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Kate Leonchenkova

katherina33@gmail.com +1(206) 234-5416

Listed by COMPASS Marius ion

$999,998

Est. payment - /mo

8 Beds

4 Baths

3,560 SqFt

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Sat Jan 31, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $280

Subdivision Auburn

MLS Listing ID 2473055

Style 54 - 4-Plex

Bedrooms 8

Year Built 1985

Annual Tax Amount $9,141

Lot Size 8,712 Sqft

Lot Dimensions 60x146

Property Sub-Type Multi Family

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.

Location

State WA

County King

Area 310 - Auburn

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio

View Y/N Yes

View Territorial

Roof Type Tile

Building

Lot Description Cul-De-Sac, Dead End Street, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Pioneer Elem

Middle Schools Olympic Mid

High Schools Auburn Snr High

School District Auburn

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash Out, Conventional, FHA, USDA Loan, VA Loan

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Kate Leonchenkova

+1(206) 234-5416

Broker | License ID: 76703

Broker License ID: 76703

2826 D PL SE Auburn, WA 98002

Kate Leonchenkova

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2826 D PL SE