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Listed by: Nisha A Tomar (253) 722-9203 , Candice Chevaillier (206) 773-2696 | Lee & Associates Commercial RE (206) 773-2696
$925,000
Monthly Est:$4,604
6 Beds
6 Baths
--sqft
1019 18th Street NE, Auburn, WA 98002
$925,000
$4,604/moEst:
Get Pre-Approved
Multi Family
Built in 1989
$-- HOA
14,010 sqft lot
--/sqft
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 16, 2026 at 10:28 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2592953
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1989
HOA Fees
-
Finished Area
- sqft
Lot Size
14,010 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2592953
MLS Status
Active
Days on Market
11
Cumulative Days on Market
235
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Interior
Sewer
Available
Flooring
Carpet
Exterior Features
Wood, Wood Products
Heating
Baseboard
Cooling
None
Construction
Year Built
Year Built: 1989
Home type
Multi Family
Construction Materials
Wood
Foundation Details
Poured Concrete
Roof
Composition
Property Condition
Very Good
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Auburn
Price History
| Date | Event | Price |
|---|---|---|
10/09/2026 Source: | Listed for Sale | $925,000 -1.07% $260/sqft |
09/03/2026 Source: | Listing Removed | $935,000 $263/sqft |
08/24/2026 Source: | Listed for Sale | $935,000 $263/sqft |
08/17/2026 Source: | Pending | $935,000 +2.75% $263/sqft |
07/08/2022 Source: | Price Increased | $910,000 +133.93% $256/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 20, 2026, 02:32PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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