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
Sold
Listed by: COMPASS • Rachel Harwood
Bought with: ZNonMember-Office-MLS
$1,805,000
802 21st Street SE, Auburn, WA 98002
2beds
1baths
5,920sqft
Multi Family
Built in 1977
-- sqft lot
$1,242,600 Zestimate®
$305/sqft
$1,759 Estimated rent
Home value
$1,242,600
$1.04M - $1.45M
$1,759/mo
Zestimate® history
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List your homeWhat's special
Fully fenced private backyardsPrivate garagesUpdated fixturesIn-unit laundryNew roofsStainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Rachel Harwood,
COMPASS
Bought with:
Non Member ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2394374
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 5,920
- Total interior livable area: 5,920 sqft
Property
Parking
- Total spaces: 19
- Parking features: Garage, Open
- Garage spaces: 7
- Uncovered spaces: 12
Lot
- Size: 0.95 Acres
- Features: Paved, Sidewalk, Cable TV, Fenced-Fully, High Speed Internet
Details
- Parcel number: 2285140000
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1977
- Major remodel year: 2001
Utilities & green energy
- Sewer: Sewer Connected
- Water: Community
Community & HOA
Community
- Subdivision: Auburn
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $305/sqft
- Tax assessed value: $438,200
- Annual tax amount: $15,553
- Date on market: 12/29/2025
- Cumulative days on market: 89 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Sold | $1,805,000-9.8%$305/sqft |
Source:  NWMLS as distributed by MLS GRID #2394374 Report a problem | ||
| 8/4/2025 | Pending sale | $2,000,000$338/sqft |
Source: NWMLS as distributed by MLS GRID #2394374 Report a problem | ||
| 7/9/2025 | Listed for sale | $2,000,000+172.1%$338/sqft |
Source: NWMLS as distributed by MLS GRID #2394374 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/15/2020 | Listing removed | $1,525 |
Source: Owner Report a problem | ||
| 4/2/2020 | Listed for rent | $1,525 |
Source: Owner Report a problem | ||
| 6/17/2015 | Sold | $735,000-9.8%$124/sqft |
Source: Agent Provided Report a problem | ||
| 5/31/2006 | Sold | $815,000$138/sqft |
Source: NWMLS as distributed by MLS GRID #26027142 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,619 +25.7% | $438,200 +19.6% |
| 2024 | $4,470 -19.6% | $366,300 -18.2% |
| 2023 | $5,560 +4.1% | $448,000 -3.2% |
| 2022 | $5,344 +2.5% | $463,000 +18.7% |
| 2021 | $5,215 +2.3% | $389,900 +8.1% |
| 2020 | $5,096 +9% | $360,600 +9.4% |
| 2019 | $4,673 +47.4% | $329,700 +33.5% |
| 2018 | $3,171 -12.5% | $246,900 +9% |
| 2017 | $3,623 +24.3% | $226,600 -7.5% |
| 2016 | $2,914 | $245,000 |
| 2015 | $2,914 | $245,000 +19.1% |
| 2014 | -- | $205,750 |
Find assessor info on the county website
Neighborhood: 98002
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Nearby schools
GreatSchools rating
- 4/10Pioneer Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Olympic Middle SchoolGrades: 6-8Distance: 0.1 mi
- 2/10Auburn Senior High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,242,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,242,600
- Washington
- King County
- Auburn
- 98002
- 802 21st Street SE
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