1019 18th Street Ne, Auburn, WA 98002
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: nisha a tomar, candice chevaillier
Office: lee & associates commercial re
MLS#:2468482
Source:NWMLS
1019 18th Street Ne,Auburn, WA 98002
$950,000
- - Beds
- - Baths
- 3,560 sq. ft.
- Multi-family
- Active
Price summary
- Price:$950,000
- Price per sq. ft.:$266.85
About this home
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....
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Home facts
- Year built:1989
- Listing ID #:2468482
- Updated:March 18, 2026 at 10:58 AM
Rooms and interior
- Flooring:Carpet
- Living area:3,560 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1989
- Building area:3,560 sq. ft.
- Lot area:0.32 Acres
- Lot Features:Cul-De-Sac, Curbed Lot, Dead-end Street, Paved, Value In Land
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Fenced-Partially, Patio
Schools
- High school:Mountainview High
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Available
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$266.85
- Tax amount:$7,768 (2025)
Features and amenities
- Amenities:Cable TV
Parking
- Garage:Yes
- Garage spaces:3
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