136 McKean Court, Enumclaw, WA 98022
Courtesy of Windermere Real Estate/Summit
- $1,099,000
- 4,092
- SqFt
- List Price
- $1,099,000
- Status
- ACTIVE
- Days on Market
- 64
- Price Change
- ▼ $51,000 1789076866
- MLS#
- 2550339
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1981
- Living Area
- 4,092
- Lot Size
- 12,280
- Acres
- 0.28
- Subdivision
- Enumclaw
- Neighborhood
- Enumclaw
- Building Name
- Mc Kean Add
- MLS Area Major
- Enumclaw
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!
/u.realgeeks.media/choicehomes4sale/best-choice-realty-logo_small.png){kind=logo}
Additional Information
- Amenities
- Storage, Thermal Windows
- Exterior Features
- Metal/Vinyl
- Property Description
- 54 - 4-Plex
- Flooring
- Vinyl, Vinyl Plank, Carpet
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Composition
- School District
- Enumclaw
- Elementary School
- Sunrise Elem
- Middle School
- Enumclaw Mid
- High School
- Enumclaw Snr High
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.