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.
Sold
Listed by: Skyline Properties, Inc. • Irwan Ngadisastra
Bought with: Dove Realty, Inc.
$830,000
115 S 339th Circle, Federal Way, WA 98003
8beds
4baths
3,056sqft
Quadruplex, Multi Family
Built in 1979
-- sqft lot
$819,700 Zestimate®
$272/sqft
$1,822 Estimated rent
Home value
$819,700
$754,000 - $885,000
$1,822/mo
Zestimate® history
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In-unit washer and dryerCommunity-maintained groundsNewer exterior paint
Zillow last checked:
Listing updated:
Listed by:
Irwan Ngadisastra,
Skyline Properties, Inc.
Bought with:
Venh Gieng, 129508
Dove Realty, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2435784
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Radiant, Electric
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,056
- Total interior livable area: 3,056 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 2
Lot
- Size: 9,613 Square Feet
- Features: Paved, Athletic Court, Deck, Patio
Details
- Parcel number: 1322020090
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1979
- Major remodel year: 2005
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Subdivision: Panther Lake
HOA
- HOA fee: $678 monthly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $821,000
- Annual tax amount: $8,455
- Date on market: 12/7/2025
- Cumulative days on market: 227 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Sold | $830,000-5.1%$272/sqft |
Source:  NWMLS as distributed by MLS GRID #2435784 Report a problem | ||
| 3/10/2026 | Pending sale | $875,000$286/sqft |
Source: NWMLS as distributed by MLS GRID #2435784 Report a problem | ||
| 2/5/2026 | Price change | $875,000-2.7%$286/sqft |
Source: NWMLS as distributed by MLS GRID #2435784 Report a problem | ||
| 11/6/2025 | Price change | $899,000-2.8%$294/sqft |
Source: NWMLS as distributed by MLS GRID #2435784 Report a problem | ||
| 10/20/2025 | Price change | $925,000-2.5%$303/sqft |
Source: NWMLS as distributed by MLS GRID #2435784 Report a problem | ||
| 9/23/2025 | Listed for sale | $949,000+34.6%$311/sqft |
Source: NWMLS as distributed by MLS GRID #2435784 Report a problem | ||
| 11/6/2020 | Sold | $705,000+4.4%$231/sqft |
Source: NWMLS as distributed by MLS GRID #1667330 Report a problem | ||
| 10/1/2020 | Pending sale | $675,000$221/sqft |
Source: RE/MAX Northwest Realtors #1667330 Report a problem | ||
| 9/23/2020 | Listed for sale | $675,000+26.2%$221/sqft |
Source: RE/MAX Northwest Realtors #1667330 Report a problem | ||
| 12/19/2017 | Sold | $535,000+59.7%$175/sqft |
Source: Public Record Report a problem | ||
| 9/4/2015 | Sold | $335,000$110/sqft |
Source: NWMLS as distributed by MLS GRID #821849 Report a problem | ||
| 7/23/2015 | Pending sale | $335,000$110/sqft |
Source: RE/MAX WHATCOM COUNTY, INC. #821849 Report a problem | ||
| 7/21/2015 | Listed for sale | $335,000$110/sqft |
Source: RE/MAX WHATCOM COUNTY, INC. #821849 Report a problem | ||
| 5/6/2015 | Listing removed | $335,000$110/sqft |
Source: RE/MAX Whatcom County #779401 Report a problem | ||
| 5/1/2015 | Listed for sale | $335,000+1.8%$110/sqft |
Source: RE/MAX WHATCOM COUNTY, INC. #779401 Report a problem | ||
| 10/29/2011 | Listing removed | $329,000$108/sqft |
Source: RE/MAX WHATCOM COUNTY, INC. #269798 Report a problem | ||
| 9/2/2011 | Listed for sale | $329,000$108/sqft |
Source: RE/MAX Whatcom County #269798 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,114 +7.8% | $821,000 +3.9% |
| 2024 | $8,455 +4.1% | $790,000 +5.9% |
| 2023 | $8,118 +0.6% | $746,000 -9.8% |
| 2022 | $8,072 -1.5% | $827,000 +13.3% |
| 2021 | $8,198 -1.1% | $730,000 +5.2% |
| 2020 | $8,291 +15.6% | $694,000 +14.7% |
| 2019 | $7,169 +17.4% | $605,000 +13.5% |
| 2018 | $6,105 -3.7% | $533,000 +19.2% |
| 2017 | $6,337 +24.3% | $447,000 +9% |
| 2016 | $5,097 | $410,000 +3.3% |
| 2015 | $5,097 | $397,000 +12.8% |
| 2014 | $5,097 | $352,000 -5.9% |
| 2013 | $5,097 | $374,000 +9% |
| 2012 | -- | $343,000 |
| 2011 | -- | $343,000 -8.3% |
| 2010 | -- | $374,000 |
| 2009 | -- | $374,000 +15.1% |
| 2007 | -- | $325,000 +45.7% |
| 2006 | -- | $223,000 |
| 2005 | -- | $223,000 +13.8% |
| 2001 | $2,626 -5.4% | $196,000 -2% |
| 2000 | $2,776 | $200,000 |
Find assessor info on the county website
Neighborhood: West Campus
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Nearby schools
GreatSchools rating
- 2/10Panther Lake Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 1.5 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Panther Lake Elem
- Middle: Illahee Jnr High
- High: Todd Beamer High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$819,700
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Estimated market value
$819,700
- Washington
- King County
- Federal Way
- 98003
- West Campus
- 115 S 339th Circle
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