Full kitchenIn-unit washer and dryerPrivate patio or deckDining area
Attention multifamily investors: Secure an immediate, 100% occupied cash-flow generator delivering nearly $95K/year in gross revenue at a strong 6.03% cap rate. Each of the four spacious units offers 2 bedrooms, 1.5 bathrooms, and 1,023 sq. ft., featuring a full kitchen, dining area, living room, in-unit washer and dryer, and a private patio or deck. This prime location pairs a walkable historic downtown lifestyle with seamless commuter access to major Auburn, Kent, Tacoma, and Seattle job centers—ensuring exceptional long-term tenant retention and a ~2% vacancy rate. High-demand amenities include two dedicated parking spaces per unit (one covered carport), recent updates like new LVP flooring in one unit, and vacant on-site private storage units providing immediate value-add upside to expand your net operating income (NOI). Turnkey assets with this level of proven performance are rare - act fast!
19 days
|
285
|
13
|
Zillow last checked:
Listing updated:
Listed by:
Ricardo Mendes,
Windermere Real Estate/Summit
Source: NWMLS as distributed by MLS GRID,MLS#: 2550339
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Heating
Baseboard, Electric
Cooling
None
Features
Flooring: Vinyl, Vinyl Plank, Carpet
Windows: Thermal Windows
Has fireplace: No
Interior area
Total structure area: 4,092
Total interior livable area: 4,092 sqft
Property
Parking
Total spaces: 8
Carport spaces: 4
Uncovered spaces: 4
Lot
Size: 0.28 Acres
Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
Details
Parcel number: 5343400070
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: 4-Plex
Property subtype: Quadruplex, Multi Family
Materials
Metal/Vinyl
Foundation: Poured Concrete
Roof: Composition
Condition
Year built: 1981
Major remodel year: 2000
Utilities & green energy
Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Enumclaw
Water: Public, Company: City of Enumclaw
Green energy
Energy efficient items: Thermal Windows
Community & HOA
Community
Subdivision: Enumclaw
Location
Region: Enumclaw
Financial & listing details
Price per square foot: $281/sqft
Tax assessed value: $954,000
Annual tax amount: $8,552
Date on market: 7/9/2026
Cumulative days on market: 19 days
Listing terms: Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/9/2026
Listed for sale
$1,150,000+15.6%$281/sqft
Source: NWMLS as distributed by MLS GRID #2550339Report a problem
8/10/2022
Sold
$995,000$243/sqft
Source: NWMLS as distributed by MLS GRID #1957448Report a problem
7/8/2022
Pending sale
$995,000$243/sqft
Source: NWMLS as distributed by MLS GRID #1957448Report a problem
6/28/2022
Listed for sale
$995,000+87.8%$243/sqft
Source: NWMLS as distributed by MLS GRID #1957448Report a problem
7/27/2017
Sold
$529,900$129/sqft
Source: NWMLS as distributed by MLS GRID #1138974Report a problem
6/13/2017
Pending sale
$529,900$129/sqft
Source: Windermere Professional Partners #1138974Report a problem
6/12/2017
Listed for sale
$529,900+46.2%$129/sqft
Source: Windermere Professional Partners #1138974Report a problem
6/27/2013
Sold
$362,500-4.6%$89/sqft
Source: NWMLS as distributed by MLS GRID #444257Report a problem
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.