Listed price in listed location currency (USD).
$925,000

006

MLS® 2592953

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $7,768
Days Active 4
Lot Size 0.3216 Acres
Approx. Age 1989
MLS® Number 2592953

Property Address: 1019 18th St Ne, Auburn, WA, 98002-3382

Average square foot calculated using Size range provided by listing agent.

Description

Calling all investors and owner-occupant buyers! With a cap rate of 7.35%, this townhome-style triplex in Meadow Brooke Estates combines rental income, rental upside, and future development potential. An owner-occupant could live in one unit while renting the other two. Located near North Auburn’s schools, restaurants, and shopping, the property offers approximately 3, 560 rentable SF across three spacious units, each featuring 2 bedrooms plus a den, 1.5 baths, in-unit laundry, an attached garage, driveway parking, and access to a shared yard. Unit C recently done and Unit A was remodeled last year. Annual net operating income is reported at $67, 923, with pro forma NOI of $72, 483 reflecting potential rental increases. Situated on a 14, 010 SF lot with R-10 zoning, the property also offers potential for future residential development, subject to City approval. Convenient access to downtown Auburn, major highways, and Green River College makes this an appealing opportunity for investors and buyers seeking a home with rental income potential.
MLS® Number2592953
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1989
Basement
Driveway
Garage Spaces
HeatBaseboard
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 9, 2026List Date
$925,000List Price
  • Commute

Commute

Starting Address
Destination Address
1019 18Th St Ne, Auburn, WA

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