1019 18th ST NE, Auburn, WA 98002
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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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Julie Hodges

Julie Hodges

+1(425) 220-0617
Listed by:Lee & Associates Commercial RE • Nisha A Tomar
$ 935,000
Est. payment /mo
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Active

1019 18th ST NE Auburn, WA 98002

5 Beds

4.5 Baths

3,560 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $262

Subdivision Auburn

MLS Listing ID 2477753

Style 12 - 2 Story

Bedrooms 5

Full Baths 3

Half Baths 3

Year Built 1989

Annual Tax Amount $7,768

Lot Size 0.322 Acres

Lot Dimensions 89x156

Property Sub-Type Single Family Residence

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

Rooms

Basement None

Interior

Flooring Carpet

Fireplace false

Appliance Dishwasher, Refrigerator

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, Fenced-Partially, Patio

View Y/N Yes

View Territorial

Roof Type Composition

Garage Yes

Building

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

Story Two

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, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

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

NEARBY SCHOOLS & PROPERTIES

Julie Hodges

Julie Hodges

Designated Broker | Real Estate Advisor | License ID: 25283

+1(425) 220-0617

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1019 18th ST NE