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1019 18Th St NE Auburn, WA 98002

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For Sale
$950,000

Well-maintained triplex with strong tenancy in a desirable location.

Building Details

Year built
1989

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Listing Contact
Candice Chevaillier, Ccim
Candice Chevaillier, Ccim
Source: Lee-associates

Listing Agent: Candice Chevaillier, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Townhome-Style Triplex in Meadow Brooke Estates

This townhome-style triplex is located in the Meadow Brooke Estates neighborhood of Auburn, Washington, within walking distance of schools, restaurants, and shopping. The property consists of three units, each offering approximately 1,187 square feet of living space. Each unit includes 2 bedrooms, a den, and 1.5 bathrooms, as well as in-unit laundry, an attached garage, and additional driveway parking. Residents have access to a shared yard area. Constructed in 1989, the 3,560 square foot building has had major capital improvements, including replacement of the roof, windows, and siding. The property is zoned R-10, allowing for a variety of residential uses, including short-term rentals, subject to City of Auburn regulations. All three units are currently leased, providing immediate cash flow. The property is located minutes from downtown Auburn, major highways, and Green River College. The Auburn SuperMall, Flaming Geyser State Park, and the White River are nearby. The White River Valley Museum and Green River College's performing arts center are also located in the vicinity.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Auburn
County
King
State
Washington
Longitude
-122.2167374
Latitude
47.3244488

FAQs

What type of property is this?
Triplex - Well-maintained triplex with strong tenancy in a desirable location.
Where is this triplex located?
The property is located at 1019 18Th St NE Auburn, WA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: - Turnkey triplex investment with immediate, stable cash flow due to 100% occupancy and historically low vacancy.; - Prime location in the desirable Meadow Brooke Estates, within walking distance of North Auburn's schools, restaurants, and shopping, and minutes from downtown Auburn, major highways, and Green River College.; - Major capital improvements (roof, windows, and siding) have been recently replaced, ensuring low maintenance.
More about this property
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