Welcome to this charming 4-plex in the heart of Federal Way! Featuring (4) 2-bedroom, 1.5-bathroom units. Each 2 story unit offers a cozy, functional layout with plenty of storage throughout. Enjoy the convenience of in-unit laundry and a private patio. With recent updates including a new roof in 2021, these are at 100% occupancy. The building includes covered on-site parking for each tenant and is ideally located close to shopping, dining, and public transportation. Don't miss this opportunity to own a great investment property! Professionally managed and well maintained, this is a great property.
Sold
Listed by: CENTURY 21 North Homes Realty
Bought with: John L. Scott, Inc
$1,000,000
135 S 340th Street, Federal Way, WA 98003
--beds
--baths
4,096sqft
Multi Family
Built in 1977
-- sqft lot
$1,024,200 Zestimate®
$244/sqft
$2,185 Estimated rent
Home value
$1,024,200
$963,000 - $1.10M
$2,185/mo
Zestimate® history
Owner options
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$2,185/mo
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$9,858/mo
Est. payment
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$9,858/mo
Est. payment
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List your homeWhat's special
New roofClose to shoppingProfessionally managed
Zillow last checked:
Listing updated:
Listed by:
Lindsay Jackman,
CENTURY 21 North Homes Realty
Bought with:
Rob Condiotty, 72687
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2068504
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 4,096
- Total interior livable area: 4,096 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 9,700 sqft
- Features: Paved, Deck
Details
- Parcel number: 1322010210
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Good
- Year built: 1977
- Major remodel year: 2005
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Panther Lake
HOA & financial
HOA
- HOA fee: $3,899 annually
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 974 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2023 | Sold | $1,000,000$244/sqft |
Source:  NWMLS as distributed by MLS GRID #2068504 Report a problem | ||
| 6/30/2023 | Pending sale | $1,000,000$244/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2068504 Report a problem | ||
| 6/28/2023 | Listed for sale | $1,000,000$244/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2068504 Report a problem | ||
| 5/28/2023 | Pending sale | $1,000,000$244/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2068504 Report a problem | ||
| 5/25/2023 | Listed for sale | $1,000,000$244/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2068504 Report a problem | ||
| 5/18/2023 | Pending sale | $1,000,000$244/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2068504 Report a problem | ||
| 5/16/2023 | Listed for sale | $1,000,000+270.4%$244/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2068504 Report a problem | ||
| 3/5/2003 | Sold | $270,000+16.4%$66/sqft |
Source: Public Record Report a problem | ||
| 6/30/2000 | Sold | $232,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,310 +7.6% | $1,019,000 +3.9% |
| 2024 | $10,507 -7.3% | $981,000 -5.4% |
| 2023 | $11,336 +19.9% | $1,037,000 +8.1% |
| 2022 | $9,454 +0.1% | $959,000 +15.1% |
| 2021 | $9,444 +8.4% | $833,000 +15.5% |
| 2020 | $8,713 +16.1% | $721,000 +15.4% |
| 2019 | $7,504 +9.1% | $625,000 +5.4% |
| 2018 | $6,879 -5% | $593,000 +17.4% |
| 2017 | $7,242 +19.3% | $505,000 +5.9% |
| 2016 | $6,068 | $477,000 +3.5% |
| 2015 | $6,068 | $461,000 +11.4% |
| 2014 | $6,068 | $414,000 -6.5% |
| 2013 | $6,068 | $443,000 +11% |
| 2012 | -- | $399,000 |
| 2011 | -- | $399,000 -10.5% |
| 2010 | -- | $446,000 |
| 2009 | -- | $446,000 +15.8% |
| 2007 | -- | $385,000 +44.2% |
| 2006 | -- | $267,000 |
| 2005 | -- | $267,000 +26.5% |
| 2001 | $2,912 -5.3% | $211,000 -1.9% |
| 2000 | $3,074 | $215,000 |
Find assessor info on the county website
Neighborhood: West Campus
Nearby schools
GreatSchools rating
- 2/10Panther Lake Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 1.4 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.6 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
$1,024,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,024,200
- Washington
- King County
- Federal Way
- 98003
- West Campus
- 135 S 340th Street
Nearby cities
Nearby neighborhoods
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