1019 18th Street NE

Auburn, WA 98002

  • 5 Bed

  • 6 Bath

  • 3560 SqFt

  • 24 DOM

  • Built: 1989

  • Status: Active

$950,000

X

1019 18th Street NE

Auburn 98002

$950000

  • 5 Bed

  • 6 Bath

  • 3560 SqFt

  • 24 DOM

  • Built: 1989

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 3560

  • 5

  • 3

  • 3

  • 6

  • Composition

  • 12 - 2 Story

  • 1989

  • None

  • None

  • Poured Concrete

Features and Utilities

  • Dishwasher, Refrigerator

  • Wood, Wood Products

  • Public

  • Available

Financial

  • 7768

  • Cash, Conventional, VA Loan

  • 01-14-2026

Comparable Information

  • 24

  • 24

  • Cash, Conventional, VA Loan

  • $950,000

  • $950,000

  • Mar 05, 2026 19:35

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Mountainview Hi N/A Ratings

Map

Listing courtesy of Lee & Associates Commercial RE.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Apr 19, 2026 19:39 | Listing last modified Mar 05, 2026 19:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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