Homes for sale - 802 21st ST SE, Auburn, WA 98002

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Theresa Ahdieh

hello@theresaahdieh.com +1(425) 286-5782

Listed by COMPASS

$ 2,000,000

Est. payment | -/mo

2 Beds

1 Bath

5,920 SqFt

Save

$ 2,000,000

Est. payment | -/mo

Save

2 Beds

1 Bath

5,920 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,920 sqft

Price per Sqft $337

Subdivision Auburn

MLS Listing ID 2394374

Style 55 - 5-9 Units

Bedrooms 2

Year Built 1977

Annual Tax Amount $15,553

Lot Size 0.955 Acres

Property Sub-Type Multi Family

Property Description

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

Location

State WA

County King

Area 310 - Auburn

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood

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

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Community

New Construction No

Schools

School District Auburn

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Theresa Ahdieh

REALTOR® | Lic# 131191

hello@theresaahdieh.com

+1(425) 286-5782

301 NE 100th st Suite 200 Seattle, WA, 98125

802 21st ST SE Auburn, WA 98002

Theresa Ahdieh

Key Details

Location

Interior

Exterior

Building

Schools

Others

802 21st ST SE