Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject To Tenant Rights
Roof Tile
HOA Fee 375
Garage Spaces 0
Year Built 1977
View Territorial
Property Subtype Multi Family
Tax Year 2025
Assoc Fee Paid Per Monthly
County King
Net Operating Income 63320
Insurance Expense 3240
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Panther Lake
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions I-5 to exit 142B. Continue to S 348th St. Right onto 1st Ave S. Left on 1st Pl S. Right on 1st Pl S last building on right.
High School Todd Beamer High
City Federal Way
Senior Community Y/N N
High School District Federal Way
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 9927
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Panther Lake Elem
Tax Annual Amount 8984
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Illahee Jnr High
Property Condition Good
Public Remarks Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom 1-bath units each offering 1 000 square feet of comfortable living space. Functional layouts g
Leasable Area 4000
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company Lakehaven
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 11496
Property Style 54 - 4-Plex
Cap Rate 6.3