Active · Residential Income

136 McKean Court , Enumclaw, WA 98022

Enumclaw, WA 98022

$1,099,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Windermere Real Estate/Summit · MLS #2550339 · Active

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About this property

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!

Property details

Property type: Multi Family
Year built: 1981
Lot size: 12,280 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $8,553 (2026)
Parking spaces: 8
School district: Enumclaw

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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