34025 1st Place S · Federal Way, WA 98003
Source: NWMLS · Skyline Properties, Inc. · Sonny Kwan #NWM2535696
About this home
Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance. MLS 2501184 is also listed next door to make it a great assemblage portfolio.
Location
Basics
- Property type
- Multi Family
- Style
- 4-Plex
- Stories
- 2 stories
- Condition
- Good
- Year built
- 1979 (renovated 2021)
- Lot size
- 10,278 sq ft (0.24 acres)
- County
- King
- MLS #
- NWM2535696
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Slab
- Lot features
- Curbs, Paved, Sidewalk
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 7
- Covered spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Wood
Community & fees
- Subdivision
- Panther Lake
- HOA dues
- $678/mo
- Property tax
- $7,595 (2026)
Transaction
- Original list price
- $825,000 (3.2% price cut)
- Listed on
- Jun 9, 2026
- Days on market
- 103
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2021-02-02
- Sold$669,500
Schools
School district: Federal Way
- High
- Todd Beamer High SchoolSchoolDigger 1 star · Top 87% in WA
Listing provided courtesy of: Skyline Properties, Inc.
Listing agent: Sonny Kwan.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-07-20.