115 S 339th Circle Federal Way WA 98003 MLS #NWM2435784
Listing Provided Courtesy of Skyline Properties, Inc.A perfect opportunity for first-time or hands-off investors! This 100% turnkey 4-plex is located in the sought-after Panther Lake area, where the community boasts a vacancy rate under 2% and is professionally managed with community-maintained grounds.Each of the four units features 2 bedrooms / 1 bathroom, fireplace, in-unit washer and dryer. 4 carport parking plus additional visitor parking. Newer exterior paint (2024). Tenants reimburse for utilities. Professional property management is in place at just 5%, making this a true hands-free investment. Don’t miss this rare chance to own a low-maintenance, income-producing property in a thriving rental market.
Current real estate data for Multi Family in Federal Way as of Feb 19, 2026
5
Multi Family Listed
72
Avg DOM
291
Avg $ / SqFt
$1,351,000
Avg List Price
Property Details
Price:
$875,000
MLS #:
NWM2435784
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subdivision:
Panther Lake
Neighborhood:
110dashpointfederalway
Listed Date:
Sep 23, 2025
Finished Sq Ft:
3,056
Total Sq Ft:
3,056
Lot Size:
9,614 sqft / 0.22 acres (approx)
Year Built:
1979
Units:
4
Schools
School District:
Federal Way
Elementary School:
Panther Lake Elem
Middle School:
Illahee Jnr High
High School:
Todd Beamer High
Interior
Cooling
None
Flooring
Vinyl, Vinyl Plank, Carpet
Heating
Radiant
Exterior
Construction Materials
Wood
Exterior Features
Wood, Wood Products
Parking Spots
6
Roof
Composition
Financial
HOA Fee
$678
HOA Frequency
Monthly
Tax Year
2025
Taxes
$8,455
Map
Contact Us
Mortgage Calculator
Community
- Address115 S 339th Circle Federal Way WA
- SubdivisionPanther Lake
- CityFederal Way
- CountyKing
- Zip Code98003
Property Summary
- Located in the Panther Lake subdivision, 115 S 339th Circle Federal Way WA is a Multi Family for sale in Federal Way, WA, 98003. It is listed for $875,000 To schedule a showing of MLS#nwm2435784 at 115 S 339th Circle in Federal Way, WA, contact your HomeSmart One Realty agent at 425-218-4178.
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Courtesy of Skyline Properties, Inc.. Disclaimer: Based on information submitted to the MLS GRID as of Feb-19-2026 9:38:21 am. 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.Copyright 2026. All rights reserved.
115 S 339th Circle
Federal Way, WA