Presented by: Northmarq Multifamily, LLC and NWMLS
Property Description
Well-maintained, turn-key triplex with individual garages and over $150,000 in recent capital improvements — creating a low-maintenance, easy-to-manage investment opportunity. Major upgrades include a new roof, paved parking lot, new water heaters, exterior paint, new fencing, washer/dryers, and high-end interior renovations. Each spacious unit features 2 bedrooms and 1 bathroom with private covered decks or patios. Rents are currently below market, offering investors clear upside potential. The property also includes a fully fenced yard for tenant enjoyment, and the sale comes with the additional lot behind the building that the owner acquired last year.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
AmenitiesCoin Op Laundry, Storage
Building Area Units0 sqft
Cap Rate5.2
Carport Spaces0
Carport Y/NNo
CityPacific
CoolingNone
CountyKing
DirectionsFrom Hwy 167 take 8th St exit/Head east on 8th/L on Butte Ave/L on 2nd Ave. SE/At end of road on L.
Electric Expense0
Fuel Expense0
Garage Spaces3
HOANo
HOA Fee$0
HeatingForced Air
High School DistrictAuburn
Insurance Expense3131
Leasable Area2,624 sqft
Listing TermsCash, Conventional, FHA
Living Area0 sqft
Lot Size Square Feet11,200 sqft
Lot Size UnitsSquare Feet
MLS Area310 - Auburn
NWM_ShowMapLinkY
Net Operating Income38947
New ConstructionNo
Number Of Units Total3
PossessionClosing
Possible UseMulti-Family
Property ConditionVery Good
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWell-maintained, turn-key triplex with individual garages and over $150, 000 in recent capital improvements creating a low-maintenance, easy-to-manage investment opportunity. Major upgrades include a n
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameAuburn
Tax Annual Amount$7,836
Tax Year2025
Units Below Gradefalse
Units In Building Total3
Water CompanyCity of Pacific
Water Sewer Garbage9847
Year Built1980
Zoning DescriptionMulti-Family
Exterior
Building Area Total2,624 sqft
Covered Spaces0
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Dead End Street, Paved
Lot Size Acres0.2571
Parking Uncovered Total8
Site FeaturesCable TV, Deck, Fenced-Fully, Patio
Total Parking8
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Elementary School
N/A
Middle School
N/A