Courtesy: eXp Realty
888-421-2531
Sheila Newberry
Excellent investment or owner-occupant opportunity! This townhome-style duplex features side-by-side units, each offering 3 bedrooms and 2 bathrooms. Interiors boast updated kitchens and modern flooring, along with the convenience of in-unit washer and dryer. Each unit enjoys a fully fenced backyard with a private patio, small flat usable yard, and additional storage—ideal for comfortable everyday living. The location is a standout feature, with easy access to major freeways including I-5 and Hwy 167, and close proximity to the new Light Rail, making commuting to Seattle or Tacoma simple and efficient. Situated near shopping, restaurants, and parks, this property offers strong rental appeal and long-term value. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this centrally located duplex checks all the boxes. Please allow 24 hour notice for viewings- one unit will be vacant starting March 1st for easy access.
Courtesy: 360 Pacific
888-782-3608
Ton Nguyen
This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy access to I-5, Hwy 99, and Hwy 18.
Courtesy: Windermere Real Estate Co.
206-324-0000
Shavic Jones
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 close to the 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.
Courtesy: Skyline Properties, Inc.
206-522-3400
Irwan Ngadisastra
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.
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Federal Way is located in Washington. Federal Way, Washington has a population of 99,792. Federal Way is less family-centric than the surrounding county with 31.09% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Federal Way, Washington is $72,969. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Federal Way is 37 years.
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 36.6 degrees. The average rainfall is approximately 40.6 inches per year, with 5 inches of snow per year.
