$949,998
Est. $4,884/mo2826 D Place Se, Auburn, WA 98002
• Listed 2026-08-26•3 days on market
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Based on information submitted to the MLS GRID as of August 26, 2026 at 11:58am (date and time MLS GRID Data was obtained). 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.
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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.
Listed by Marius ion • COMPASS
Listing updated: August 26, 2026 at 11:58am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2574331
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2826 D Place Se, Auburn, WA 98002
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Auburn is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
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Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Auburn School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
