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Marius Ion

2826 D Place SE

$999,998 2826 D Place SE, Auburn, WA 98002
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.
  • For Sale
    Status
  • 1985
    Year Built
  • 3,560 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 3,560 Sq.Ft.
  • Total Area: 3,560 Sq.Ft.
  • Lot Size: 8,712 Sq.Ft.
  • MLS® ID: 2473055
  • Type: Multi-Family
  • Year Built: 1985
  • View Description: Territorial
  • Elementary School:Pioneer Elem
  • Middle School: Olympic Mid
  • High School: Auburn Snr High
  • School District: Auburn

Interior

  • Flooring: Laminate, Vinyl, Carpet

Exterior & Building

  • Stories: 2
  • Water Source: Public
  • Roof: Tile
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • Heat Type: Baseboard
  • Air Conditioning: None
  • Sewer: Sewer Connected
  • Substructure: Poured Concrete
  • Security Features: Fully Fenced
  • Other Exterior Features: Wood

Financial

  • Sales Price: $999,998
  • Real Estate Tax: $9,141/yr

2826 D Place SE

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