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Sold on 07/31/2024
  • Exterior
  • Other
  • Kitchen
  • Bath
  • Entry Way
  • Living
  • Bedroom

2733 Initial Pl, Enumclaw, WA 98022

  • $1,008,857

    Last sold 07/31/2024 for $1M

  • —

    bed

  • —

    bath

  • 3,552

    Sqft ($282/Sqft)

House not for sale
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About 2733 Initial Pl

Property type House
Neighborhood
Year built 1982
HOA fee $0/month
Lot size 0.28 Acre
Movoto estimate
Property description
Excellent fourplex located in Enumclaw. Owner has recently made several long term improvements- new roof, new Hardie Plank siding, new windows and sliders. New exterior decking material on upper levels. 2 bedroom 1.5 bath townhouse style units. Washer-Dryer hookups in each unit. Patio and storage unit for each tenant. Some long term tenants on month to month are under market. This well maintained investment property is a fantastic inflation hedge and gives you both stable income and future growth potential. Professionally managed and can continue with new owner. $90,000 in recent improvements. No sign, drive by only, please do not make contact with occupants.
Listed by
Listing Agent - Fred Grunewald
Listing Office - Skyline Properties, Inc.
Source: NWMLS mls logo
MLS#2240179 • last updated 1 year ago
Movoto checked NWMLS for data 6 minutes ago
Overview
Cooling/AC None
Heating Baseboard
Levels/Style Quadruplex
MLS # 2240179
SubType Multi-Family
Type Residential Income
SqFt 3552
Status Sold
Lot Size (SqFt) 12136
Lot Size (Acres) 0.2786
Property Tax 7390
Year Built 1982
Buying Office Phone 425-455-2065
Condition Good
Interior
Interior Features Wall To Wall Carpet
Exterior
Foundation Slab
Roof Composition
Construction Standard Frame
# Open Parking Spaces 6
# Parking Spaces 6
# Uncovered Spaces 6
Exterior Features Cement/Concrete
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, Public
Water Community
Water Company Public
Power Company Public
Power Production: Type Electric
HOA Amenities See Remarks, Thermal Windows
Location
County King
Subdivision Enumclaw
Area 300 - Enumclaw
High School District Enumclaw
APN 899010030
Directions GPS Friendly. Griffin...Semanski...Initial Pl...left Side On Cul-de-sac
Zoning Multi-Family
Multifamily Details
Net Operating Income 55830
Capitalization Rate 5.6
Expense: Insurance 2600
Gross Scheduled Income 71220
Gross Adjusted Income 71220
Total Expenses 15390
Gross Rent Multiplier 14
Nwm_Totalmonthlyincome 5935
Lot/ Land Details
Site Features Deck, Patio
$1M
Range: $907K-$1.1M
Last 30 days 
Rental est.: $1,755/month
Gross rent multiplier: 47.5
Powered By Movoto
  • Jun 2024
    mls logo MLS # 2240179
  • Jun 16, 2024 Pending
    —
  • Jun 14, 2024 Listed
    $1,000,000
  • 2733 Initial Pl
    $1M
  • 300 - Enumclaw
    —
  • 98022
    $739K -1% y/y
  • Enumclaw
    $739K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
Sunrise Elementary School
public Grades K-5
Enumclaw School District
6/10
Enumclaw Middle School
public Grades 6-8
Enumclaw School District
5/10
Enumclaw Sr High School
public Grades 9-12
Enumclaw School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 300 - Enumclaw

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