417 22nd Street SE Auburn, WA $ 799,999
417 22nd Street SE
$ 799,999
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417 22nd Street SE

Auburn, WA, 98002
$ 799,999
Bedrooms6 Baths4.0 Sq 2,352

Monthly Estimate*

$ 5,051

Listed by Operation Red Dot
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Multi-Family Home for sale in Auburn, WA

for $799,999 with 6 bedrooms and 4 full baths. This 2,352 square foot home was built in 1978 on a lot size of 0.2302.

Versatile single-story fourplex offering an excellent opportunity for investors and owner-occupants. The property includes two 1-bedroom units and two 2-bedroom units, with all four residences renovated within the last several years. Updates include modern appliances, durable LVP flooring, and refreshed interiors. Each unit also includes dedicated storage, while the two-bedroom units feature a 920sq ft covered carport parking with 4 storage units. A secure shared laundry room is conveniently located beneath the carport. Three units are currently occupied by long-term tenants, providing immediate rental income. The fourth unit has been freshly renovated and is vacant, ideal for an owner looking to live onsite while offsetting expenses or for an investor ready to place another tenant and maximize cash flow. This property was made for house hacking and NO HOA!! Conveniently located near Downtown Auburn, shopping, dining, transit, and Highway 18 for easy commuting.

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Multi-Family Active

Price

$ 799,999

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,334

Style

4-Plex

Lot Size

0.2302

Year Built

1978

Town/City

Auburn

County/Region

King

MLS | Web ID

2559823

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1978
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 60064
Insurance Expense 2717
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Auburn
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From Hwy 18 take the WA-164/Auburn Way S exit. Head south right on 21st St SE right on D St SE then left on 22nd St SE. Property is on the left.
High School Auburn Snr High
City Auburn
Senior Community Y/N N
High School District Auburn
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 310 - Auburn
Lot Size Units Square Feet
Lot Size Square Feet 10029
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Pioneer Elem
Tax Annual Amount 6334
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Mt Baker Mid
Property Condition Updated/Remodeled
Public Remarks Versatile single-story fourplex offering an excellent opportunity for investors and owner-occupants. The property includes two 1-bedroom units and two 2-bedroom units with all four residences renovat
Leasable Area 2352
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities See Remarks
Water Company City of Auburn
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 5090
Property Style 54 - 4-Plex
Cap Rate 7.51
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Slab
Building Area Total 2352
Lot Size Acres 0.2302
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Fenced-Partially High Speed Internet Outbuildings
Parking Uncovered Total 2
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2559823
Street Number 1 417
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* Excluded Features
List By
James Marszalek

Listing Agent

Operation Red Dot

Broker

Affordability Calculator

$5,579
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$528
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
3631947 Elementary School
258344 Middle School
Auburn Snr High High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$799,999 Listed Price

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417 22nd Street SE, Auburn, WA, 98002 is a Multi-Family Home for sale at $799,999 with 2,352 sqft and a lot size of 0.2302. 417 22nd Street SE has 6 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 98002 which is in Auburn, WA