23 S 342nd Place Federal Way WA 98003 MLS #NWM2451216

23 S 342nd Place
Federal Way, WA, 98003
$859,000
MLS #NWM2451216 image #0MLS #NWM2451216 image #1MLS #NWM2451216 image #2MLS #NWM2451216 image #3MLS #NWM2451216 image #4
Listing Provided Courtesy of Skyline Properties, Inc.
Turnkey Investment in a great community. Features 4 occupied spacious units w/functional layouts. 2 units w/2 beds, 1 full bath and 2 units w/1 bed, 1 full bath with a loft and vaulted ceilings – 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 schools, library, shopping, restaurants, hospital, Redondo beach, Costco & Winco. 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.
Current real estate data for Multi Family in Federal Way as of Jan 10, 2026
4
Multi Family Listed
74
Avg DOM
301
Avg $ / SqFt
$1,487,000
Avg List Price

Property Details

Price:
$859,000
MLS #:
NWM2451216
Status:
Pending
Beds:
6
Baths:
4
Type:
Multi Family
Subdivision:
Panther Lake
Neighborhood:
110dashpointfederalway
Listed Date:
Oct 30, 2025
Finished Sq Ft:
2,712
Total Sq Ft:
2,712
Lot Size:
12,915 sqft / 0.30 acres (approx)
Year Built:
1979
Units:
4
110 – Dash Point/federal Way110dashpointfederalwayPanther LakeFederal WayTerritorial

Schools

School District:
Federal Way

Interior

Cooling
None
Flooring
Vinyl, Carpet
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
8
Roof
Composition

Financial

HOA Fee
$677
HOA Frequency
Monthly
Net Operating Income
$60,930
Tax Year
2025
Taxes
$7,870

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Property Summary

    Located in the Panther Lake subdivision, 23 S 342nd Place Federal Way WA is a Multi Family for sale in Federal Way, WA, 98003. It is listed for $859,000 To schedule a showing of MLS#nwm2451216 at 23 S 342nd Place in Federal Way, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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Karrie Kelley

Karrie Kelley

Realtor®

Phone 425 218-4178

More About Karrie
Listing courtesy of Skyline Properties, Inc.

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 Jan-10-2026 1:40:08 am. © 2026 NWMLS.
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23 S 342nd Place
Federal Way, WA