Listing courtesy of Lee & Associates Commercial RE 206-267-1457 206-267-1457
$950,000
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… Read More 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. Read Less
Listing Snapshot
Cumulative Days On Market
74
Days on Website
76
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Partial Baths
3
Square Ft.
3,560
Lot Size
0.32 Acres
Year Built
1989
Property Tax
$7,768
MLS Number
2477753
30 Days Snapshot Of 98002
$307k
-22%
(avg) sold price
18
-35%
homes sold
79
-36%
(avg) days on market
Snapshot
Area Map
Source: Home Junction
Additional Details
Lot
0 acres, 14010 square feet, Features: "Cul-De-Sac", "Curbs", "Dead End Street", "Paved", "Value In Land", Dimensions: 89x156, View: "Territorial"
Building Area Total: 3560, Building Area Units: Square Feet, Building Information: Built On Lot, Calculated Square Footage: 3560, Elevation Units: Feet, Entry Location: Main, Levels: "Two", Living Area: 3560, Structure Type: "House", Year Built: 1989, Year Built Effective: 1989
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Dale Walters. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of .All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Dale Walters. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of .All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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