Amazing investment opportunity with this 4-plex property in the Campus View community. This property features four spacious units, each with a great layout,offering 2 bedrooms,1 full bathroom, fireplace, in-unit washer and dryer, and either a balcony or deck. Units come with a dedicated covered parking spot, plus additional visitor parking. This property is maintained and professionally managed, with the management company handling all details w/owner input, providing hassle-free ownership. Centrally located, and close to shopping, dining, and local parks. Commuters will appreciate the close impropriety to I-5, HWY 99 and HWY 18. Great addition to your investment portfolio, or the start of one!
Sold
Listed by: John L. Scott Snohomish • Jennifer Rasar
Bought with: John L. Scott, Inc.
$930,000
181 S 340th Street, Federal Way, WA 98003
8beds
4baths
3,600sqft
Quadruplex, Multi Family
Built in 1977
-- sqft lot
$987,000 Zestimate®
$258/sqft
$2,116 Estimated rent
Home value
$987,000
$908,000 - $1.07M
$2,116/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Rasar,
John L. Scott Snohomish,
Nicole Blondin,
John L. Scott Snohomish
Bought with:
Yifan Zhang, 120822
John L. Scott, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2253028
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 2
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 9,787 Square Feet
- Features: Curbs, Dead End Street, Paved, Sidewalk, Deck, Patio
Details
- Parcel number: 1322010020
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Tile
Condition
- Good
- Year built: 1977
- Major remodel year: 2005
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Subdivision: Federal Way
HOA
- HOA fee: $375 monthly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $258/sqft
- Tax assessed value: $837,000
- Annual tax amount: $8,571
- Date on market: 9/6/2024
- Cumulative days on market: 684 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2024 | Sold | $930,000-6.5%$258/sqft |
Source:  NWMLS as distributed by MLS GRID #2253028 Report a problem | ||
| 10/16/2024 | Pending sale | $995,000$276/sqft |
Source: NWMLS as distributed by MLS GRID #2253028 Report a problem | ||
| 6/25/2024 | Listed for sale | $995,000$276/sqft |
Source: NWMLS as distributed by MLS GRID #2253028 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,483 +7.9% | $837,000 +3.8% |
| 2024 | $8,792 +3% | $806,000 +3.9% |
| 2023 | $8,534 -0.4% | $776,000 -10.8% |
| 2022 | $8,571 -8.1% | $870,000 +5.5% |
| 2021 | $9,323 -1.1% | $825,000 +5.1% |
| 2020 | $9,431 +23.9% | $785,000 +23.8% |
| 2019 | $7,609 +20.5% | $634,000 +16.8% |
| 2018 | $6,317 -6.9% | $543,000 +15% |
| 2017 | $6,782 +20.2% | $472,000 +10.3% |
| 2016 | $5,642 | $428,000 +2.4% |
| 2015 | $5,642 | $418,000 +8.9% |
| 2014 | $5,642 | $384,000 -0.3% |
| 2013 | $5,642 | $385,000 +4.9% |
| 2012 | -- | $367,000 |
| 2011 | -- | $367,000 -5.4% |
| 2010 | -- | $388,000 |
| 2009 | -- | $388,000 +9.3% |
| 2007 | -- | $355,000 +45.5% |
| 2006 | -- | $244,000 |
| 2005 | -- | $244,000 +21.4% |
| 2001 | $2,782 -5.4% | $201,000 -2% |
| 2000 | $2,939 | $205,000 |
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: 0.2 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 1.4 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$987,000
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
$987,000
- Washington
- King County
- Federal Way
- 98003
- West Campus
- 181 S 340th Street
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