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2826 D Place SE, Auburn, WA 98002

$949,998 (Active)
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Listed by: Marius ion - COMPASS

2826 D Place SE, Auburn, WA 98002

$$949,998
Active
est.$949,998/month.
beds. baths. 8,712 Sqft.

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2826 D Place SE, Auburn, WA 98002

$949,998
Active
est.$949,998/month.
beds baths 8,712 Sq.ft.
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Property details for 2826 D Place SE, Auburn, WA 98002
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.
Broker details: COMPASS

Listed by: Marius ion
Co-listing Broker: COMPASS
Co-listing Agent: Anthony Ng
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Property Description

MLS Information

  • Listing: 2574331
  • Listing Last Modified: 2026-08-26

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 1985
  • Subdivision: Auburn

Geographic Data

  • County: King
  • MLS Area: Auburn
  • Directions: 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
Features

Interior Features

  • Flooring: Laminate, Vinyl, Carpet

Exterior Features

  • Roof type: Tile
  • Lot description: Cul-De-Sac, Paved
  • View: Territorial

Parking

    Utilities

    • Water: Public
    • Heating: Electric, Baseboard
    Property Information

    Tax Information

    • Tax Annual Amount: $9,141

    Disclaimer

    Based on information submitted to the MLS GRID as of Thu Aug 27 2026 (5.15 AM). IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. 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. The three tree icon represents listings courtesy of NWMLS.
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    Home Description

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