All homes

$895,000

34246 1st Place

Federal Way, WA 98003

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.23 ac

Year built

1977

Type

Residential Income

Days listed

0

MLS #

2586121

About this home

Turnkey 4 Plex Investment in a great community. Features 4 occupied spacious units w/functional layouts, large deluxe units w/1 bed, 1 full bath - highly desirable units. All units have a cozy FP, in-unit W/D, balcony or deck. Dedicated covered parking spots for each unit + visitor parking. New roof in 2024, New siding in 2024, new exterior and interior paint in 2024. Prime location close to Redondo beach, Costco, Winco, shopping malls, restaurants, schools, parks, library & hospitals. Community sports courts, play areas and amenities. Easy access to I-5, Hwy 99, Hwy 18 and upcoming light rail for commuters. Great cash flowing property for Investors, Owner occupied buyers & VA buyers.

Exterior features

WoodWood Products

Property details

Heating
Forced Air
Cooling
None
Flooring
Engineered Hardwood, Vinyl, Vinyl Plank, Carpet
View
Territorial
Lot
Corner Lot, Curbs, Open Space, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$8,998 (2026)
HOA dues
$375 / monthly

Estimate your monthly payment

$5,650/mo

Principal & interest
$4,526
Property taxes
$750
HOA dues
$375
Loan amount $716,000

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 Skyline Properties, Inc.— Scott Fladseth.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.

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