1019 18th St NE St, Auburn, WA 98002 (MLS # 2468482)
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Listing provided courtesy of Northwest MLS; 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.
| LAST UPDATED | 1/14/2026 | TRACT | Auburn |
|---|---|---|---|
| YEAR BUILT | 1989 | COMMUNITY | Auburn |
| GARAGE SPACES | 3.0 | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Mountainview High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 310 - Auburn |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric |
| LOT | 0.3216 acre(s) |
| LOT DESCRIPTION | Cul-de-sac, Curbs, Dead End Street, Paved, Value In Land |
| LOT DIMENSIONS | 89x156 |
| MLS STATUS | Active |
| STORIES | 1 |
| STYLE | 53 - Tri-plex |
| SUBDIVISION | Auburn |
| TAXES | 7768 |
| UTILITIES | Cable Available, Sewer Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/21/26 11:04 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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