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1019 18th Street NE, Auburn, WA 98002

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Listed by: Nisha Tomar - Lee & Associates Commercial RE

1019 18th Street NE, Auburn, WA 98002

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est.$950,000/month.
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5 beds. 3 baths. 14,010 Sqft.

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1019 18th Street NE, Auburn, WA 98002

$950,000
Active
est.$950,000/month.
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5 beds 4.5 baths 14,010 Sq.ft.
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Property details for 1019 18th Street NE, Auburn, WA 98002
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.
Broker details: Lee & Associates Commercial RE

Listed by: Nisha Tomar
Co-listing Broker: Lee & Associates Commercial RE
Co-listing Agent: Candice Chevaillier
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Property Description

MLS Information

  • Listing: 2477753
  • Listing Last Modified: 2026-02-07

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 1989
  • Subdivision: Auburn

Geographic Data

  • County: King
  • MLS Area: Auburn
  • Directions: Start on Auburn Way N, go east on 22nd St NE, turn south on I St NE, then go east on 18th St NE and the property will be on your left just before the cul-de-sac.
Features

Interior Features

  • Flooring: Carpet
  • Bedrooms: 5
  • Full baths: 4.5
  • Half baths: 3
  • Living area: 3560

Exterior Features

  • Roof type: Composition
  • Lot description: Level, Cul-De-Sac, Paved
  • View: Territorial

Parking

    Utilities

    • Water: Public
    • Heating: Electric, Baseboard
    Property Information

    Tax Information

    • Tax Annual Amount: $7,768

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    Disclaimer

    Based on information submitted to the MLS GRID as of Tue Feb 10 2026 (2.07 AM). 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, that the data is deemed reliable but is not guaranteed by MLS GRID. 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. The three tree icon represents listings courtesy of NWMLS.
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