Listing provided courtesy of Lee & Associates Commercial RENWMLSMLS# NWM2538486MLS Provider
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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.

Source: NWMLS, MLS#: NWM2538486

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  • Property Type
    Residential Income
  • Lot
    0.32 acres

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John Duerr

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  • Median Age
    36
  • Population Density
    4,666
  • College Educated
    28%
  • Estimated Median Income
    $59,097
  • Estimated Total Home Owners
    6,151
  • Estimated Total Renters
    7,011
  • Owner / Renter Divide
    47% / 53%
  • Estimated Average Household Size
    3
  • Total Population
    33,947
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1019 18th Street NE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/10/2026Source: NWMLS Added to Database
June 10, 2026
7/8/2022Source: NWMLS Status Change
Sold
6/20/2022Source: NWMLS Added to Database
April 22, 2022
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/3/2022Source: NWMLS Status Change
Pending
5/20/2022Source: NWMLS Status Change
Pending Inspection