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23 S 342nd Place

Federal Way, WA 98003
  • $859,000
  • STATUS: Active
  • ID#: 2451216
Price Reduced
$859,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,712
    SQFT
  • $317
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Skyline Properties, Inc..
Mortgage Calculator is provided by BoomTown.

Description

Turnkey 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. New roof in 2024, New siding in 2024, new exterior and interior paint in 2024. 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 cash flowing property.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Leavenworth Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-11T00:15:15.213. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-11T00:15:15.213. 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.
www.livingleavenworth.com/homes/169436698
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23 S 342nd Place Federal Way, WA 98003

  • Price: $859,000
  • Status: Active
  • On Site: Days
  • ID#: 2451216
0
Beds
0
Baths
0
½ Baths
0.3
Acres
2,712
SQFT
$317
$/SQFT
1979
Built
Neighborhood:
Panther Lake
County:
King
Area:
110 - Dash Point/Federal Way
School District:
Federal Way
Property Description
Turnkey 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. New roof in 2024, New siding in 2024, new exterior and interior paint in 2024. 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 cash flowing property.
Exterior Features

Carport Spaces 4 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Adjacent to Public LandCul-De-SacCurbsDead End StreetPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 4 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View Territorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 2712 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring VinylCarpet Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Playground Association Fee 677 Association Fee Frequency Monthly Association YN Yes Energy Source Electric First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalFHAVA Loan Net Operating Income 60930 New Construction YN No Possession Closing Possible Use Multi-Family Power Company Puget Sound Energy Power Production Type Electric Property Condition Good Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company Lakehaven Site Features Athletic CourtCable TVDeckHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 7870 Tax Year 2025 Units In Building Total 4 Water Company Lakehaven Water Source Public Zoning Description Multi-Family Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Leavenworth Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-11T00:15:15.213. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-11T00:15:15.213. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2451216-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2451216-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2451216-1.jpg
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Berkshire Hathaway HomeServices Leavenworth Properties
305 US Highway 2
Leavenworth WA, 98826
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Skyline Properties, Inc..
Mortgage Calculator is provided by BoomTown.