- -- 0.15 Acre
417 22nd Street, Auburn, WA, 98002 $799,999 -- -- 2,352 0.23 Acre
2810 D Place, Auburn, WA, 98002 $975,000 -- -- 3,560 0.24 Acre
3842 D Place, Auburn, WA, 98002 $950,000 -- -- -- 0.22 Acre
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ByOwner last updated this listing 09/03/2026 @ 06:20

MLS: NWMLS #2574331 LISTED BY: Marius ion, COMPASS 425-242-6440 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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