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Two-Bed Apartment Community
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Pending

1515 Florence St & 1510 Loraine St, Enumclaw, WA 98022

1980-built 16-unit apartment complex with all two-bedroom, one-bath layouts, on-site laundry, and a standalone office.

Property SizeContact for details
Days on Market50

Property Features for 1515 Florence St & 1510 Loraine St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 16

Amenities

on-site laundry
private patios
on-site parking

Building Details

Year Built 1980
Tenancy Multi
Listing Agency: Institutional Property Advisors Seattle
Listed By: Ryan Dinius · License #WA 111375
Source: Crexi
Added: Jul 21 Changed: Aug 27 Last Checked: Sep 7 at 3:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Institutional Property Advisors Seattle

Investment Insights

Based on property information with market context.

The Mountain View Apartments is a 16-unit apartment complex built in 1980. The property includes eight ±850-square-foot and eight ±825-square-foot two-bedroom, one-bath units. Each apartment offers a living and dining room, oven/range, and refrigerator, with ground-floor units featuring private patios. The community also includes an on-site laundry area and ample on-site parking. A standalone rental office is present on-site and could be converted to a unit, expanding the property’s flexibility.

Located in Enumclaw, the apartments are described as being blocks from grocers, restaurants, entertainment, and shopping. The units are equipped with double pane vinyl windows, and the property is presented as a well-maintained residential community.

All units are two-bedroom, one-bath configurations, creating a consistent tenant experience across the building’s mix. The combination of established unit layouts and the ability to convert the on-site office supports straightforward property management and potential interior renovation plans.

Key Highlights

  • Built in 1980, Mountain View Apartments is a 16‑unit apartment complex in Enumclaw
  • All units are 2‑bedroom/1‑bath layouts: eight ~850 SF and eight ~825 SF units
  • Standalone on‑site rental office could be converted to a unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Storage Facility Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

564
Businesses Nearby

Demographics for 98022, WA

22,874
Population
9,828
Households
2.3
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
726.5 sq mi
ZIP Area
31
Density / Sq Mi
$116,613
Median Household Income
$59,360
Median Earnings
$1,626
Median Rent
$577,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 1980-built 16-unit apartment complex with all two-bedroom, one-bath layouts, on-site laundry, and a standalone office.
Where is this apartment building located?
The property is located at 1515 Florence St & 1510 Loraine St Enumclaw, WA.
What are key features of this property?
This property features: Built in 1980, Mountain View Apartments is a 16‑unit apartment complex in Enumclaw; All units are 2‑bedroom/1‑bath layouts: eight ~850 SF and eight ~825 SF units; Standalone on‑site rental office could be converted to a unit
More about this property
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