1019 18th St Ne, Auburn, Washington 98002

WA, Auburn
$950,000
  • 3,560 Sqft
  • Residential Income Property Type
  • 1989 Year Built
  • Active Status
Property Description

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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2468482
  • Price: $950,000
  • View: Territorial
  • Square Footage: 3,560 Sqft
  • Year Built: 1989
  • Lot Area: 0.32 Acre
  • Status: Active
  • Office Name: Lee & Associates Commercial RE
  • Agent Name: Nisha A Tomar
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood, Wood Products
  • Flooring Carpet
  • Sewer Available
Address Map
  • Country US
  • State WA
  • County King
  • City Auburn
  • Zipcode 98002
  • Street: 18th
  • Street Number: 1019
  • Street Suffix: Street
  • Longitude: W123° 47' 0.2''
  • Latitude: N47° 19' 28.1''
  • Directions: Start on Auburn Way N, go east on 22nd St NE, turn south on I St NE, then go east on 18th St NE and the property will be on your left just before the cul-de-sac.
  • Mls Area Major: 310 - Auburn
  • Street Dir Suffix: NE
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Mountainview High
  • High School District: Auburn
  • Middle School: Buyer To Verify
Additional Information
  • Lot Size Dimensions: 89x156
  • Water Source: Public
  • Stories Total: 1
  • Possible Use: Multi-Family
  • On Market Date: 2026-01-14
  • Number Of Units Total: 3
  • Lot Features: Dead End Street, Paved, Curbs, Cul-De-Sac, Value In Land
  • Garage: 3
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 7768
Listing Information
  • Co List Agent Full Name: Candice Chevaillier
  • Co List Agent Mls Id: 38708
  • Co List Office Mls Id: 6432
  • Co List Office Name: Lee & Associates Commercial RE
  • List Agent Mls Id: 108242
  • List Office Mls Id: 6432
  • Listing Term: Cash Out,Conventional,VA Loan
  • Mls Status: Active
  • Modification Timestamp: 2026-02-07T00:58:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None, Bank Or REO
  • Status Change Timestamp: 2026-01-15T00:02:35Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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