Auburn Homes with 53 - Tri-plex Style

Welcome to Auburn, Washington—a vibrant community nestled in the heart of King County, where charming neighborhoods and natural beauty come together to create a truly inviting place to call home. Known for its rich history and thriving local culture, Auburn offers a perfect blend of suburban comfort and urban convenience, making it an ideal choice for families, professionals, and everyone in between.

One of the standout features of Auburn is its diverse selection of homes, including unique tri-plex style residences. These properties provide an excellent opportunity for those looking to invest in multi-family living arrangements or simply seek a spacious and flexible living environment. With three distinct living units, tri-plex homes in Auburn are perfect for extended families, or they can serve as a great investment opportunity, allowing homeowners to generate rental income while enjoying the benefits of homeownership.

Auburn is not just about beautiful homes; it boasts a wealth of amenities that enhance the quality of life for its residents. The city is home to lush parks, scenic trails, and an array of recreational activities, ensuring that outdoor enthusiasts will always find something to enjoy. Additionally, Auburn’s vibrant downtown area features a variety of shops, restaurants, and local events that foster a strong sense of community.

For those commuting to Seattle or Tacoma, Auburn’s convenient access to major highways and public transportation makes it an attractive option. With a welcoming atmosphere, a strong sense of community, and a variety of housing options, Auburn is a fantastic place to start your next chapter. Explore the charm of tri-plex living in Auburn and discover the perfect blend of comfort, community, and convenience!

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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