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Calling all investors and owner-occupant buyers! With a cap rate of 7.35%, this townhome-style triplex in Meadow Brooke Estates combines rental income, rental upside, and future development potential. An owner-occupant could live in one unit while renting the other two. Located near North Auburn’s schools, restaurants, and shopping, the property offers approximately 3,560 rentable SF across three spacious units, each featuring 2 bedrooms plus a den, 1.5 baths, in-unit laundry, an attached garage, driveway parking, and access to a shared yard. Unit C recently done and Unit A was remodeled last year. Annual net operating income is reported at $67,923, with pro forma NOI of $72,483 reflecting potential rental increases. Situated on a 14,010 SF lot with R-10 zoning, the property also offers potential for future residential development, subject to City approval. Convenient access to downtown Auburn, major highways, and Green River College makes this an appealing opportunity for investors and buyers seeking a home with rental income potential.

2592953 MLS ⋅ ACTIVE Status

Calling all investors and owner-occupant buyers! With a cap rate of 7.35%, this townhome-style triplex in Meadow Brooke Estates combines rental income, rental upside, and future development potential. An owner-occupant could live in one unit while renting the other two. Located near North Auburn’s schools, restaurants, and shopping, the property offers approximately 3,560 rentable SF across three spacious units, each featuring 2 bedrooms plus a den, 1.5 baths, in-unit laundry, an attached garage, driveway parking, and access to a shared yard. Unit C recently done and Unit A was remodeled last year. Annual net operating income is reported at $67,923, with pro forma NOI of $72,483 reflecting potential rental increases. Situated on a 14,010 SF lot with R-10 zoning, the property also offers potential for future residential development, subject to City approval. Convenient access to downtown Auburn, major highways, and Green River College makes this an appealing opportunity for investors and buyers seeking a home with rental income potential.

1019 18th Street NE, Auburn

Listing Broker: Lee & Associates Commercial RE; Nisha A Tomar; 253-722-9203; ntomar@lee-associates.com

$750,000

A fantastic opportunity to add a well-maintained duplex to your investment portfolio! Both units are currently tenant-occupied on month-to-month agreements, offering flexibility for the next owner. Each spacious unit features 3 bedrooms, 2.5 baths, an attached 1-car garage, additional driveway parking, and its own fully fenced private backyard. Functional layouts provide comfortable everyday living with plenty of space to spread out and separate outdoor areas that give each unit a true sense of home. A new roof and fresh exterior paint were completed in 2026, adding peace of mind for years to come. A versatile multifamily property with strong long-term potential! No listing sign at owners request, please do not disturb tenants!

2575017 MLS ⋅ ACTIVE Status

A fantastic opportunity to add a well-maintained duplex to your investment portfolio! Both units are currently tenant-occupied on month-to-month agreements, offering flexibility for the next owner. Each spacious unit features 3 bedrooms, 2.5 baths, an attached 1-car garage, additional driveway parking, and its own fully fenced private backyard. Functional layouts provide comfortable everyday living with plenty of space to spread out and separate outdoor areas that give each unit a true sense of home. A new roof and fresh exterior paint were completed in 2026, adding peace of mind for years to come. A versatile multifamily property with strong long-term potential! No listing sign at owners request, please do not disturb tenants!

3425 D Street Unit #A & B, Auburn

Listing Broker: RE/MAX Elite; Bre Roberts; 425-443-7899; bre@remaxelitebrokers.com

$949,998

Prime Auburn location with a cap rate over 7%, strong existing rents, and reliable long-term tenants with an opportunity to occupy one of the units and have established rents in the other 3. This well-maintained fourplex offers immediate cash flow with additional upside over time. The building has also recently been repainted on the exterior, enhancing its curb appeal and reducing near-term maintenance for the next owner.Each of the four homes features two bedrooms, one bathroom, in-unit laundry, updated appliances, a fireplace, and a comfortable, functional layout. Both upper residences have been remodeled with attractive modern finishes and include private decks. The two lower residences offer private patios and fenced outdoor areas, providing added privacy and strong tenant appeal.The property also includes four covered carport spaces and two additional surface parking spaces. Conveniently located near major freeways, shopping, restaurants, parks, transit, and everyday services, the property provides easy access throughout the South Sound and greater Seattle area while remaining tucked away from the main road.All four units are currently occupied by established tenants, providing dependable income from day one. With strong rents already in place, two remodeled upper units, a freshly painted exterior, and a cap rate close to 7%, this is a compelling opportunity for investors seeking durable cash flow in a high-demand rental market.

2574331 MLS ⋅ ACTIVE Status

Prime Auburn location with a cap rate over 7%, strong existing rents, and reliable long-term tenants with an opportunity to occupy one of the units and have established rents in the other 3. This well-maintained fourplex offers immediate cash flow with additional upside over time. The building has also recently been repainted on the exterior, enhancing its curb appeal and reducing near-term maintenance for the next owner.Each of the four homes features two bedrooms, one bathroom, in-unit laundry, updated appliances, a fireplace, and a comfortable, functional layout. Both upper residences have been remodeled with attractive modern finishes and include private decks. The two lower residences offer private patios and fenced outdoor areas, providing added privacy and strong tenant appeal.The property also includes four covered carport spaces and two additional surface parking spaces. Conveniently located near major freeways, shopping, restaurants, parks, transit, and everyday services, the property provides easy access throughout the South Sound and greater Seattle area while remaining tucked away from the main road.All four units are currently occupied by established tenants, providing dependable income from day one. With strong rents already in place, two remodeled upper units, a freshly painted exterior, and a cap rate close to 7%, this is a compelling opportunity for investors seeking durable cash flow in a high-demand rental market.

