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34120 1st Place S, Federal Way, WA 98003

Federal Way, WA 98003

Square Ft.
3,600
Active
Multifamily
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Market LogoListing courtesy of Real Broker LLC
$989,000
Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering approximately 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive… Read MoreRead Less
Listing courtesy of Real Broker LLC
Listing Snapshot
Cumulative Days On Market
134
Days on Website
135
Last Updated
Property Type
Quadruplex
Square Ft.
3,600
Lot Size
0.23 Acres
Year Built
1977
Property Tax
$8,984
MLS Number
2491971
30 Days Snapshot Of 98003
$544k
+9%
(avg) sold price
18
-48%
homes sold
57
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 3600, Building Area Units: Square Feet, Calculated Square Footage: 3600, Elevation Units: Feet, Leasable Area: 4000, Living Area: 0, Number Of Units Total: 4, Stories Total: 2, Structure Type: Quadruplex, Units In Building Total: 4, Year Built: 1977, Year Built Effective: 2005
Expenses
Other Expense: 18400
Exterior Features
Exterior Features: "Wood", "Wood Products"
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Vinyl", "Carpet"
Foundation
Foundation Details: Poured Concrete
Garage
Garage Spaces: 0
Home Owner's Association
Association Fee Frequency: Monthly, Association Fee: $375
Income
Net Operating Income: 63320
Lot
Features: "Cul-De-Sac", "Dead End Street", 0 acres, 9927 square feet, View: Territorial
Parking
Carport Spaces: 4, Covered Spaces: 4, Parking Total: 6, Parking Uncovered Total: 2
Property
Property Condition: Good, Site Features: Cable TV, Deck, Patio
Roof
Roof: Tile
Sewer
Sewer: Sewer Connected, Sewer Company: Lakehaven
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Company: Puget Sound Energy, Power Production Type: Electric, Water Company: Lakehaven, Water Source: Public

Listings are Copyright © Northwest Multiple Listing Service. All Rights Reserved.

Listing Last Updated , .

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Mortgage Calculator (Source: AgentFire)
Monthly Payment
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Schools In The Area

Check out nearby schools with ratings and contact info. Source: Home Junction
Panther Lake Elementary School 253-945-3600 Public KG-5
Illahee Middle School 253-945-4600 Public 6-8
Todd Beamer High School 253-945-2570 Public 9-12
Panther Lake Elementary School 253-945-3600 Public KG-5
Panther Lake Elementary School 253-945-3600 Public KG-5
Illahee Middle School 253-945-4600 Public 6-8
Todd Beamer High School 253-945-2570 Public 9-12

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Listings are Copyright © Northwest Multiple Listing Service. All Rights Reserved.

Based on information submitted to the MLS GRID as of . 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.
Listings last updated on ,