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Listed by:Windermere Real Estate/Summit • Ricardo Mendes

$1,099,000

Est. payment - /mo

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8 Beds

8 Baths

4,092 SqFt

Active

136 McKean CT Enumclaw, WA 98022

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Henry Jamerson

[email protected] +1(206) 839-6096

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,092 sqft

Price per Sqft $268

Subdivision Enumclaw

MLS Listing ID 2550339

Style 54 - 4-Plex

Bedrooms 8

Year Built 1981

Annual Tax Amount $8,552

Lot Size 0.282 Acres

Property Sub-Type Multi Family

Property Description

Attention multifamily investors: Secure an immediate, 100% occupied cash-flow generator delivering nearly $95K/year in gross revenue at a strong 6.31% 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!

Location

State WA

County King

Area 300 - Enumclaw

Interior

Flooring Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

View Y/N No

Roof Type Composition

Building

Lot Description Cul-De-Sac, Dead End Street, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Sunrise Elem

Middle Schools Enumclaw Mid

High Schools Enumclaw Snr High

School District Enumclaw

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Amenities & Attractions

Restaurants

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Local Events & Flavor

Branding Iron Cafe

22712 SE 436th St, Enumclaw, WA 98022

Breakfast & Brunch Phone: 360-802-6761
Taqueria El Corral

240 Roosavelt Ave E, Enumclaw, WA 98022

Food Trucks Phone: 253-217-3289

Educational Environment

Elementary Schools (3)Middle Schools (3)High Schools (2)

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