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Active · Residential Income

120 S 339th Circle , Federal Way, WA 98003

Federal Way, WA 98003

$1,200,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Q Star Seattle Corporation · MLS #2571118 · Active

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About this property

A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus stop, light rail, shopping, and dining, with easy access to I-5, Hwy 99 and the king County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.

Property details

Property type
Multi Family
Year built
1979
Lot size
10,290 sq ft
Association dues
$678 · Monthly
Annual property tax
$8,906 (2025)
Parking spaces
2
School district
Federal Way
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:56:41 PM Pacific. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team