34214 1st Place S Federal Way, WA 98003
Sold
Listing Courtesy of: MLS LogoNorthwest MLS / Hampton West Real Estate and Rsvp Real Estate ERA Powered

  34214 1st Place S Federal Way, WA 98003

Sold on 07/01/2024
$909,500 (USD)

Description

Below market rents with potential to increase at the end of the year. Don’t miss this opportunity to own a well-maintained 4plex in Federal Way. This property features four spacious units, each with 2 bedrooms, 1 bathroom, a fireplace, a balcony or patio, and in unit washer and dryer. Dedicated covered parking for each unit plus 2 guest spaces. Great location convenient to shopping, dining, schools, and parks. Good access to I-5 and Hwy 18 for commuters. All units are currently occupied with great rental history, long term tenants that generate a stable income. On site professional management makes this is a turn-key investment that you don’t want to miss! HOA rules do not allow for self management.

MLS #:
2131380
Taxes
$8,330(2022)
Lot Size
10,276 SQFT
Type
Multifamily
Building Name
Campus View Division 2
Year Built
1977
Style
4-Plex
School District
Federal Way
County
King County
Community
Panther Lake

Listed By

Kirk Mulfinger, Hampton West Real Estate
Bought with
Martha Zahuita, Rsvp Real Estate ERA Powered
Source
Northwest MLS as distributed by MLS Grid
Last checked Nov 16 2025 at 8:33 AM PST
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Panther Lake
Lot Information
  • Curbs
  • Dead End Street
  • Sidewalk
  • Paved
  • Cul-De-Sac
  • Open Space
Property Features
  • Athletic Court
  • Deck
  • Patio
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Pool Information
  • Community
Homeowners Association Information
  • Dues: $4668/Annually
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Efficiency: Thermal Windows
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 07, 2024
Price Changed
$909,500
-1%
-10,000
Jan 22, 2024
Price Changed
$919,500
-1%
-10,000
Oct 13, 2023
Price Changed
$929,500
-2%
-20,500
Jun 27, 2023
Original Price
$950,000
-
-
Disclaimer: Based on information submitted to the MLS GRID as of 11/16/25 00:33. All data is obtained from various sources and may not have been verified by RSVP Brokers ERA 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.