501 21st Street
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    Courtesy of COMPASS and NWMLSNWMLS

    OverviewEstate Overview - $2,300,000Closed

    Listing View4
    Like Count-
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    501 21st Street,

    Auburn, WA 98002

    Turnkey 8-unit multifamily investment with strong returns and future upside.Each spacious 2BD/1BA unit has been extensively 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 private garages, in-unit laundry, and large shared fenced yards.Ideally located between Seattle and Tacoma, close to walkable schools, transit, and major employers.The Kent/Auburn submarket saw 95.3% occupancy in the Q1 2025 and is projected for effective rent increases of 4.2% through 2025...See More

    • 0 Beds
    • 0 Baths
    • 8000 Sqft
    • Residential Income

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 2,300,000
    Listing Date: 07/09/2025
    Days on dealty:Was on Dealty for 163 days
    County:King
    MLS Type:NWMLSNWMLS
    Built In:1973
    Has HOA:No
    Status Change Date:December 19, 2025
    Pool:No
    Cumulative Days on market:20 days
    Last Updated:01/19/2026, 04:46:50 AM
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: Multi Family
    • Construction materials: Brick, Wood
    • Roof: Composition
    Flooring
    • Vinyl Plank
    • Carpet
    Interior Spaces
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    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: Brick, Wood,
    Lot Details
    • Lot size: 0.921 Acres / 40117 Square feet

    AmenitiesAmenities

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    Utilities
    • Cooling - None
    • Heating - Baseboard
    Laundry
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    Parking
    • Garage Spaces: 8

    HOAHOA & Financial

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    Primary HOA
      No
    Second HOA
      No
    Third HOA
      No

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
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    Neighborhood
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    NeighborhoodExplore The Area

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    AgentListing Agent

    Agent
    Rachel Harwood

    (COMPASS)

    MLS # NWM2394373

    501 21st Street

    Auburn, WA 98002

    $2,300,000
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    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/501-21st-street-auburn-wa-98002
    Approx sqft
    8000
    Year Built
    1973
    Garage
    16
    Lot Size
    40117 sqft/ 0.923 acres

    Turnkey 8-unit multifamily investment with strong returns and future upside. Each spacious 2BD/1BA unit has been extensively 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 private garages, in-unit laundry, and large shared fenced yards. Ideally located between Seattle and Tacoma, close to walkable schools, transit, and major empl...(Visit the link to Get more info)

    AGENT CONTACT
    Renee Tulliani
    COMPASS

    Northwest Multiple Listing Service

    Based on information submitted to MLS Grid as of 01/19/2026, 04:46:50 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.