$1,150,000
136 McKean Court, Enumclaw, WA 98022
4,092 Sq Ft
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MLS #2550339 / Listing provided by NWMLS .

$1,150,000

136 McKean Court
Enumclaw, WA 98022

Active 23 hours ago
4,092
Sq Ft
$281
Per Sq Ft
1981
Year Built

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!

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 8
  • Total Uncovered Parking Spaces: 4

Structure

  • Roof: Composition
  • Exterior Features: Metal/Vinyl
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • Acres: 0.2819
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Enumclaw
  • High School: Enumclaw Snr High
  • Middle School: Enumclaw Mid
  • Elementary School: Sunrise Elem

Lot Details

  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • Acres: 0.2819
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric
  • Power Company: PSE

Water, Sewer, and Garbage

  • Sewer Company: City of Enumclaw
  • Sewer: Sewer Connected
  • Water Company: City of Enumclaw
  • Water Source: Public
  • Water, Sewer, and Garbage: 4966.44
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