1019 18th St NE, Auburn, WA, 98002
1019 18th St NEAuburn, WA 98002
Listing courtesy of Nisha A Tomar of Lee & Associates Commercial RE
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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.
| 14 hours ago | Listing updated with changes from the MLS® | |
| 15 hours ago | Status changed to Active | |
| yesterday | Listing first seen on site |
Listing courtesy of Nisha A Tomar of Lee & Associates Commercial RE
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Last checked: 2026-01-15 06:34 AM PST

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