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Listing courtesy of NWMLS / COMPASS

802 21st Street SE

Auburn, WA 98002

– beds
– baths
5,920 sqft
~1 acre lot
$337 per sqft
2001 build

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

Listing courtesy of NWMLS / COMPASS

Last checked: Checking… • Last updated Jul 9, 2025 •

MLS# 2394374 —

The Building

Year Built:

1977
Year Built:

2001
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Multi Family
Roof:

Composition
Foundation Details:

Poured Concrete
Security Features:

Fully Fenced
Exterior Features:

Wood
Units In Building Total:

7
# of Units Total:

1
Stories Total:

1
Building Area Total:

5920
Building Area Units:

Square Feet
Calculated SqFt:

5920
SqFt Source:

Public Records
Construction Materials:

Wood

Interior

Flooring:

Vinyl Plank
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.289543
Longitude:

-122.218453
Directions:

Harvey road becomes M St, turn right onto 21st St SE, Complex on the left

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Parcel Number:

2285140000
Lot Features:

Paved, Sidewalk
Lot Size Units:

Square Feet
Lot Size Acres:

0.9547
Lot Size SqFt:

41585
Lot Size Source:

Public Records
Zoning Description:

Multi-Family
View:

false
Waterfront:

false
Possible Use:

Multi-Family
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

15553

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Forced Air

Utilities

Water Source:

Community
Sewer:

Sewer Connected
Water Sewer Garbage:

3496

Schools

High School District:

Auburn

The Community

Subdivision Name:

Auburn
Senior Community:

false
Association:

false

Parking

Parking Total:

19
Parking Uncovered Spaces:

12
Open Parking:

true
Open Parking Spaces:

12
Carport:

false
Covered Spaces:

7

Listing courtesy of NWMLS / COMPASS

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sun Jul 13 2025 11:24 AM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/9/25 Jul 9, 2025	Listed / Active	NWMLS	$2,000,000	145.4% (7.6% / YR)
5/31/06 May 31, 2006		NWMLS	$815,000

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This multifamily located in South Auburn, Auburn, WA 98002 is currently for sale for $2,000,000. 802 21st Street SE is a 5,920 square foot multifamily with – beds and – baths. 802 21st Street SE is in the South Auburn neighborhood of Auburn and has a WalkScore® of 54, making it somewhat walkable. This multifamily is in the attendance area of Pioneer Elementary School, Auburn Senior High School, Bowman Creek Elementary, Olympic Middle School, and Willow Crest Elementary School.

Listing courtesy of NWMLS / COMPASS

Disclaimer: The information contained in this listing has not been verified by COMPASS and should be verified by the buyer.