Listing provided courtesy of John L. Scott, Inc. Bought with Targa Real Estate Services Inc.
Off market mar 2009 for $400K
—
Est. refi paymentEst. refi$2,502/mo
Studio
•
— ba
•
2,784
sq ft
175 S 340th St, Federal Way, WA 98003
About this home
Great Investment Opportunity - Federal Way Fourplex. This deluxe fourplex in Federal Way is an excellent hands off investment property on an established and quiet neighborhood of Panther lake with professioanl onsite management. Always rented with tremendous upside potential. Close to school, shopping & easy freeway access. Look no further! Don't wait! Call now!
Multi-familyProperty Type
1977Year Built
9,638 sq ftLot Size
$144Price/Sq.Ft.
6 spacesParking
Listed by • John L. Scott, Inc.
Bought with Justin Smith• Targa Real Estate Services Inc
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
9,638 Sq. Ft.
Year renovated
2005
Sq. Ft.
2,784
Year built
1977
Style
Multi-Family (2-4 Unit)
County
King County
APN
132201 0050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 4, 2026.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 2
Open Parking Spaces: 2
Carport Spaces: 4
Has Open Parking
Interior
Heating & Cooling
Has Heating
Has Cooling
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $1,023
Other Expense: $3,657
Net Operating Income: $20,681
Gross Adjusted Income: 31017
Gross Scheduled Income: $31,020
Total Monthly Income: 2585
Gross Rent Multiplier: 14
Total Expenses: 10336
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
# of Units (Total): 4
Exterior
Building Information
Roof: Tile
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Has View
Land Information
Possible Use: Multi-Family
Lot Information
Lot Number: 5
Site Features: Cable TV
Zoning Jurisdiction: City
Lot Features: Cul-De-Sac, Curbs
Lot Size Units: Square Feet
Lot Size Acres: 0.2213
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $3,565
Tax Year: 2008
Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: Lakehaven Utility
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: Lakehaven Utility
Utilities: Cable Connected, Sewer Connected, Electric
Water Sewer Garbage: 2091
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Federal Way
Location Information
Directions: Fr I-5 take exit 143 (S 320th St) in Federal Way head West, Left on Pacific Hwy S, Right on 336th St., Left on 1st Way S, Right on S 340th St.
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,784
Stories: 2.0
Lot Size: 9,638 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1977
Year Renovated: 2005
County: King County
APN: 132201 0050
Home facts updated by county records on Sep 4, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Wednesday, July 16, 2008
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2784
Building Area Total: 2784
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Campus View
Structure Type: Quadruplex
Stories Total: 2
Around this home
Schools
Panther Lake Elementary School
Public PreK-5 • Assigned • 0.2mi
2/10
Illahee Middle School
Public 5-8 • Assigned • 1.3mi
4/10
Todd Beamer High School
Public 9-12 • Assigned • 1.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Federal Way buyers should compare lot sizes, views, and shopping access in Twin Lakes, Marine Hills, and Dash Point. Sellers should highlight their home’s strengths and price against nearby comparable sales. Explore Dash Point State Park and Dumas...
Situated right along the Puget Sound, Federal Way is best known for its blend of natural beauty, fun attractions, and rich local culture! Locals love it for its vibrant dining scene and convenient location right between Seattle and Tacoma!