$1,200,000
27 342nd Place
Federal Way, WA 98003
Beds
—
Baths
—
Sq Ft
—
Lot
0.32 ac
Year built
1979
Type
Residential Income
Days listed
26
MLS #
2571153
About this home
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus, light rail, shopping center, and dining, with easy access to I-5, Hwy 99 and the King County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.
Exterior features
Schools
Elementary
Panther Lake Elem
Middle
Illahee Jnr High
High
Todd Beamer High
Property details
- Heating
- Baseboard, Radiant
- Cooling
- None
- Water source
- Public
- Sewer
- Sewer Connected
Costs
- Annual taxes
- $8,604 (2025)
- HOA dues
- $678 / monthly
Estimate your monthly payment
$7,463/mo
- Principal & interest
- $6,068
- Property taxes
- $717
- HOA dues
- $678
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Federal Way, WA 98003
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Q Star Seattle Corporation— Pearl Lee.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.