Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2513957MLS Provider

2054 Roosevelt AvenueEnumclaw, WA 98022

Multi-Family · 29 Beds · 7,224 Sq. ft. | 1.38 Acres
$2,595,000 Pending Inspection

2054 Roosevelt Avenue Overview

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GREAT ENUMCLAW LOCATION! 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.

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2054 Roosevelt Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,224
  • Price/Sq.ft. $359
  • Lot 1.38 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Enumclaw
  • Elementary School: Southwood Elem
  • Middle Or Junior School: Enumclaw Mid
  • High School: Enumclaw Snr High

Income/Expenses

  • Other Expense: 1969
  • Electric Expense: 2691
  • Fuel Expense: 2023
  • Gross Scheduled Income: 204540
  • Insurance Expense: 2000
  • Net Operating Income: 168897
  • Total Expenses: 38927
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 10937

Building Information

  • New Construction: No
  • Year Built: 1947

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 300 - Enumclaw
  • Subdivision Name: Enumclaw

Community/Development

  • Amenities: Coin Op Laundry,Playground

Tax Information

  • Tax Annual Amount: $19,307.00
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 2620069051
  • Possible Use: Multi-Family
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 7224
  • Building Area Units: Square Feet
  • Calculated Square Footage: 7224
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank
  • Foundation Details: Pillar/Post/Pier
  • Heating: Yes
  • Leasable Area: 7224
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 20
  • Parking Uncovered Total: 20

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 1.377
  • Lot Size Dimensions: Irregular 165 X 332
  • Lot Size Square Feet: 59982
  • Lot Size Units: Square Feet
  • Site Features: Cabana/Gazebo
  • Elevation Units: Feet
  • Water Source: Community

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Number Of Units Total: 14
  • Sewer: Sewer Connected

Unit Information

Unit 10 Details

  • Actual Rent: 1035
  • Beds Total: 2
  • Baths Total: 1

Unit 11 Details

  • Actual Rent: 1035
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1090
  • Beds Total: 2
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1100
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1110
  • Beds Total: 2
  • Baths Total: 1

Unit 9 Details

  • Actual Rent: 1150
  • Beds Total: 2
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1250
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1250
  • Beds Total: 2
  • Baths Total: 1

Unit 13 Details

  • Actual Rent: 1320
  • Beds Total: 3
  • Baths Total: 2

Unit 12 Details

  • Actual Rent: 1330
  • Beds Total: 3
  • Baths Total: 2

Unit 3 Details

  • Actual Rent: 1350
  • Beds Total: 3
  • Baths Total: 2

Unit 8 Details

  • Actual Rent: 1400
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1500
  • Beds Total: 2
  • Baths Total: 1

Unit 14 Details

  • Actual Rent: 1550
  • Beds Total: 1
  • Baths Total: 1

2054 Roosevelt Avenue Neighborhood

Community

98022 (Enumclaw) Demographics

44
Median Age
52
Population Density (per sq. mile)
38%
College Educated
$90,223
Estimated Median Income
6,363
Estimated Total Home Owners
2,121
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2054 Roosevelt Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2054 Roosevelt Avenue Market Data

Based on the last 30 days in this zip code

$762,869
Average List Price
$362
Average Price per Square Foot
28
Properties Sold
109
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

2054 Roosevelt Avenue History

Date Event Value Agent
6/16/2026Source: NWMLS Status Change
Pending Inspection
6/2/2026Source: NWMLS Price Reduction
$2,595,000 -2.1%
4/29/2026Source: NWMLS Added to Database
April 29, 2026