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    • Listed by: Berkshire Hathaway HS NW • Kathleen Gendron
    Bought with: Berkshire Hathaway HS NW
    $955,000

    28625 S 16th Avenue, Federal Way, WA 98003

    8beds
    8baths
    3,920sqft
    Quadruplex, Multi Family
    Built in 1979
    -- sqft lot
    $934,500 Zestimate®
    $244/sqft
    $2,398 Estimated rent

    Home value

    $934,500

    $860,000 - $1.02M

    $2,398/mo

    Zestimate® history
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    $2,398/mo

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    $6,446/mo

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    What's special

    Modern flooringUpdated lightingNewer appliancesPrivate patiosRefreshed kitchens
    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.

    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#: 2418356MLS Logo

    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 Square Feet
    • 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
    • Architectural style: 4-Plex
    • Property subtype: Quadruplex, 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 & HOA

    Community
    • Subdivision: Federal Way
    HOA
    • HOA fee: $600 annually
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $244/sqft
    • Tax assessed value: $1,083,000
    • Annual tax amount: $1,429
    • Date on market: 11/19/2025
    • Cumulative days on market: 245 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    11/14/2025Sold$955,000+0.5%$244/sqft
    Source: NWMLS as distributed by MLS GRID #2418356 Report a problem
    10/15/2025Pending sale$950,000$242/sqft
    Source: NWMLS as distributed by MLS GRID #2418356 Report a problem
    10/10/2025Listed for sale$950,000$242/sqft
    Source: NWMLS as distributed by MLS GRID #2418356 Report a problem
    9/7/2025Pending sale$950,000$242/sqft
    Source: NWMLS as distributed by MLS GRID #2418356 Report a problem
    8/18/2025Listed for sale$950,000+128.9%$242/sqft
    Source: NWMLS as distributed by MLS GRID #2418356 Report a problem
    3/5/2015Sold$415,000-2.4%$106/sqft
    Source: NWMLS as distributed by MLS GRID #730002 Report a problem
    2/12/2015Pending sale$425,000$108/sqft
    Source: John L Scott Real Estate #730002 Report a problem
    2/4/2015Listed for sale$425,000$108/sqft
    Source: John L Scott Real Estate #730002 Report a problem
    1/31/2015Pending sale$425,000$108/sqft
    Source: John L Scott Real Estate #730002 Report a problem
    1/21/2015Listed for sale$425,000+49.1%$108/sqft
    Source: John L Scott Real Estate #730002 Report a problem
    8/20/1996Sold$285,000$73/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

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    Estimated market value
    $934,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $934,500

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