1019 18th ST NE, Auburn, WA 98002
1019 18th ST NE, Auburn, WA 98002
1019 18th ST NE, Auburn, WA 98002
1019 18th ST NE, Auburn, WA 98002
1019 18th ST NE, Auburn, WA 98002
1019 18th ST NE, Auburn, WA 98002
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Gordy Lindstrom

Gordy Lindstrom

+1(425) 772-5845
Listed by:Lee & Associates Commercial RE • Nisha A Tomar
$ 925,000
Est. payment | /mo

6 Beds

6 Baths

0.32 Acres Lot

Save Virtual Tour
$ 925,000
Est. payment | /mo
Save Virtual Tour

6 Beds

6 Baths

0.32 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Auburn

MLS Listing ID 2592953

Style 53 - Tri-plex

Bedrooms 6

Year Built 1989

Annual Tax Amount $7,768

Lot Size 0.322 Acres

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

View Y/N No

Roof Type Composition

Building

Sewer Available

Water Public

New Construction No

Schools

School District Auburn

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1595908-sale&address=1019-18th-St-NE&officeId=2900

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOLS & PROPERTIES
Gordy Lindstrom

?My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ?

+1(425) 772-5845

gordy@pdhomegroup.com

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1019 18th ST NE