30853 14th Avenue S Federal Way WA 98003 MLS #NWM2324874

Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and will be close to the future Federal Way light rail stop. Groceries, restaurants, transit, and entertainment are all just blocks away. This well maintained building got a new roof in 2022 and is a smart investment with room to improve cash flow and equity. On site laundry, ample private parking, and private entry make this a property you can be proud to add to your portfolio. Assumable financing may be available for qualified buyers.
Property Details
Price:
$2,995,000
MLS #:
NWM2324874
Status:
Active
Beds:
0
Baths:
0
Address:
30853 14th Avenue S
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Federal Way
Neighborhood:
110 – Dash Point/Federal Way
City:
Federal Way
Listed Date:
Jan 22, 2025
State:
WA
Finished Sq Ft:
9,612
Total Sq Ft:
9,612
ZIP:
98003
Lot Size:
31,050 sqft / 0.71 acres (approx)
Year Built:
1958
Units:
16
Schools
School District:
Federal Way
Interior
Cooling
None
Heating
Baseboard
Exterior
Exterior Features
Brick
Roof
Flat
Financial
Tax Year
2024
Taxes
$27,351
Map
Contact Us
Mortgage Calculator
Similar Listings Nearby
- 4412 SW 335th Street
Federal Way, WA$2,225,000
3.73 miles away

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. This site was last updated 2025-02-18. © 2025 NWMLS.
30853 14th Avenue S
Federal Way, WA
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