Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2473055MLS Provider

2826 D Place SEAuburn, WA 98002

Multi-Family · 8 Beds · 3,560 Sq. ft. | 0.20 Acres
$999,998 Active

2826 D Place SE Overview

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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.

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2826 D Place SE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,560
  • Price/Sq.ft. $281
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Auburn
  • Elementary School: Pioneer Elem
  • Middle Or Junior School: Olympic Mid
  • High School: Auburn Snr High

Income/Expenses

  • Other Expense: 3340.73
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 82800
  • Insurance Expense: 747
  • Net Operating Income: 62837
  • Total Expenses: 19962.2
  • Total Monthly Income: 6900
  • Water/Sewer/Garbage: 6733.47

Building Information

  • New Construction: No
  • Year Built: 1985

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 310 - Auburn
  • Subdivision Name: Auburn

Tax Information

  • Tax Annual Amount: $9,141.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash Out, Conventional, FHA, USDA Loan, VA Loan
  • Parcel Number: 7153300020
  • Possible Use: Multi-Family
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3560
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3560
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 3560
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Fully Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Uncovered Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • Lot Size Acres: 0.2
  • Lot Size Dimensions: 60x146
  • Lot Size Square Feet: 8712
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Tile
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 4
  • Carport: No
  • Covered Spaces: 4
  • Exterior Features: Wood
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1550
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1700
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1800
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1850
  • Beds Total: 2
  • Baths Total: 1

2826 D Place SE Neighborhood

Community

98002 (Auburn) Demographics

36
Median Age
4,666
Population Density (per sq. mile)
28%
College Educated
$59,097
Estimated Median Income
6,151
Estimated Total Home Owners
7,011
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2826 D Place SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2826 D Place SE Market Data

Based on the last 30 days in this zip code

$342,336
Average List Price
$249
Average Price per Square Foot
27
Properties Sold
75
Average Days on Market
125
Properties for Sale
Calculations provided by Reliance Network

2826 D Place SE History

Date Event Value Agent
1/28/2026Source: NWMLS Added to Database
January 28, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021