Fantastic 4-Plex Investment Opportunity! This well-maintained 4-plex offers four spacious units, each featuring 2 bedrooms and 1.75 baths. Two units include private patios while the other two enjoy a deck overlooking the wooded backyard, providing both privacy and charm. Recent updates throughout include refreshed kitchens, modern flooring, updated lighting, and newer appliances—creating inviting, move-in-ready spaces for tenants. The property is ideally located near major freeways and shopping, ensuring easy commutes and everyday convenience. With a blend of updates and a serene setting, this 4-plex is a rare find for both investors and owner-occupants alike. Build your real estate portfolio here.
Sold
Listed by: Berkshire Hathaway HS NW
Bought with: Berkshire Hathaway HS NW
$955,000
28625 S 16th Avenue, Federal Way, WA 98003
8beds
8baths
3,920sqft
Multi Family
Built in 1979
-- sqft lot
$931,300 Zestimate®
$244/sqft
$2,074 Estimated rent
Home value
$931,300
$857,000 - $1.02M
$2,074/mo
Zestimate® history
Owner options
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$2,074/mo
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$2,074/mo
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$6,349/mo
Est. payment
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$6,349/mo
Est. payment
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List your homeWhat's special
Modern flooringUpdated lightingNewer appliancesPrivate patiosRefreshed kitchens
Zillow last checked:
Listing updated:
Listed by:
Kathleen Gendron,
Berkshire Hathaway HS NW
Bought with:
John Boukalis, 138604
Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID,MLS#: 2418356
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,920
- Total interior livable area: 3,920 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Lot
- Size: 10,010 sqft
- Features: Dead End Street, Paved, Cable TV, Deck, High Speed Internet, Patio
Details
- Parcel number: 7876800020
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1979
- Major remodel year: 1996
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Federal Way
HOA & financial
HOA
- HOA fee: $600 annually
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 128 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $955,000+0.5%$244/sqft |
Source:  NWMLS as distributed by MLS GRID #2418356 Report a problem | ||
| 10/15/2025 | Pending sale | $950,000$242/sqft |
Source: NWMLS as distributed by MLS GRID #2418356 Report a problem | ||
| 10/10/2025 | Listed for sale | $950,000$242/sqft |
Source: NWMLS as distributed by MLS GRID #2418356 Report a problem | ||
| 9/7/2025 | Pending sale | $950,000$242/sqft |
Source: NWMLS as distributed by MLS GRID #2418356 Report a problem | ||
| 8/18/2025 | Listed for sale | $950,000+128.9%$242/sqft |
Source: NWMLS as distributed by MLS GRID #2418356 Report a problem | ||
| 3/5/2015 | Sold | $415,000-2.4%$106/sqft |
Source: NWMLS as distributed by MLS GRID #730002 Report a problem | ||
| 2/12/2015 | Pending sale | $425,000$108/sqft |
Source: John L Scott Real Estate #730002 Report a problem | ||
| 2/4/2015 | Listed for sale | $425,000$108/sqft |
Source: John L Scott Real Estate #730002 Report a problem | ||
| 1/31/2015 | Pending sale | $425,000$108/sqft |
Source: John L Scott Real Estate #730002 Report a problem | ||
| 1/21/2015 | Listed for sale | $425,000+49.1%$108/sqft |
Source: John L Scott Real Estate #730002 Report a problem | ||
| 8/20/1996 | Sold | $285,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,527 +6.9% | $123,300 +65.1% |
| 2024 | $1,429 -74% | $74,700 -84.7% |
| 2023 | $5,496 +18.1% | $489,000 +6.7% |
| 2022 | $4,654 +13.7% | $458,200 +38.1% |
| 2019 | $4,094 +27.8% | $331,700 +25.1% |
| 2018 | $3,203 -44.4% | $265,200 +17.2% |
| 2015 | $5,764 | $226,200 -42.3% |
| 2014 | $5,764 | $392,000 -8% |
| 2013 | $5,764 | $426,000 +13.6% |
| 2012 | -- | $375,000 |
| 2011 | -- | $375,000 -16.7% |
| 2010 | -- | $450,000 |
| 2009 | -- | $450,000 +18.4% |
| 2007 | -- | $380,000 +17.6% |
| 2006 | -- | $323,000 |
| 2005 | -- | $323,000 +30.2% |
| 2001 | $3,379 -4.4% | $248,000 -0.9% |
| 2000 | $3,535 | $250,300 |
Find assessor info on the county website
Neighborhood: Redondo
Nearby schools
GreatSchools rating
- 5/10Woodmont Elementary SchoolGrades: K-8Distance: 1.3 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 1.2 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 0.8 mi
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Estimated market value
$931,300
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
$931,300
- Washington
- King County
- Federal Way
- 98003
- Redondo
- 28625 S 16th Avenue
Nearby cities
Nearby neighborhoods
Nearby zip codes
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