For Sale
Multi family home for sale at 34025 1st Place S, Federal Way, WA 98003 | MLS# NWM2535696 | Listing updated on 2026-09-21
Photo 1 of Multi family home for sale at 34025 1st Place S, Federal Way, WA 98003 | MLS# NWM2535696 | Listing updated on 2026-09-21
Photo 2 of Multi family home for sale at 34025 1st Place S, Federal Way, WA 98003 | MLS# NWM2535696 | Listing updated on 2026-09-21
Photo 3 of Multi family home for sale at 34025 1st Place S, Federal Way, WA 98003 | MLS# NWM2535696 | Listing updated on 2026-09-21
Photo 4 of Multi family home for sale at 34025 1st Place S, Federal Way, WA 98003 | MLS# NWM2535696 | Listing updated on 2026-09-21
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Listed by: Sonny Kwan (206) 819-8228 | Skyline Properties, Inc. (206) 522-3400

$799,000

Monthly Est:$3,977

  • Beds Icon4 Beds
  • Beds Icon
    4 Baths
  • Beds Icon--sqft

34025 1st Place S, Federal Way, WA 98003

$3,977/moEst:

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  • Multi Family

  • Built in 1979

  • $678/mo HOA

  • 10,278 sqft lot

  • --/sqft

Description

Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance. MLS 2501184 is also listed next door to make it a great assemblage portfolio.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 21, 2026 at 4:31 pm
  • Source: Northwest Multiple Listing Service | MLS#: NWM2535696 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    King County

  • City

    Federal Way

  • Neighborhood

    --

  • Year Built

    1979

  • HOA Fees

    $678/mo

  • Finished Area

    - sqft

  • Lot Size

    10,278 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2535696

  • MLS Status

    Active

  • Days on Market

    114

  • Cumulative Days on Market

    114

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Location

HOA Management

N/A

HOA Fees

$677.8/ Monthly

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 4

Interior

  • Flooring

    Vinyl Plank, Carpet

  • Exterior Features

    Wood

  • Sewer

    Sewer Connected

  • Heating

    Baseboard

  • Cooling

    None

Construction

  • Year Built

    Year Built: 1979

  • Home type

    Multi Family

  • Roof

    Composition

  • Property Condition

    Good

  • Foundation Details

    Slab

  • Construction Materials

    Wood

Utilities & Energy

  • Water Source

    Public

Other Features

  • Lot Features

    Curbs, Paved, Sidewalk

  • Subdivision Name

    Panther Lake

Price History

DateEventPrice

06/09/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2535696

Price Increased

$825,000 +3.25%

$0/sqft

06/09/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2535696

Listed for Sale

$799,000

$0/sqft

Nearby Homes

Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.


IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.

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