PROPERTIES FOR SALE

1019 18th Street NE Auburn, WA 98002

NWMLS Courtesy of Lee & Associates Commercial RE
1019 18th Street NE
Auburn, WA 98002
$950,000
Residential
5 Beds
4.50 Baths
3560 SqFt
Active
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Calling all investors! Don’t miss this rare opportunity to own a townhome-style triplex in the highly desirable Meadow Brooke Estates, ideally located within walking distance of North Auburn’s schools, restaurants, and shopping. Each well-maintained unit offers approximately 1,187 SF with 2 bedrooms + den, 1.5 baths, in-unit laundry, individual attached garages, additional driveway parking, and access to a shared yard area. Major capital items including roof, windows, and siding have been replaced, making this a low-maintenance, turnkey investment. All three units are currently leased with historically low vacancy, providing immediate, stable cash flow. Zoned R-10, the property allows for a variety of residential uses, including short-term rental use subject to City of Auburn regulations, offering potential operational flexibility for future ownership strategies. With a 5.75% cap rate, strong in-place tenancy, and a prime location just minutes from downtown Auburn, major highways, and Green River College, this asset presents a compelling opportunity for investors seeking durability, flexibility, and long-term demand.

Property Features

Community: Auburn
Bank Owned
2 Story
View: Territorial
Cable TV
Fenced-Partially
Patio
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Parking: Driveway
Parking: Attached Garage
Parking: Off Street
Year Built: 1989
2025 Taxes: $7768.00
Buyer Broker Comp.: 2.5%
Listing #: 2477753

Lot Details

Lot Size: 0.32 acres
Lot Dimensions: 89x156
Cul-De-Sac
Curbs
Dead End Street
Paved
Value In Land

Appliances That Stay

Dishwasher(s)
Refrigerator(s)

Interior

Cooling: None
Heating: Baseboard
Electric

Schools

District: Auburn
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Mountainview High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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