Auburn Homes with 53 - Tri-plex Style

Welcome to Auburn, Washington – a vibrant city nestled in the heart of King County, where natural beauty meets urban convenience. Known for its friendly community, Auburn boasts a rich history, diverse culture, and an array of recreational opportunities. With its picturesque parks, scenic trails, and proximity to the stunning Cascade Mountains, Auburn is the perfect place for outdoor enthusiasts and families alike.

One of the most exciting housing options in Auburn is the tri-plex style homes. These unique properties offer an ideal blend of space and investment potential, making them a fantastic choice for both first-time buyers and seasoned investors. Imagine owning a tri-plex that not only provides comfortable living spaces but also generates rental income! Each unit typically features modern amenities, open layouts, and private outdoor areas, allowing residents to enjoy a sense of community while maintaining their privacy.

Auburn's tri-plex homes are strategically located near essential services, shopping centers, and top-rated schools, ensuring convenience for all residents. The city's thriving economy, coupled with its rich cultural scene, makes it an attractive destination for those looking to settle down or invest in real estate. With a variety of parks and recreational facilities, families can enjoy a plethora of activities, from hiking and biking to community events and festivals.

Discover the charm of Auburn and the potential of tri-plex living. Embrace a lifestyle that balances community, convenience, and opportunity in this delightful Washington city!

Newest Auburn Homes with 53 - Tri-plex Style

$935,000

2538486 MLS ⋅ ACTIVE Status

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.

1019 18th Street NE, Auburn

Listing courtesy of Lee & Associates Commercial RE.

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