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JRJeff ReynoldsCompass · Seattle

Listed by Kekoa Michael Lwin, eXp Realty

7,224
Square feet
$359
Per sq ft
Multi Family
Type
1947
Year built
59,982 sq ft
Lot
258
Days on market

About this property

GREAT ENUMCLAW LOCATION! VALUE-ADD INVESTMENT WITH MULTIPLE OPTIONS! 15 separately deeded units: 14 residential condos & 1 vacant lot of 9,581sf. Condos currently rented long-term under market. Vacant lot not rented. Potential to convert units to mid-term or short-term rentals. Or sell each condo individually at about $250K+ each (no inventory in town). Potential to build on vacant lot. Deeded parking to each unit. Condos and complex have been nicely upgraded, maintained and well managed. Additional income from 5 storage units plus updated laundry room. Lots of grass areas, a spacious common courtyard, and, plentiful parking make this a highly desirable home for tenants. Very nice, high quality tenants. Great location walking distance to downtown Enumclaw.

Location & commute

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Directions

Property details

Listing details

Listing number
#2513957
Listed
April 27, 2026
Days on market
258 (includes a prior listing period)
Price per sq ft
$359
Original list price
$2,650,000

Unit & building

Stories in building
1
Units in building
14

Parking

Total spaces
20

Views

View
Territorial

Construction

Year built
1947
Style
56 - 10+ Units
Structure
Multi Family
Roof
Composition

Heating & cooling

Heating
Heat Pump
Cooling
Central Air
Energy source
Electric

Flooring

Flooring
Vinyl Plank

Lot

Lot size
59,982 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Enumclaw
Sewer
Enumclaw Wastewater
Power
PSE

Schools

District
Enumclaw
Elementary
Southwood Elem
Middle
Enumclaw Mid
High
Enumclaw Snr High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Multi Family
  • Composition
  • Heat Pump
  • Central Air
  • Electric
  • Vinyl Plank
  • Cash
  • Conventional

Listing history

  1. Listed

    $2,650,000

    April 27, 2026

  2. Current price

    $2,595,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$15,112

Principal & interest
$13,122
Property tax (est.)
$1,990

Assumes $519,000 down (20%), a $2,076,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM PDT. 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.