34246 1st Place S · Federal Way, WA 98003
Source: NWMLS · Skyline Properties, Inc. · Scott Fladseth #NWM2586121
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.
Location
Basics
- Property type
- Multi Family
- Style
- 4-Plex
- Stories
- 2 stories
- Condition
- Very Good
- Year built
- 1977
- Building area
- 3,000 sq ft
- Lot size
- 9,810 sq ft (0.23 acres)
- County
- King
- MLS #
- NWM2586121
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Engineered Hardwood, Vinyl, Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Wood, Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Corner Lot, Curbs, Open Space, Paved, Sidewalk
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 8
- Covered spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- West Campus
- HOA dues
- $375/mo
- Property tax
- $8,998 (2026)
Transaction
- Listed on
- Sep 22, 2026
- Days on market
- 3
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing, Subject To Tenant Rights
More homes nearby
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: Scott Fladseth.
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 2026-09-23.