802 21st Street SE Auburn, WA $ 2,000,000
802 21st Street SE
$ 2,000,000
Share Save

802 21st Street SE

Auburn, WA, 98002
$ 2,000,000
Baths0.0 Sq 5,920

Monthly Estimate*

$ 12,477

Listed by COMPASS
802 21st Street SE, Auburn, WA 98002 - Image 1
802 21st Street SE, Auburn, WA 98002 - Image 2
802 21st Street SE, Auburn, WA 98002 - Image 3
802 21st Street SE, Auburn, WA 98002 - Image 4
802 21st Street SE, Auburn, WA 98002 - Image 5
802 21st Street SE, Auburn, WA 98002 - Image 6
802 21st Street SE, Auburn, WA 98002 - Image 7
802 21st Street SE, Auburn, WA 98002 - Image 8
802 21st Street SE, Auburn, WA 98002 - Image 9
802 21st Street SE, Auburn, WA 98002 - Image 10
802 21st Street SE, Auburn, WA 98002 - Image 11
802 21st Street SE, Auburn, WA 98002 - Image 12
802 21st Street SE, Auburn, WA 98002 - Image 13
802 21st Street SE, Auburn, WA 98002 - Image 14
802 21st Street SE, Auburn, WA 98002 - Image 15
802 21st Street SE, Auburn, WA 98002 - Image 16
802 21st Street SE, Auburn, WA 98002 - Image 17
802 21st Street SE, Auburn, WA 98002 - Image 18
802 21st Street SE, Auburn, WA 98002 - Image 19
802 21st Street SE, Auburn, WA 98002 - Image 20
802 21st Street SE, Auburn, WA 98002 - Image 21
802 21st Street SE, Auburn, WA 98002 - Image 22
802 21st Street SE, Auburn, WA 98002 - Image 23
802 21st Street SE, Auburn, WA 98002 - Image 24
802 21st Street SE, Auburn, WA 98002 - Image 25
802 21st Street SE, Auburn, WA 98002 - Image 26
802 21st Street SE, Auburn, WA 98002 - Image 27
Studio

Multi-Family Home for sale in Auburn, WA

for $2,000,000. This 5,920 square foot home was built in 1977 on a lot size of 0.9547.

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

See more

Multi-Family Pending

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,553

Style

5-9 Units

Lot Size

0.9547

Year Built

1977

Town/City

Auburn

County/Region

King

MLS | Web ID

2394374

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Fully Fenced
Year Built 1977
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 135599
Insurance Expense 4411
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Auburn
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions Harvey road becomes M St turn right onto 21st St SE Complex on the left
City Auburn
Senior Community Y/N N
High School District Auburn
Zoning Description Multi-Family
Open Parking Spaces 12
Number Of Units Total 1
MLS Area 310 - Auburn
Lot Size Units Square Feet
Lot Size Square Feet 41585
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 15553
Electric Expense 3495
Fuel Expense 3495
Public Remarks 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 updat
Leasable Area 5915
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Units Below Grade false
Units In Building Total 7
Water Sewer Garbage 3496
Property Style 55 - 5-9 Units
Cap Rate 6.78
See more
Exterior
Exterior Amenities Wood
Lot Features Paved Sidewalk
Water Source Community
Total Parking 19
Foundation Details Poured Concrete
Building Area Total 5920
Lot Size Acres 0.9547
Waterfront Y/N N
Covered Spaces 7
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully High Speed Internet
Parking Uncovered Spaces 12
See more
Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Internal Only
OriginalMLSID NWM2394374
Street Number 1 802
See more
* Excluded Features
List By
Rachel Harwood

Listing Agent

Compass

Broker

Affordability Calculator

$13,773
Per Month
91%
9%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$1,296
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
257071 Elementary School
258444 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2025$2,000,000 Listed Price

Map


See all

802 21st Street SE, Auburn, WA, 98002 is a Multi-Family Home for sale at $2,000,000 with 5,920 sqft and a lot size of 0.9547. 802 21st Street SE is a studio with 0.0 baths and was built in 1977. The property's zip code is 98002 which is in Auburn, WA