1019 18th Street NE, Auburn, WA 98002 (MLS # 2595574)

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Listing provided courtesy of Northwest MLS; Lee & Associates Commercial RE

PRICE $925,000 dsIDX morgage calculator
BEDS 6
BATHS 4.5
HOME SIZE 3,560 sqft
LOT SIZE 14,009 sqft
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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.

LAST UPDATED 10/16/2026 TRACT Auburn
YEAR BUILT 1989 COMMUNITY Auburn
COUNTY King STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Dryer, Refrigerator, Washer
AREA 310 - Auburn
BASEMENT None
GARAGE Attached Garage, Yes
HEAT Baseboard, Electric
INTERIOR Dbl Pane/Storm Window, Walk-In Closet(s)
LOT 0.3216 acre(s)
LOT DESCRIPTION Cul-de-sac, Paved, Sidewalk
MLS STATUS Active
PARKING Driveway, Attached, RV Access/Parking
STORIES 2
STYLE 12 - 2 Story
SUBDIVISION Auburn
TAXES 7768
UTILITIES Sewer Connected
WATER Public
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Properties with the Logo 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 10/20/26 1:32 AM PDT. 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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