Excellent fourplex located in Enumclaw. Owner has recently made several long term improvements- new roof, new Hardie Plank siding, new windows and sliders. New exterior decking material on upper levels. 2 bedroom 1.5 bath townhouse style units. Washer-Dryer hookups in each unit. Patio and storage unit for each tenant. Some long term tenants on month to month are under market. This well maintained investment property is a fantastic inflation hedge and gives you both stable income and future growth potential. Professionally managed and can continue with new owner. $90,000 in recent improvements. No sign, drive by only, please do not make contact with occupants.
Sold
Listed by: Skyline Properties, Inc. • Fred Grunewald
Bought with: Skyline Properties, Inc.
$1,000,000
2733 Initial Place, Enumclaw, WA 98022
--beds
--baths
3,552sqft
Quadruplex, Multi Family
Built in 1982
-- sqft lot
$1,015,800 Zestimate®
$282/sqft
$2,033 Estimated rent
Home value
$1,015,800
$955,000 - $1.08M
$2,033/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Fred Grunewald,
Skyline Properties, Inc.
Bought with:
Fred Grunewald, 121501
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2240179
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 3,552
- Total interior livable area: 3,552 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Uncovered spaces: 6
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 0.28 Acres
- Features: Cul-De-Sac, Curbs, Paved, Sidewalk, Deck, Patio
Details
- Parcel number: 0899010030
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Cement/Concrete
- Foundation: Slab
- Roof: Composition
Condition
- Good
- Year built: 1982
- Major remodel year: 1982
Utilities & green energy
- Electric: Company: public
- Sewer: Sewer Connected, Company: public
- Water: Community, Company: public
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Enumclaw
Location
- Region: Enumclaw
Financial & listing details
- Price per square foot: $282/sqft
- Tax assessed value: $959,000
- Annual tax amount: $7,390
- Date on market: 7/30/2024
- Cumulative days on market: 722 days
- Listing terms: Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Listing removed | $1,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Listed for rent | $1,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2024 | Sold | $1,000,000$282/sqft |
Source:  NWMLS as distributed by MLS GRID #2240179 Report a problem | ||
| 6/17/2024 | Pending sale | $1,000,000$282/sqft |
Source: NWMLS as distributed by MLS GRID #2240179 Report a problem | ||
| 6/14/2024 | Listed for sale | $1,000,000$282/sqft |
Source: NWMLS as distributed by MLS GRID #2240179 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,197 +5.6% | $959,000 +5.6% |
| 2024 | $8,712 +5.6% | $908,000 +10.6% |
| 2023 | $8,251 +11.7% | $821,000 +1% |
| 2022 | $7,390 +5.2% | $813,000 +16.1% |
| 2021 | $7,022 +0.4% | $700,000 +10.2% |
| 2020 | $6,992 +16.2% | $635,000 +14.4% |
| 2019 | $6,016 +25.9% | $555,000 +19.1% |
| 2018 | $4,778 -4% | $466,000 +14.8% |
| 2017 | $4,976 +7.6% | $406,000 +1.8% |
| 2016 | $4,623 | $399,000 +8.1% |
| 2015 | $4,623 | $369,000 +0.5% |
| 2014 | $4,623 | $367,000 |
| 2013 | $4,623 | $367,000 -9.2% |
| 2012 | -- | $404,000 +6.3% |
| 2011 | -- | $380,000 -2.6% |
| 2010 | -- | $390,000 |
| 2009 | -- | $390,000 +9.9% |
| 2007 | -- | $355,000 +34% |
| 2006 | -- | $265,000 |
| 2005 | -- | $265,000 +20.5% |
| 2001 | $2,841 +27.5% | $220,000 +33.1% |
| 2000 | $2,228 | $165,300 |
Find assessor info on the county website
Neighborhood: 98022
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Nearby schools
GreatSchools rating
- NAJJ Smith ElementaryGrades: PK-KDistance: 0.5 mi
- 8/10Enumclaw Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Enumclaw Sr High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,015,800
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Estimated market value
$1,015,800
- Washington
- King County
- Enumclaw
- 98022
- 2733 Initial Place
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