Listed by eXp Realty
$3,000,000

2054 Roosevelt Ave Enumclaw, WA 98022

Estimated payment $17,444/month

Total Views 606
29 Beds
14 Baths
8,521 Sq Ft
$352 Price per Sq Ft

Highlights

  • 1.38 Acre Lot
  • Gazebo
  • Baseboard Heating
  • Territorial View
  • Vinyl Plank Flooring
  • 1-Story Property

About This Home

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.

Listing Agent

Kekoa Lwin

eXp Realty License #23028853 Listed on: 09/14/2025

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2427848

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,214

Year Built

  • Built in 1947

Lot Details

  • 1.38 Acre Lot
  • 262006-9051

Home Design

  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 8,521 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring
  • Territorial Views

Bedrooms and Bathrooms

  • 29 Bedrooms
  • 14 Bathrooms

Parking

  • 30 Parking Spaces
  • Open Parking

Outdoor Features

  • Gazebo

Schools

  • Southwood Elementary School
  • Enumclaw Mid Middle School
  • Enumclaw Snr High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • Property has a Home Owners Association
  • Enumclaw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2620069051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,214

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1947
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 8521
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 29
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Updated/Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 30
  • Open Parking: Yes
  • Total Parking Spaces: 30
  • ParkingUncoveredSpaces: 30

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Enumclaw Wastewater
  • WaterCompany: City of Enumclaw
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 1811

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes
  • Common Interest: Multi-Family

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Enumclaw
  • High School: Enumclaw Snr High
  • Middle Or Junior School: Enumclaw Mid

Lot Info

  • Parcel Number: 2620069051
  • Lot Size Acres: 1.377
  • Lot Size: Irregular 165 X 332
  • Lot Size Sq Ft: 59982
  • Additional Parcels Description: 262006-9051
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.67
  • LeasedItems: None
  • TotalMonthlyIncome: 17314

Multi Family

  • Gross Scheduled Income: 204540
  • Net Operating Income: 126514
  • Number Of Units Total: 14
  • Electric Expense: 2653.54
  • Insurance Expense: 3403.32
  • Leasable Area: 7224
  • EnergySource: Electric
  • UnitsInBuildingTotal: 14
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 19214

MLS Schools

  • Elementary School: Southwood Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2025 09/14/25 For Sale $3,000,000 -- $352 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2427848

Northwest Multiple Listing Service (NWMLS)