136 McKean Court · Enumclaw, WA 98022
Source: NWMLS · Windermere Real Estate/Summit · Ricardo Mendes #NWM2550339
About this home
Attention multifamily investors: Secure an immediate, 100% occupied cash-flow generator delivering nearly $95K/year in gross revenue at a strong 6.31% 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!
Location
Basics
- Property type
- Multi Family
- Style
- 4-Plex
- Stories
- 2 stories
- Year built
- 1981 (renovated 2000)
- Building area
- 4,092 sq ft
- Lot size
- 12,280 sq ft (0.28 acres)
- County
- King
- MLS #
- NWM2550339
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Vinyl, Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Metal/Vinyl
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Cul-De-Sac, Dead End Street, Paved, Sidewalk
- Waterfront
- No
Parking
- Parking spaces
- 8
- Covered spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Enumclaw
- Property tax
- $8,553 (2026)
Transaction
- Original list price
- $1,150,000 (4.4% price cut)
- Listed on
- Jul 9, 2026
- Days on market
- 73
- Listing terms
- Cash, Conventional
- Possession
- Closing, Subject To Tenant Rights
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2022-08-10
- Sold$995,000
- 2017-07-27
- Sold$529,900
- 2013-06-27
- Sold$362,500
- 2002-05-31
- Sold$285,000
Schools
School district: Enumclaw
- Elementary
- Sunrise Elem
- Middle
- Enumclaw Mid
- High
- Enumclaw Senior High SchoolSchoolDigger 3 stars · Top 49% in WA

Listing provided courtesy of: Windermere Real Estate/Summit
Listing agent: Ricardo Mendes.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-10.