Auburn Homes with 53 - Tri-plex Style

Welcome to Auburn, Washington – a vibrant community nestled in the heart of King County, where the charm of suburban living meets the convenience of urban amenities. Known for its picturesque parks, rich history, and friendly atmosphere, Auburn is a place where families thrive and neighbors become friends.

Auburn boasts a diverse range of housing options, but one standout choice for savvy investors and homeowners alike is the tri-plex style homes. These unique properties offer the perfect blend of space and functionality, making them ideal for multi-generational living or as an investment opportunity. With three separate units, tri-plex homes provide the flexibility to accommodate family members or generate rental income, all while maintaining a sense of privacy.

The neighborhoods in Auburn are characterized by tree-lined streets, welcoming community parks, and an array of local shops and restaurants. Residents enjoy easy access to outdoor activities, with nearby parks such as Game Farm Park and the scenic White River, perfect for hiking, biking, and picnicking. Additionally, Auburn's vibrant downtown area features a mix of cultural attractions, including art galleries, theaters, and seasonal farmers' markets, ensuring there’s always something happening just around the corner.

With excellent schools, a strong sense of community, and a variety of recreational opportunities, Auburn is an ideal location for those seeking a balanced lifestyle. Whether you’re looking to invest in a tri-plex home or find a place to settle down, Auburn offers a welcoming environment that feels like home. Come discover the charm of Auburn and explore the potential of tri-plex living today!

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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