This is 4 plex multi family home in very good location in Federal Way. Complete exterior & interior. Well managed and fully occupied units. 2 bedrooms/1 bathroom, washer/dryer, fireplace. Cross the road is public library. Easy access to I-5, Hwy 19 &99. Very good opportunity to own 4-plex with 5% net income.
Active
Listed by:
Chong Tae Min,
Q Star Seattle Corporation
$1,200,000
27 S 342nd Place, Federal Way, WA 98003
8beds
4baths
3,600sqft
Est.:
Quadruplex
Built in 1979
-- sqft lot
$1,161,700 Zestimate®
$333/sqft
$375/mo HOA
What's special
- 147 days
- on Zillow |
- 88 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 21, 2025 at 05:57pm
Listed by:
Chong Tae Min,
Q Star Seattle Corporation
Source: NWMLS,MLS#: 2341793

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Radiant, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 2
Lot
- Size: 0.32 Acres
Details
- Parcel number: 1322020660
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1979
- Major remodel year: 2000
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Subdivision: Panther Lake
HOA
- HOA fee: $375 monthly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $727,000
- Annual tax amount: $8,161
- Date on market: 3/12/2025
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 148 days
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