501 21st St Auburn, WA 98002 – Auburn Heritage Portfolio

Auburn Heritage Portfolio (Status: Pending) 4300000

501, 21st St, Auburn, WA  98002

Introducing the Auburn Heritage Portfolio – an exceptional investment opportunity at 501 & 802 21st St SE, Auburn, WA 98002. This turnkey portfolio features two properties with a total of 15 meticulously renovated units, boasting a true 7-cap return. The properties underwent extensive renovations from 2022 to 2025, showcasing modern upgrades and premium amenities such as Luxury Vinyl Plank flooring and stainless-steel appliances. With an average unit size of 928 square feet, each unit consists of two bedrooms and one bathroom, offering a desirable living space for tenants. Situated in a prime location between Seattle and Tacoma, Auburn provides easy access to major employers and a high quality of life. The proximity to Green River College enhances rental appeal, making this portfolio an at

Listing Details

Asset Class: Multi-Family
Year Built: 1973
Building Total Square Feet: 13915
Available Lease Space Square Feet: 13915
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: R7

Listing Courtesy of: Berkadia Real Estate Advisors, LLC

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.