Movoto Real Estate

136 Mckean Ct, Enumclaw, WA 98022

  • $1,150,000

  • bed

  • bath

  • 4,092

    Sqft ($281/Sqft)

House for sale 13 days
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About 136 Mckean Ct

Property type House
Neighborhood
Year built 1981
HOA fee $0/month
Lot size 0.28 Acre
Property description
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!
Listed by
Listing Agent - Ricardo Mendes
Listing Office - Windermere Real Estate/Summit
Source: NWMLS mls logo
MLS#2550339 • last updated 1 week ago
Movoto checked NWMLS for data 22 minutes ago
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Overview
Cooling/AC None
Heating Baseboard
Levels/Style Quadruplex
MLS # 2550339
SubType Multi Family
Type Residential Income
SqFt 4092
Status Active
Lot Size (SqFt) 12280
Lot Size (Acres) 0.2819
Property Tax 8552.64
Year Built 1981
Interior
Exterior
Foundation Poured Concrete
Roof Composition
Construction Metal/Vinyl
# Covered Spaces 4
# Carport Spaces 4
# Parking Spaces 8
# Uncovered Spaces 4
Exterior Features Metal/Vinyl
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, City Of Enumclaw
Water Public
Water Company City Of Enumclaw
Power Company PSE
Power Production: Type Electric
HOA Amenities Storage, Thermal Windows
Location
County King
Subdivision Enumclaw
Area 300 - Enumclaw
Elementary School Sunrise Elem
Middle School Enumclaw Mid
High School District Enumclaw
High School Enumclaw Snr High
APN 5343400070
Multifamily Details
Net Operating Income 69371
Capitalization Rate 6.03
Expense: Insurance 4792
Expense: Electricity 375.14
Gross Scheduled Income 94860
Expense: Other 4906
Gross Adjusted Income 92963
Total Expenses 23592.22
Gross Rent Multiplier 12.12
Nwm_Totalmonthlyincome 7905
Vacancy Rate 2
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Source: GreatSchools.org © 2026. All rights reserved.

Around Enumclaw

Explore everything this neighborhood has to offer.
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Walk
75/100
Family
27/100
Dining
73/100
Pet
  • Real Estate
  • WA
  • King County
  • Enumclaw
  • 98022
  • 136 Mckean Ct

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