1019 18th Street NE, Auburn, WA, 98002
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1989
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding,Wood Products
Notable Dates
- Major remodel year: 1989
Type & Style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subType: Triplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
Features
- Flooring: Carpet
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: None
Interior Area
- Total structure area: 3,560
- Total interior livable area: 3,560 sqft
Property
Details
- Parcel number: 5409000110
- Zoning description: Multi-Family,Jurisdiction: City
- Special condition: Standard
Features
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 0.32 Acres
- Features: Cul-De-Sac,Curbs,Dead End Street,Paved,Value In Land,Cable TV,Fenced-Partially,Patio
- Lot size dimensions: 89 x 156
Parking
- Total spaces: 6
- Parking features: Garage
- Attached garage spaces: 3
- Covered spaces: 3
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,727 | $56,724 |
| Home Insurance * | $217 | $2,604 |
| Property Taxes | $909 | $10,908 |
| Electricity | $243 | $2,922 |
| Total | $6,096 | $73,152 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-15 | Listed for sale | $950,000 |
| 2022-07-07 | Sold | $910,000 |
| 2022-05-20 | Pending sale | $950,000 |
| 2022-04-22 | Listed for sale | $950,000 |
| 2015-05-08 | Sold | $389,000 |
| 2015-04-04 | Pending sale | $395,000 |
| 2015-03-24 | Listed for sale | $395,000 |
| 2014-05-16 | Listing removed | $360,000 |
| 2014-05-13 | Pending sale | $360,000 |
| 2014-03-22 | Listed for sale | $360,000 |
| 2014-02-12 | Pending sale | $360,000 |
| 2014-01-22 | Listed for sale | $360,000 |
| 2013-11-25 | Pending sale | $360,000 |
| 2013-10-25 | Listed for sale | $360,000 |
| 2013-10-18 | Pending sale | $360,000 |
| 2013-09-24 | Listed for sale | $360,000 |
| 2003-02-26 | Sold | $320,000 |
| 2001-05-31 | Sold | $280,500 |
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