This listing courtesy of Marius ion , COMPASS

$999,998

2826 D Place SE, Auburn, WA 98002

Multi-Family Home
Built in 1985
8,712sqft lot
—— car garage
$——/sqft
Listed 16 days ago

Property Description

Prime location Auburn 4-Plex offering durable cash flow today with meaningful upside ahead. Four identical 2 Bedroom, 1 Bathroom homes are thoughtfully laid out, with two upper residences featuring private decks and two lower residences offering private patios. Each home includes in unit washer and dryer, updated appliances and comfortable living rooms anchored by fireplaces, supporting strong long term tenant demand. Interior improvements have been completed throughout the building, highlighted by a fully renovated Unit D that sets the benchmark for future rent growth. The property provides four covered carport parking spaces plus two additional surface spaces, a valuable amenity in this high demand location. Fully fenced outdoor areas enhance privacy and tenant retention while maintaining easy property management. Rents remain below market, presenting a clear value add opportunity through future lease renewals and continued improvements. Excellent proximity to major freeways allows convenient access throughout the South Sound and greater Seattle corridor. Nearby restaurants, shopping, parks, transit, and everyday services further strengthen tenant appeal and long term occupancy. Tucked slightly off main roads, the setting feels private while remaining minutes from daily conveniences. All units are currently occupied with long term tenants, providing immediate income from day one.

Listing Status:: Active
Data Last Updated:: February 14, 2026 at 5:22AM
Listing Office:: COMPASS : 425-242-6440
Listing Agent:: Marius ion : 425-242-6440
MLS ID:: 2473055

Flooring: LaminateVinylCarpet
A/C: None
Heating: Baseboard
Fireplace: Fireplaces: 0

General: Wood
Parking: Parking spaces: 2

Roofing: Tile
General: 54 - 4-PlexPoured Concrete

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Auburn
County: King

Zoning: 7153300020
View: TerritorialView

Water: Public
Sewer: Sewer Connected

Source: nwmls

This listing courtesy of Marius ion , COMPASS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pioneer Elementary School

1825 K St SE, Auburn, WA, 98002

Grades PK-5

0.67 miles away

Olympic Middle School

839 21st St SE, Auburn, WA, 98002

Grades 6-8

0.58 miles away

Auburn Riverside High School

501 Oravetz Rd SE, Auburn, WA, 98092

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.