Active · Residential Income
27 S 342nd Place , Federal Way, WA 98003
Federal Way, WA 98003
$1,200,000
— bedrooms · — bathrooms · 0 sq ft
Listing provided by Q Star Seattle Corporation · MLS #2571153 · Active
More properties in Federal Way · Explore local city guides
About this property
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus, light rail, shopping center, 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
- 13,780 sq ft
- Association dues
- $678 · Monthly
- Annual property tax
- $8,604 (2025)
- Parking spaces
- 2
- School district
- Federal Way
Listings courtesy of Northwest MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 10/6/2026, 11:04:01 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.
© 2026 Northwest MLS. All rights reserved. Report a listing accuracy or photo concern.
