Home / 802 21st Street SE, Auburn, WA 98002 (MLS # 2394374)

802 21st Street SE, Auburn, WA 98002 (MLS # 2394374)

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Listing provided courtesy of Northwest MLS; COMPASS

PRICE $2,000,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,920 sqft
LOT SIZE 41,587 sqft
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7-unit multifamily property offering strong current income and long-term potential. Each spacious 2BD/1BA unit has been renovated with luxury vinyl plank flooring, stainless steel appliances, and updated fixtures. Major capital improvements"”including new roofs, furnaces, and water heaters"”eliminate deferred maintenance. Tenants enjoy in-unit laundry, private garages, and fully fenced private backyards. Ideally located between Seattle and Tacoma, close to walkable schools, transit, and major employers. The Kent/Auburn submarket saw 95.3% occupancy in Q1 2025 and is projected for effective rent increases of 4.2% through 2025. Offers a true 6.8% cap rate with potential for income growth. Optional portfolio sale w/ nearby 8-unit MLS#2394373

LAST UPDATED 7/9/2025 NEIGHBORHOOD Auburn
YEAR BUILT 1977 COMMUNITY Auburn
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 310 - Auburn
CONSTRUCTION Wood Siding
HEAT Electric, Forced Air, Natural Gas
LOT 0.9547 acre(s)
LOT DESCRIPTION Paved, Sidewalk
MLS STATUS Active
STORIES 1
STYLE 55 - 5-9 Units
SUBDIVISION Auburn
TAXES 15553
UTILITIES Cable Available, Sewer Connected
ZONING Multi-Family
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/4/25 2:54 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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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