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Renovated Fourplex With Covered Carport
For Sale
$799,999

417 22nd St Se, Auburn, WA 98002

Single-story quadplex with updated interiors, dedicated storage, shared laundry, and one vacant residence.

Property SizeContact for details
Days on Market19

Property Features for 417 22nd St Se

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 1BR, 2 x 2BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $6,334

Amenities

dedicated storage
shared laundry room
covered carport parking

Building Details

Buildings 1
Stories 1
Listing Agency: Operation Red Dot
Listed By: James Marszalek
Source: Exprealty
Added: Jul 24 Changed: Aug 9 Last Checked: Aug 11 at 10:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Operation Red Dot

Investment Insights

Based on property information with market context.

This single-story quadplex contains two one-bedroom units and two two-bedroom units. All four residences have been renovated within the last several years, with modern appliances, LVP flooring, and refreshed interiors. Each unit includes dedicated storage. The two-bedroom units are served by a 920sq ft covered carport with 4 storage units, and a secure shared laundry room is located beneath the carport.

Three residences are occupied by long-term tenants, while the fourth has been freshly renovated and is vacant. The property is positioned near Downtown Auburn, shopping, dining, transit, and Highway 18, with access to the surrounding area and commuting routes. No HOA is associated with the property.

Key Highlights

  • Four‑unit mix includes two 1‑bedroom and two 2‑bedroom residences
  • All four units renovated within the last several years
  • 920sq ft covered carport with 4 storage units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Catering Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 98002, WA

38,474
Population
15,279
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
84%
High-School Grad
7.2 sq mi
ZIP Area
5,344
Density / Sq Mi
$77,714
Median Household Income
$44,616
Median Earnings
$1,613
Median Rent
$397,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Single-story quadplex with updated interiors, dedicated storage, shared laundry, and one vacant residence.
Where is this quadplex located?
The property is located at 417 22nd St Se Auburn, WA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Four‑unit mix includes two 1‑bedroom and two 2‑bedroom residences; All four units renovated within the last several years; 920sq ft covered carport with 4 storage units
More about this property
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