Enumclaw, WA 98022 2054 Roosevelt Avenue
$3,000,000
Pending
12 more
Presented By: eXp Realty and NWMLS
- MLS# 2427848
- 09/14/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 8,521
Home Details
GREAT 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 $250K+ each (no inventory in town). Potential to build on vacant lot. Deeded parking to each unit. Condos and complex have been nicely upgraded, maintained and well managed. Additional income from 5 storage units plus updated laundry room. Lots of grass areas, a spacious common courtyard, and, plentiful parking make this a highly desirable home for tenants. Very nice, high quality tenants. Great location walking distance to downtown Enumclaw.
Presented By: eXp Realty and NWMLS
Interior Features for 2054 Roosevelt Avenue
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 2054 Roosevelt Avenue
AmenitiesCoin Op Laundry
Assoc/CICMulti-Family
Building Area UnitsSquare Feet
Cap Rate4.21
Carport Spaces
Carport Y/NNo
CityEnumclaw
CoolingWindow Unit(s)
CountyKing
DirectionsAccess property just West of Cole Street on Roosevelt Avenue. South side of street.
Electric Expense2653.54
Elementary SchoolSouthwood Elem
Fuel Expense
HOAYes
HOA Fee$
HeatingBaseboard
High SchoolEnumclaw Snr High
High School DistrictEnumclaw
Insurance Expense3403.32
Leasable Area7224
Listing TermsConventional
Lot Size Square Feet59982
Lot Size UnitsSquare Feet
MLS Area300 – Enumclaw
Middle/Junior High SchoolEnumclaw Mid
ModificationTimestamp2025-09-26T18:06:11.501Z
NWM_ShowMapLinkY
Net Operating Income126514
New ConstructionNo
Number Of Units Total14
Open Parking Spaces30
PossessionClosing
Possible UseMulti-Family
Property ConditionUpdated/Remodeled
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksGREAT 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. P
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending Feasibility
Structure TypeMulti Family
Subdivision NameEnumclaw
Tax Annual Amount19214
Tax Year2024
Units Below Gradefalse
Units In Building Total14
ViewTerritorial
Water CompanyCity of Enumclaw
Water Sewer Garbage1811
Year Built1947
Zoning DescriptionMulti-Family
Exterior for 2054 Roosevelt Avenue
Building Area Total8521
Covered Spaces
Exterior AmenitiesCement/Concrete
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot DimensionsIrregular 165 X 332
Lot FeaturesPaved
Lot Size Acres1.377
Parking Uncovered Spaces30
Site FeaturesCabana/Gazebo
Total Parking30
Water SourceCommunity
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Southwood Elem
Middle School
Enumclaw Mid
High School
Enumclaw Snr High
Josh QA1
REALTOR ® SRES ®