177 S 340th Street Federal Way, WA $ 895,000
177 S 340th Street
$ 895,000
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177 S 340th Street

Federal Way, WA, 98003
$ 895,000
Bedrooms8 Baths4.0 Sq 3,600

Monthly Estimate*

$ 5,651

Listed by Windermere RE/Capitol Hill,Inc
177 S 340th Street, Federal Way, WA 98003 - Image 1
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Multi-Family Home for sale in Federal Way, WA

for $895,000 with 8 bedrooms and 4 full baths. This 3,600 square foot home was built in 1977 on a lot size of 0.221.

Turnkey fourplex offering strong rental potential in the well-established Campus View community. All four two-bedroom, one-bath residences feature comfortable, functional floor plans with fireplaces, private balconies or patios, and the convenience of in-unit washers and dryers. Each unit includes a reserved covered parking space, plus guest parking for visitors.Professional on-site management simplifies ownership by handling the day-to-day operations, making this an attractive opportunity for both experienced investors and those entering the multifamily market. Ideally situated near shopping, restaurants, parks, and major commuter routes including I-5, Highway 99, and Highway 18, this property offers a desirable location that appeals to tenants. A quality investment with stable income potential in a convenient South King County location.

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Multi-Family Active

Price

$ 895,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,706

Style

4-Plex

Lot Size

0.221

Year Built

1977

Town/City

Federal Way

County/Region

King

MLS | Web ID

2567010

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 375
Garage Spaces 0
Year Built 1977
View Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Campus View
Assoc Fee Paid Per Monthly
County King
Net Operating Income 42021
Insurance Expense 3556.17
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name Federal Way
Special Listing Conditions None
Status Active
Directions I-5 South to 348th go right then take a right on 1st the left on 340th left into Campus View
High School Buyer To Verify
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 9625
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 8706.24
Electric Expense 246.83
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Turnkey fourplex offering strong rental potential in the well-established Campus View community. All four two-bedroom one-bath residences feature comfortable functional floor plans with fireplaces pr
Leasable Area 3600
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company Lakehaven
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 7726.53
Property Style 54 - 4-Plex
Cap Rate 4.7
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Exterior
Exterior Amenities Wood
Lot Features Curbs Dead End Street Paved Sidewalk
Water Source Community
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 3600
Lot Size Acres 0.221
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Deck Patio
Parking Uncovered Total 0
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2567010
Street Number 1 177
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* Excluded Features
List By
Michael D. Harris

Listing Agent

Windermere Re/Capitol Hill,Inc

Broker

Affordability Calculator

$6,377
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,651
Monthly Property Taxes
$726
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100707 Elementary School
3100498 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2026$895,000 Listed Price

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177 S 340th Street, Federal Way, WA, 98003 is a Multi-Family Home for sale at $895,000 with 3,600 sqft and a lot size of 0.221. 177 S 340th Street has 8 bedrooms, 4.0 baths, and was built in 1977. The property's zip code is 98003 which is in Federal Way, WA