Movoto Real Estate
Sold on 02/07/2024

2734 Initial Pl, Enumclaw, WA 98022

  • $1,058,411

    Last sold 02/07/2024 for $1M

  • bed

  • bath

  • 3,552

    Sqft ($282/Sqft)

House not for sale
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About 2734 Initial Pl

Property type House
Neighborhood
Year built 1982
HOA fee $0/month
Lot size 0.28 Acre
Movoto estimate
Property description
Hard to find 4plex with 2 bedroom 1.5 bath units - 2 parking spaces per unit 9 total. Newer roof and insulation in 2020. Newer vinyl windows and sliding doors 2015, newer water heaters, duradek vinyl decking. One unit freshly painted, new carpet, new sink, new wall heaters new rent. Ready for a new renter with higher rent. All units have a deck or patio and outdoor storage and washer and dryer hookups. Bedrooms and living space is very spacious. Walk to town or schools. 3 units have a view of Mount Rainier! Rents are currently below market but 3 units have long term month to month tenants keeping utilities low. Owners have meticulously maintained this building - turn key, ready for you to cash flow.
Listed by
Listing Agent - Karen Jackson
Listing Office - John L. Scott, Inc
Source: NWMLS mls logo
MLS#2170560 • last updated 1 year ago
Movoto checked NWMLS for data 6 minutes ago
Overview
Cooling/AC None
Levels/Style Quadruplex
MLS # 2170560
SubType Multi-Family
Type Residential Income
SqFt 3552
Status Sold
Lot Size (SqFt) 12146
Lot Size (Acres) 0.2788
Property Tax 7390
Year Built 1982
Buying Office Phone 425-455-2065
Interior
Exterior
Foundation Slab
Roof Composition
# Open Parking Spaces 9
# Parking Spaces 9
# Uncovered Spaces 9
Exterior Features Wood
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, Wood
Security Features FullyFenced
HOA Amenities Thermal Windows
Location
View Mountain(s)
County King
Subdivision High School
Area 300 - Enumclaw
Elementary School Buyer To Verify
Middle School Enumclaw Mid
High School District Enumclaw
High School Enumclaw Snr High
APN 899010070
Zoning Multi-Family
Multifamily Details
Net Operating Income 51035
Capitalization Rate 5.3
Expense: Insurance 2660
Gross Scheduled Income 64200
Expense: Other 778
Gross Adjusted Income 51035
Total Expenses 13165
Gross Rent Multiplier 15
Nwm_Totalmonthlyincome 5350
Lot/ Land Details
Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
$1.05M
Range: $952K-$1.16M
Last 30 days 
Rental est.: $1,755/month
Gross rent multiplier: 47.5
Powered By Movoto
  • Feb 2024
    mls logo MLS # 2170560
  • Feb 7, 2024 Sold
    $1,000,000
  • Oct 25, 2023 Pending
  • Oct 20, 2023 Listed
    $999,999 (+277.4%)
  • Jun 2002
    mls logo MLS # 22042376
  • Jun 7, 2002 Sold
    $264,950
  • Apr 8, 2002 Listed
    $264,950
  • 2734 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
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Source: GreatSchools.org © 2026. All rights reserved.

Around 300 - Enumclaw

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