MLS #2500500 / Listing provided by NWMLS & RSVP Real Estate.
$1,030,000
34214 1st Place S
Federal Way,
WA
98003
Sq Ft
Per Sq Ft
Year Built
Well-maintained fourplex in Federal Way. Each unit features 2 bedrooms, 1 bathroom, a functional floor plan, fireplace, private balcony or patio, and in-unit washer and dryer, providing comfort and convenience for tenants.Property includes dedicated covered parking for each unit, additional uncovered parking spaces, and guest parking. Two units have been recently renovated, offering updated interiors and potential for increased rental income.The property has a strong rental history with long-term tenants, supporting stable and consistent income. On-site professional management is in place, and HOA rules do not allow for self-management.Conveniently located near shopping, dining, schools, and parks, with easy access to I-5 and Hwy 18, making it a desirable location for tenants and commuters alike. Ideal for investors seeking stable cash flow, low deferred maintenance, and long-term appreciation.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Total: 8
- Total Uncovered Parking Spaces: 4
Structure
- Roof: Composition
- Exterior Features: Wood Products
- Foundation: Poured Concrete
Lot Details
- Lot Features: Cul-De-Sac, Curbs, Open Space, Paved, Sidewalk
- Acres: 0.2359
- Foundation: Poured Concrete
Schools
- High School District: Federal Way
- High School: Todd Beamer High
- Middle School: Illahee Jnr High
- Elementary School: Panther Lake Elem
Lot Details
- Lot Features: Cul-De-Sac, Curbs, Open Space, Paved, Sidewalk
- Acres: 0.2359
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: PSE
Water, Sewer, and Garbage
- Sewer Company: Lakeheaven
- Sewer: Sewer Connected
- Water Company: Lakeheaven
- Water Source: Public
- Water, Sewer, and Garbage: 3776.52
Amy Flippo
Broker | REALTOR®
Send Amy Flippo an email