2826 D Place SE, Auburn

Listing Broker: COMPASS; Marius ion; 425-466-7876; marius.ion@compass.com

$799,999

Versatile single-story fourplex offering an excellent opportunity for investors and owner-occupants. The property includes two 1-bedroom units and two 2-bedroom units, with all four residences renovated within the last several years. Updates include modern appliances, durable LVP flooring, and refreshed interiors. Each unit also includes dedicated storage, while the two-bedroom units feature a 920sq ft covered carport parking with 4 storage units. A secure shared laundry room is conveniently located beneath the carport. Three units are currently occupied by long-term tenants, providing immediate rental income. The fourth unit has been freshly renovated and is vacant, ideal for an owner looking to live onsite while offsetting expenses or for an investor ready to place another tenant and maximize cash flow. This property was made for house hacking and NO HOA!! Conveniently located near Downtown Auburn, shopping, dining, transit, and Highway 18 for easy commuting.

2559823 MLS ⋅ ACTIVE Status

Versatile single-story fourplex offering an excellent opportunity for investors and owner-occupants. The property includes two 1-bedroom units and two 2-bedroom units, with all four residences renovated within the last several years. Updates include modern appliances, durable LVP flooring, and refreshed interiors. Each unit also includes dedicated storage, while the two-bedroom units feature a 920sq ft covered carport parking with 4 storage units. A secure shared laundry room is conveniently located beneath the carport. Three units are currently occupied by long-term tenants, providing immediate rental income. The fourth unit has been freshly renovated and is vacant, ideal for an owner looking to live onsite while offsetting expenses or for an investor ready to place another tenant and maximize cash flow. This property was made for house hacking and NO HOA!! Conveniently located near Downtown Auburn, shopping, dining, transit, and Highway 18 for easy commuting.

417 22nd Street SE, Auburn

Listing Broker: Operation Red Dot; James Marszalek; 253-888-9001; James@OperationRedDot.com

$1,000,000

Here's your opportunity to acquire a well-maintained, fully occupied 4-plex offering immediate cash flow from day one. Unique townhome configuration to each unit offers spacious living areas and attractive layouts that support strong tenant retention. Units are each 2 bedrooms and 1 bath, feature laminate flooring, and a 1-car garage. The property benefits from its proximity to major commuting routes, shopping, schools, public transportation, and employment centers throughout Auburn, Kent, and the greater South King County market. The property's desirable location and multi-family configuration make it an excellent addition to an investment portfolio or a strong entry into the Puget Sound multi-family market.

2548746 MLS ⋅ ACTIVE Status

Here's your opportunity to acquire a well-maintained, fully occupied 4-plex offering immediate cash flow from day one. Unique townhome configuration to each unit offers spacious living areas and attractive layouts that support strong tenant retention. Units are each 2 bedrooms and 1 bath, feature laminate flooring, and a 1-car garage. The property benefits from its proximity to major commuting routes, shopping, schools, public transportation, and employment centers throughout Auburn, Kent, and the greater South King County market. The property's desirable location and multi-family configuration make it an excellent addition to an investment portfolio or a strong entry into the Puget Sound multi-family market.

903 31st Street NE, Auburn

Listing Broker: Skyline Properties, Inc.; Eric Johnson; 206-550-4573; eric@skylineproperties.com

$900,000

This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!

2486776 MLS ⋅ ACTIVE Status

This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!

2250 I Street NE, Auburn

Listing Broker: RE/MAX Elite; Zach Hensrude; 425-770-9621; zach.hensrude@remax.net

$1,200,000

Centrally located near schools, shopping & transit, this well-kept 6-unit complex features 1 bed/1 bath units (541 sq. ft.), each updated on turnover. $50K+ in recent renovations including new electrical panels. Extra income from on-site coin-op laundry. Each unit includes its own covered parking, plus plenty additional parking on the property. Strong rental history with low vacancy. Fully occupied. Long-term tenants are month-to-month and eager to stay. Large lot with expansion potential (buyer to verify). Whether you’re just starting out or growing your portfolio, this rare Auburn 6-plex offers stability, upside, and lasting returns. Sold as is!

2425323 MLS ⋅ ACTIVE Status

Centrally located near schools, shopping & transit, this well-kept 6-unit complex features 1 bed/1 bath units (541 sq. ft.), each updated on turnover. $50K+ in recent renovations including new electrical panels. Extra income from on-site coin-op laundry. Each unit includes its own covered parking, plus plenty additional parking on the property. Strong rental history with low vacancy. Fully occupied. Long-term tenants are month-to-month and eager to stay. Large lot with expansion potential (buyer to verify). Whether you’re just starting out or growing your portfolio, this rare Auburn 6-plex offers stability, upside, and lasting returns. Sold as is!

425 H Street NE, Auburn

Listing Broker: Horizon Real Estate; Jovelyn Donato; 206-291-3108; jdonat10@yahoo.com