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    Townhome-Style Triplex in Meadow Brooke Estates
    Updated: Mar 6
    Townhome-Style Triplex in Meadow Brooke Estates

    1019 18th St NE, Auburn, WA 98002

    $935,000
    3,560 sqft
    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.
    Each unit features 2 bedrooms + den, 1.5 baths, in‑unit laundry, and an attached garage.
    Zoned R‑10, allowing for various residential uses, including potential short‑term rental opportunities (subject to City of Auburn regulations).
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    This listing looks promising.

    Here's a quick look at some key insights for

    1019 18th St NE, Auburn, WA 98002

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $60K
      Annual

    • Price @ 7% Cap

      $858K
      Suggested

    • Property Type

      Triplex
      Built 1989
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Auburn, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Well-Maintained Triplex
    Well-Maintained Triplex

    3827 S K Street, Tacoma, WA 98418

    $735,000
    3,120 sqft

    Well-maintained triplex with three separately metered units and 100% occupancy.

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    One-Story Triplex with Carport Parking
    One-Story Triplex with Carport Parking

    6905 S Madison, Tacoma, WA 98409

    $665,000
    2,652 sqft

    Three 2-bedroom units with washer/dryer hookups, carport parking, and dedicated storage in a move-in-ready Tacoma triplex.

    View details
    Renovated Mixed-Use Investment Property
    Renovated Mixed-Use Investment Property

    11427 Rainier Ave S, Seattle, WA 98178

    Contact for pricing
    6,440 sqft

    Turnkey mixed-use building offers four NNN commercial units and three renovated one-bedroom apartments with current full occupancy.

    View details
    Seattle Multifamily Property For Sale
    Seattle Multifamily Property For Sale

    5954 Fauntleroy Wy SW, Seattle, WA 98136

    Contact for pricing

    Three-unit multifamily property in Seattle, Washington.

    View details

    Auburn, WA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Auburn, WA on our real estate platform. These investment opportunities span a total of 3,560 square feet of properties for sale, with an estimated market value of $935,000.

    Sale prices for three-family homes in Auburn, WA average $935,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Quadplexes 2
    Triplexes 1

    Demographics Overview

    Population 233K
    Population Growth (5Y) +5.1%
    Median Household Income $95,097
    College Educated 23.4%

    High-Yield Neighborhoods for Investment

    Identify Auburn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98002 $950K

    Taxes & Financing

    Tax Rate (average for all types) 1.15%
    Property Tax per SF $13.33 per SF
    Tax Rate vs County Average 0.27 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Auburn fall within the 100,000+ square foot range.

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