Auburn, WA 98002,1019 18th St NE
Auburn, WA 98002,1019 18th St NE
Auburn, WA 98002,1019 18th St NE
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Listed by Lee & Associates Commercial RE Nisha A Tomar 
$950,000
Est. payment /mo
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6 Beds
4.5 Baths
3,560 SqFt
New

1019 18th St NE Auburn, WA 98002

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $266

Subdivision Auburn

MLS Listing ID 2468482

Style 53 - Tri-plex

Bedrooms 6

Year Built 1989

Annual Tax Amount $7,768

Lot Size 0.322 Acres

Lot Dimensions 89x156

Property Sub-Type Multi Family

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.

Location

State WA

County King

Area 310 - Auburn

Interior

Flooring Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Garage Spaces 3.0

Amenities Available Cable TV, Fenced-Partially, Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Cul-De-Sac, Curbs, Dead End Street, Paved, Value In Land

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Mountainview High

School District Auburn

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, VA Loan

Listing Terms Cash Out, Conventional, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Whitney Johnson

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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