Property Details
1019 18th Street NE, Auburn, WA 98002
Auburn, WA 98002
$950,000
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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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
Auburn
Listed
Jan 14, 2026
Interior Features
Bedrooms
5
Bathrooms
6.0
Half Baths
3
Living Area
3,560 sq ft
Basement
None
Entry Level
Main
Exterior & Lot
Lot Size
0.32 sqft
Year Built
1989
Exterior Materials
Wood
Parking
Driveway, Attached Garage, Off Street
Sewer
Available
Water Source
Public
Lot Features
Cul-De-Sac, Curbs, Dead End Street, Paved, Value In Land
Exterior Features
Wood, Wood Products
Location
City
Auburn
County
King
Coordinates
47.32447, -122.21662
Schools
School District
Auburn
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Mountainview High
Additional Information
Tax Year
2025
Annual Taxes
$7,768
Possession
Array
Inclusions
Dishwasher(s),Refrigerator(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of April 3, 2026 6:17 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
