$ 1,030,000
-
$1,030,000
Price -
8
Bed -
4
Bath -
3,200
SqFt
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About the Listing 5652 - 41838,110899
Well-maintained fourplex in Federal Way. Each unit features 2 bedrooms, 1 bathroom, a functional floor plan, fireplace, private balcony or patio, and in-unit washer and dryer, providing comfort and convenience for tenants.Property includes dedicated covered parking for each unit, additional uncovered parking spaces, and guest parking. Two units have been recently renovated, offering updated interiors and potential for increased rental income.The property has a strong rental history with long-term tenants, supporting stable and consistent income. On-site professional management is in place, and HOA rules do not allow for self-management.Conveniently located near shopping, dining, schools, and parks, with easy access to I-5 and Hwy 18, making it a desirable location for tenants and commuters alike. Ideal for investors seeking stable cash flow, low deferred maintenance, and long-term appreciation.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
2500500
Year Built
1977
Total Square Footage
3,200
Lot/Acreage
0.24
County
King
Building Name
CAMPUS VIEW DIV 2
Neighborhood
Panther Lake
HOA Dues
375/Monthly
School District
Federal Way
Elementary School
Panther Lake Elementary
Middle School
Illahee Junior High
High School
Todd Beamer High
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,Vinyl,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Lakeheaven
Exterior Details
- Lot Description: Cul-De-Sac,Curbs,Open Space,Paved,Sidewalk,Deck,High Speed Internet,Patio,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 10276
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood Products,Good
- Sewer: Lakeheaven
Financial Details
- Tax Amount: $8,626
- Taxes w/Assessments: N/A
- Tax/Property ID: 1322010300
- Tax Year: 2025
Payment Calculator
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Questions About..
34214 1st Pl S Federal Way, WA 98003
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