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Active · Residential Income

34246 1st Place S, Federal Way, WA 98003

Federal Way, WA 98003

$895,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Skyline Properties, Inc. · MLS #2586121 · Active

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About this property

Turnkey 4 Plex Investment in a great community. Features 4 occupied spacious units w/functional layouts, large deluxe units w/1 bed, 1 full bath - highly desirable units. All units have a cozy FP, in-unit W/D, balcony or deck. Dedicated covered parking spots for each unit + visitor parking. New roof in 2024, New siding in 2024, new exterior and interior paint in 2024. Prime location close to Redondo beach, Costco, Winco, shopping malls, restaurants, schools, parks, library & hospitals. Community sports courts, play areas and amenities. Easy access to I-5, Hwy 99, Hwy 18 and upcoming light rail for commuters. Great cash flowing property for Investors, Owner occupied buyers & VA buyers.

Property details

Property type
Multi Family
Year built
1977
Lot size
9,810 sq ft
Association dues
$375 · Monthly
Annual property tax
$8,998 (2026)
Parking spaces
8
School district
Federal Way
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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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