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1019 18th ST NE, Auburn, WA 98002
1019 18th ST NE, Auburn, WA 98002
1019 18th ST NE, Auburn, WA 98002
14
See all 14 photos
Listed by:Lee & Associates Commercial RE • Nisha A Tomar • Candice Chevaillier
$925,000
Est. payment /mo
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6 Beds
6 Baths
0.32 Acres Lot
Active

1019 18th ST NE Auburn, WA 98002

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Henry Jamerson

Henry Jamerson

+1(206) 839-6096

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Auburn

MLS Listing ID 2592953

Style 53 - Tri-plex

Bedrooms 6

Year Built 1989

Annual Tax Amount $7,768

Lot Size 0.322 Acres

Property Sub-Type Multi Family

Property Description

Calling all investors and owner-occupant buyers! With a cap rate of 7.35%, this townhome-style triplex in Meadow Brooke Estates combines rental income, rental upside, and future development potential. An owner-occupant could live in one unit while renting the other two. Located near North Auburn's schools, restaurants, and shopping, the property offers approximately 3,560 rentable SF across three spacious units, each featuring 2 bedrooms plus a den, 1.5 baths, in-unit laundry, an attached garage, driveway parking, and access to a shared yard. Unit C recently done and Unit A was remodeled last year. Annual net operating income is reported at $67,923, with pro forma NOI of $72,483 reflecting potential rental increases. Situated on a 14,010 SF lot with R-10 zoning, the property also offers potential for future residential development, subject to City approval. Convenient access to downtown Auburn, major highways, and Green River College makes this an appealing opportunity for investors and buyers seeking a home with rental income potential.

Location

State WA

County King

Area 310 - Auburn

Interior

Flooring Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Garage Spaces 3.0

View Y/N No

Roof Type Composition

Building

Sewer Available

Water Public

New Construction No

Schools

School District Auburn

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1595908-sale&address=1019-18th-St-NE&officeId=2900

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Pets

  • Quarter Chute Cafe

    350 29th St NW, Auburn, WA 98001

    American (Traditional) Phone: 253-288-0566

  • Quarter Chute Cafe

    2828 Emerald Downs Dr, Auburn, WA 98001

    Cafes Phone: 253-288-0566

  • El Taco Maestro2

    2824 Auburn Way N, Auburn, WA 98002

    Mexican Phone: 253-939-4161

  • Lopez Taqueria Cosina

    1833 Auburn Way N Ste O, Auburn, WA 98002

    Phone: 253-939-4784

  • Ribs and Thangs

    3322 I St NE, Auburn, WA 98002

    Barbeque Phone: 253-223-1119

  • Himitsu Sushi & Teriyaki

    3310 Auburn Way N, Auburn, WA 98002

    Japanese Phone: 253-833-9188

  • Iron Horse Casino

    333 15th St NE, Auburn, WA 98002

    American (Traditional) Phone: 253-833-7100

  • Big Foot JAVA

    802 14th St NE, Auburn, WA 98002

    American (New) Phone: 253-333-8859

  • Las Margaritas

    1525 A St NE, Auburn, WA 98002

    Mexican Phone: 253-735-1526

  • Jimmy John’s

    1835 Auburn Way N, Auburn, WA 98002

    Sandwiches Phone: 253-939-3000

  • Bb McGraws Family Restaurant & Sports Bar

    440 16th St NE, Auburn, WA 98002

    American (New) Phone: 253-804-5588

  • Subway

    1702 Auburn Way N, Auburn, WA 98002

    Sandwiches Phone: 253-735-1135

  • Performance Grill

    1525 A St NE, Auburn, WA 98002

    Bars Phone: 253-939-9851

  • Lopez Taqueria Cocina

    1833 Auburn Way N, Auburn, WA 98002

    Mexican Phone: 253-939-4784

  • Rainier Restaurant

    2300 Emerald Downs Dr, Auburn, WA 98001

    American (Traditional) Phone: 253-288-7000

  • Pho Dinh

    2822 Auburn Way N, Auburn, WA 98002

    Vietnamese Phone: 253-804-8688

  • Jack’s Tavern

    2425 Auburn Way N, Auburn, WA 98002

    Music Venues Phone: 253-833-0840

  • Baja Burrito

    1702 Auburn Way N, Auburn, WA 98002

    Mexican

  • Hibachi Buffet

    440 16th NE St, Auburn, WA 98002

    Buffets Phone: 253-939-8899

  • Belen Pupuseria

    1833 Auburn Way N, Auburn, WA 98002

    Salvadoran Phone: 253-887-5608

  • McDonald’s

    1531 Auburn Way N, Auburn, WA 98002

    Fast Food Phone: 253-833-8011

  • Reyaa’s Cafe

    1702 Auburn Way N, Seattle, WA 98112

    Coffee & Tea Phone: 543-879-6634

  • Sam’s Kitchen

    3411 C St Ne, Auburn, WA 98002

    Breakfast & Brunch Phone: 253-939-7270

  • Taqueria El Rinconsito

    2101 Auburn Way N, Auburn, WA 98002

    Mexican Phone: 253-939-6627

Educational Environment

Elementary Schools (1)Middle Schools (1)
Name
Category
Grades
Library
Ratio
2/10
Dick Scobee Elementary School
1031 14th St NE, Auburn, WA 98002
Public
PK - 5
No
STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
1/10
Cascade Middle School
1015 24th St NE, Auburn, WA 98002
Public
6 - 8
No
STUDENTS/TEACHERS

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