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$949,998
2574331 MLS ⋅ ACTIVE Status
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.

2826 D Place SE, Auburn

Listing Broker: COMPASS; Marius ion; 425-466-7876; marius.ion@compass.com

$1,100,000
2545347 MLS ⋅ ACTIVE Status
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth.It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, LVP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.

3838 D Place SE, Auburn

Listing Broker: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com

$975,000
2514381 MLS ⋅ ACTIVE Status
NEW PRICE! Exceptional investment opportunity featuring a 4-plex in a heart of Auburn w/ all identical 2-bedroom, 1-bath units—two upper units with decks and two lower units with patios and Large backyards! Each unit includes in-unit washer/dryer, dishwasher, and a cozy living room with fireplace. Recent updates include Fresh Exterior Paint and new Perimeter Fencing. Unit A has been recently updated, ideal for a new tenant or owner-occupant looking to House Hack! Each unit has a dedicated covered carport spot, plus two additional surface spaces, street parking, and a gravel area that can be turned into more parking (Buyer to verify). Three units are occupied by long-term tenants with below-market rents, offering clear potential for increased cash flow! Convenient Downtown Auburn location close to amenities. Add to your portfolio or start a new one! Sale subject to tenant rights.

2810 D Place SE, Auburn

Listing Broker: Pellego, Inc.; Vadym Kriuchek; 425-397-1505; vadym@cityhometeam.com

$950,000
2503231 MLS ⋅ ACTIVE Status
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, L VP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.

3842 D Place SE, Auburn

Listing Broker: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com

Based on information submitted to the MLS GRID as of . 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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