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About the Listing 6432 - 108242,38708
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.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 4.5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Auburn
Exterior Details
- Lot Description: Cul-De-Sac,Curbs,Dead End Street,Paved,Value In Land,Cable TV,Fenced-Partially,Patio,Zoning: Multi-Family
- Garage Capacity: 3 car
- Lot Dimensions: 89x156
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood,Wood Products
- Sewer: City of Auburn
Financial Details
- Tax Amount: $7,768
- Taxes w/Assessments: N/A
- Tax/Property ID: 5409000110
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
1019 18th St NE Auburn, WA 98002
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