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$1,805,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Car Garage
  • Updated 3 hours ago

Listed by Rachel Harwood | Compass | (206) 328-7200
Sold by Non Member ZDefault | ZNonMember-Office-MLS

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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

Full Property Details for 802 21st St SE

General

  • Sold For: $1,805,000
  • Taxes: $15,553 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2394374
  • Added to Site: 193 day(s) ago

Interior

  • Flooring: Vinyl Plank

Additional Information

  • Amenities: Cable TV, Fenced-Fully, High Speed Internet
  • Security/Safety: Fully Fenced

Parking

  • Garage Spaces: 7
  • Uncovered Spaces: 12

Location

  • Area: 310 - Auburn
  • County: King
  • Subdivision: Auburn
  • Driving Directions: Harvey road becomes M St, turn right onto 21st St SE, Complex on the left

School Information

  • High School District: Auburn

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Community

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 5,920
  • Year Built: 1977

Unit Information

  • Units in Building: 7

Lot Features

  • Lot Size (Acres): 0.9547
  • Lot Size (Sq. Ft.): 41,585
  • Lot Size Source: Public Records
  • Lot Features: Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $15,553
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2285140000

Listed by Rachel Harwood | Compass | (206) 328-7200
Sold by Non Member ZDefault | ZNonMember-Office-MLS

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 802 21st St SE

School District:Auburn School District
NameGradesDistance
Pioneer Elementary School, Auburn, WA
2301 M Street Southeast, Auburn, WA 98002
PK-50.2 mi
Olympic Middle School, Auburn, WA
839 21st Street Southeast, Auburn, WA 98002
6-80.1 mi
Auburn Senior High School
711 East Main Street, Auburn, WA 98002
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 802 21st St SE

Date
Details
Price
Change
Source
12/18/2025
Sold
$1,805,000
-9.75%
MLS
7/09/2025
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Rachel Harwood | Compass | (206) 328-7200
Sold by Non Member ZDefault | ZNonMember-Office-MLS

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Price Reduced near 802 21st St SE

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Recent Sales near 802 21st St SE

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802 21st Street SE, Auburn, WA 98002 (MLS# 2394374) is a Multi-Family property that was sold at $1,805,000 on December 18, 2025. Want to learn more about 802 21st Street SE? Do you have questions about finding other Multi-Family real estate for sale in Auburn? You can browse all Auburn real estate or contact a Coldwell Banker agent to request more information.