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
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
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 approximately 1 000 square feet of comfortable living space. Functi
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