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Exterior
Other
Living
Bedroom
Kitchen
Bath

2054 Roosevelt Ave, Enumclaw, WA 98022

$2,450,000

Last sold 08/26/2026 after 121 Days

—
bed
—
bath
7,224
Sqft ($339/Sqft)

House not for sale

Listing Broker: eXp Realty; Kekoa Michael Lwin; 808-478-6453; Kekoa@teamkekoa.com

About 2054 Roosevelt Ave

Property type House

Neighborhood

Year built 1947

HOA fee $0/month

Lot size 1.38 Acre

Movoto estimate

Property description

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.

Listed by

Listing Agent - Kekoa Michael Lwin

Listing Office - eXp Realty

Source: NWMLS

MLS#2513957 • last updated 1 week ago

Movoto checked NWMLS for data 8 minutes ago

Overview
Cooling/AC	Central Air
Heating	Heat Pump
Levels/Style	Multi Family
MLS #	2513957
SubType	Multi Family
Type	Residential Income
SqFt	7224
Status	Sold
Lot Size (SqFt)	59982
Lot Size (Acres)	1.377
Property Tax	19307
Buying Office	ZNonMember-Office-MLS
Year Built	1947
Buying Office Phone	425-820-9200
Condition	Updated/Remodeled

Interior
Flooring	Vinyl Plank

Exterior
Foundation	Pillar/Post/Pier
Roof	Composition
Construction	Wood
# Parking Spaces	20
# Uncovered Spaces	20
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Enumclaw Wastewater
Water	Community
Water Company	City Of Enumclaw
Power Company	PSE
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry, Playground

Location
View	Territorial
County	King
Subdivision	Enumclaw
Area	300 - Enumclaw
Elementary School	Southwood Elem
Middle School	Enumclaw Mid
High School District	Enumclaw
High School	Enumclaw Snr High
APN	2620069051
Zoning	Multi-Family
Directions	Access Property Just West Of Cole Street On Roosevelt Avenue. South Side Of Street.

Multifamily Details
Net Operating Income	168897
Capitalization Rate	5.28
Expense: Insurance	2000
Expense: Electricity	2691
Gross Scheduled Income	204540
Expense: Fuel	2023
Expense: Other	1969
Gross Adjusted Income	194313
Total Expenses	38927
Gross Rent Multiplier	15.64
Vacancy Rate	5

Lot/ Land Details
Site Features	Cabana/Gazebo

$2.49M

Range: $2.24M-$2.74M

Last 30 days

Rental est.: $1,829/month

• Gross rent multiplier: 111.6

Lower your payment with the loan terms that fit you.

Aug 2026
MLS # 2513957
Aug 26, 2026 Sold
$2,450,000 (-5.6%)
Jun 15, 2026 Pending
—
Jun 2, 2026 Price Change
$2,595,000 (-2.1%)
Apr 27, 2026 Listed
$2,650,000 (-11.7%)
Sep 2025
MLS # 2427848
Sep 20, 2025 Pending
—
Sep 14, 2025 Listed
$3,000,000

Year Property taxes Tax assessment
2025
$17,332 -54.8%

$1,808,000 -10.18%
2024
$38,334 +137.4%

$2,013,000 +13.28%
2023
$16,145 -50.3%

$1,777,000
2022
$32,470 +107.3%

$1,777,000 +9.15%
2021
$15,662

$1,628,000

2054 Roosevelt Ave
$2.45M
Enumclaw
$709K +3% y/y
98022
$749K +3% y/y
Enumclaw
$749K +5% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2030 Roosevelt Ave, Enumclaw, WA 98022	$461,300	2/1	1,030	0.03
2020 Roosevelt Ave, Enumclaw, WA 98022	$414,200	2/1	870	0.03
2040 Roosevelt Ave, Enumclaw, WA 98022	$489,000	3/1	1,200	0.03
2010 Roosevelt Ave, Enumclaw, WA 98022	$456,600	3/1	1,290	0.03
2070 Roosevelt Ave, Enumclaw, WA 98022	$489,000	3/1	1,470	0.05
919 Myrtine St, Enumclaw, WA 98022	$456,900	3/1	1,090	0.06
901 Myrtine St, Enumclaw, WA 98022	$445,000	3/1	1,000	0.06
937 Myrtine St, Enumclaw, WA 98022	$563,500	3/1	2,290	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.