Auburn Homes with Triplex Property Subtype

Welcome to Auburn, California – a charming city nestled in the heart of Placer County, renowned for its rich history, stunning natural beauty, and vibrant community spirit. This picturesque destination, often referred to as the "Gateway to the Gold Country," offers a delightful blend of outdoor adventures and cultural experiences. With its quaint downtown area featuring boutique shops, delightful eateries, and historic sites, Auburn is a perfect place for those seeking a balanced lifestyle.

One of the unique property types available in this enchanting city is the triplex. Homes with a triplex property subtype present a fantastic opportunity for both investors and homeowners alike. Imagine owning a property that not only provides a comfortable living space for you but also generates rental income from two additional units! This versatile setup is ideal for multi-generational living or for those looking to capitalize on the thriving rental market in Auburn.

The triplex homes in Auburn often come with charming architectural features and spacious layouts, allowing for a blend of privacy and community. Many properties boast beautiful outdoor spaces, perfect for enjoying the region's picturesque weather, while being conveniently located near parks, schools, and local amenities.

With its inviting atmosphere, rich history, and diverse real estate options, Auburn is an ideal place to call home. Whether you're looking to invest in a triplex or seeking a cozy residence, Auburn offers a unique lifestyle that perfectly combines the tranquility of suburban living with the excitement of nearby urban attractions. Come explore the possibilities that await you in this delightful city!

Newest Auburn Homes with Triplex Property Subtype

$869,500

2,859 SqFt. ⋅ 226083309 MLS

Unlock the potential of this rare income-producing property featuring a triplex on two acres, tucked away in a peaceful, private setting just minutes from town. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one home while renting the others, or create a multi-generational living opportunity, this property offers exceptional flexibility. The property has a proven history of consistent rental income and includes: 105 Covey Road - A charming 1-bedroom, 1-bath home currently generating $1,800 per month. 111 Covey Road - A 2-bedroom, 1-bath home with projected rental income of $2,175 per month, currently vacant and ready for a new tenant or owner occupancy. 115 Covey Road - A spacious 3-bedroom, 2-bath home currently leased for $2,500 per month. All three residences are in good condition, offering immediate income potential with minimal upfront work. The current rental configuration produces strong cash flow while still providing the flexibility to occupy the vacant home yourself, making it an ideal opportunity for both investors and owner-occupants. Properties like this are difficult to find with a private setting, multiple income streams, and the versatility to fit a variety of investment strategies. Whether you're seeking dependable passive income or a property that helps pay for itself, this is an opportunity you won't want to miss.

111 Covey Road, Auburn

Listing courtesy of Century 21 Cornerstone Realty.

$995,000

1,856 SqFt. ⋅ 226035867 MLS

Turn-key downtown Auburn triplex with strong income potential and fully modernized systems. Located in the heart of downtown Auburn, 124, 126 & 128 Oakwood Drive offer a rare opportunity to acquire a fully reimagined multi-unit property in a highly walkable, high-demand rental location. Originally a commercial office building, this property has been thoughtfully converted into three residential units with permits and final approvals, featuring a desirable unit mix: one spacious 2-bedroom, 2-bathroom unit on the lower level and two 1-bedroom, 1-bathroom units upstairs. This flexible layout appeals to both investors and owner-occupants seeking a live-and-income opportunity. The property has undergone a comprehensive, high-quality renovation with major system upgrades throughout. Improvements include new plumbing, upgraded electrical, a new roof, new energy-efficient windows and doors, new HVAC systems for each unit, new water heaters, updated insulation, drywall, and flooring, along with exterior enhancements such as landscaping, walkways, and access improvements. As part of the permitted conversion, the property was upgraded with a residential fire sprinkler system (NFPA 13R) and enhanced utility infrastructure, supporting modern safety standards and long-term reliability. The upstairs flooring structure has been thoughtfully upgraded using enhanced sound-reducing construction methods, including insulation and sound-dampening materials, to help minimize noise transfer between levels. Each unit is equipped with brand-new appliances and updated finishes, minimizing near-term capital expenses and ongoing maintenance. Off-street parking is available, providing added convenience for tenants. Situated just moments from Auburn's shops, dining, and local amenities, the location supports strong rental demand and long-term value. This is an exceptional opportunity for an investor seeking a low-maintenance, income-producing property with modernized systems, strong rental appeal, and upside potential in a desirable foothill market.

128 Oakwood Drive, Auburn

Listing courtesy of eXp Realty of Northern California, Inc..

$725,000

2,452 SqFt. ⋅ 226029971 MLS

A rare find in Auburn! 2415 Short Lane is a gorgeous 3 bedroom, 1.5 bathroom, one story, 1,250 sqft home with a 3 car garage on a large secluded lot...but...BUT it comes with a charming duplex on the other side of the property off of Reba Lane!! The main home on Short Lane has beautiful vaulted ceilings in the family room, large windows overlooking lush trees and landscaping, with peaceful decks and porches for relaxing. The home's cute kitchen has white cabinets and appliances with stylish tile countertops and backsplash. The large driveway with 3 car garage can hold many cars and trucks. Plus, there is an additional parking area for trailers, RV's, etc. This is the perfect Auburn home conveniently located close to everything with a long private driveway for quiet and seclusion. The duplex at 12365 Reba Lane is the perfect compliment to this already ideal property. Both of the units have 1 large bedroom, 1 bathroom, comfortable living spaces and have been updated throughout. Gorgeous hardwood flooring, butcher block wood and concrete countertops, modern lighting, fresh paint, new faucets and fixtures, and full height tile backsplashes. Plus each unit has their own parking and side yard areas for outdoor living, BBQ's, relaxing, a garden, etc. An additional 1,240 sqft of basement under the duplex allows room for storage and also houses the shared laundry area. Over a half acre of property means plenty of elbow room and plenty of options. This property is a true piece of gold in the heart of Auburn's Gold Country - at current lease rates monthly gross rental income is $5,950 per month ($71,400 annually).

12365 Reba Road, Auburn

Listing courtesy of Realty ONE Group Complete.

Start Your Search

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .