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

MLS #NWM2451216 image #0MLS #NWM2451216 image #1MLS #NWM2451216 image #2MLS #NWM2451216 image #3
Listing Provided Courtesy of Skyline Properties, Inc.
Turnkey 4-Plex 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 and the building exterior has been painted recently. Prime location close to schools, library, shopping, restaurants, hospital, Panther Lake Park, Celebration Park, West Hylebos State Park, 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 property for owner occupied to finance easy.
Current real estate data for Multi Family in Federal Way as of Nov 07, 2025
4
Multi Family Listed
36
Avg DOM
286
Avg $ / SqFt
$1,028,250
Avg List Price

Property Details

Price:
$869,000
MLS #:
NWM2451216
Status:
Active
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 Way

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 $869,000 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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