21 S 338th Place, Federal Way, WA 98003


21 S 338th Place, Federal Way, WA 98003

Courtesy of: Sherry Sahlstrom | RE/MAX Eastside Brokers, Inc.
$990,000 Federal Way, WA 98003
  • 0.24 Acres
  • King County

Key Features

  • MLS ID: NWM1975775
  • Year Build: 1979
  • Status: Active
  • Property Type: Residential Income
  • Area: 110 - Dash Point/Feder
  • Exterior: ["Wood"]
  • Address: 21 S 338th Place , Federal Way, WA 98003
  • City: Federal Way
  • State: WA
  • Zip: 98003
  • County: King


Excellent investment opportunity in solid condition. Turnkey 4-plex in the Panther Lake complex with updated roof & double pane windows. Townhome style units with 2 beds/1.5 baths, kitchen, living room, washer/dryer, fireplace. Desirable greenbelt and park-like setting. Each of the 4 units has a yard, patio & second floor deck. All units are rented with room to increase rents to market value. Low historic vacancy rate. On site property mgmt in place for a 5% fee. HOA dues cover water, sewer, garbage, common area + exterior bldg maint. Covered parking per unit + add'l parking. Convenient access to new light rail coming soon. No sign, do not disturb tenants. Interior showing/insp with signed PSA. Community play area, sport court nearby.

Property Map

From I-5 South, exit at 142-B, go west on S 320th St. Left on 1st Ave S (turns into 1st Way S). Right on S 338th PL. Fourplex on Left. No keybox, no sign. Careful not to disturb tenants.

Contact Us

  • This field is for validation purposes and should be left unchanged.

Similar Properties

  • 5401 Fauntleroy Way SW, Seattle, WA 98136

    Seattle, WA 98136

    Great opportunity for developer, investor, or owner-user in quickly developing West Seattle neighborhood. Situated across from Fairmount Playground and Park, this duplex is p...

    • $1,350,000
    • 0.14 Acres
    • King County
    MLS# NWM1993695, Courtesy of NWMLS
    Listing Agent: J. Casey Losh
    Courtesy of: Ewing & Clark, Inc.
    Learn More »
  • 5542 S 119th Street, Seattle, WA 98178

    Seattle, WA 98178

    Great investment opportunity! 2 Duplex properties with 2 bedrooms & 1 bath in all 4 units. 2 adjacent parcels on a dead end street (must be sold together). All units have had...

    • $1,200,000
    • 0.45 Acres
    • King County
    MLS# NWM1991408, Courtesy of NWMLS
    Listing Agent: Rodolfo Hernandez Mc
    Courtesy of: Keller Williams Realty PS
    Learn More »