Active
Listed by Nisha A Tomar • Lee & Associates Commercial RE.
FOR SALE
$935,000
Est. $4,743/mo5 bd•1.5 ba•3,560 sq ft
1019 18th Street Ne, Auburn, WA 98002
• Listed 2026-01-14•8 days on market
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About this home
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.
Property type
Single Family
Year built
1989
Open houses
No upcoming open houses scheduled for this property.
Around this home
Sold comparable homes
5 recent nearby sales, priced between $750K and $1.18M.
SOLD AUG 15, 2025
$765,000Last sold price
4 beds2.5 baths2,520 sq ft
30630 122nd Avenue Se, Auburn, WA 98092
$304/sq ft16 years newer
SOLD JUL 30, 2025
$750,000Last sold price
5 beds2.5 baths2,795 sq ft
29401 120th Avenue Se, Auburn, WA 98092
$268/sq ft25 years newer
SOLD JUL 7, 2025
$1,175,000Last sold price
5 beds2.5 baths3,224 sq ft
28811 118th Avenue Se, Auburn, WA 98092
$364/sq ft17 years newer
Property details
Bedrooms
- 5 bedrooms total
Bathrooms
- 1 full bathroom
- 1 half bathroom
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$5,678 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
Takes about 5 minutes & won't affect your credit
Get pre-approvedPlan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 3:25 PM PDT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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