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115 S 339th Circle

Federal Way, WA 98003
  • $899,000
  • STATUS: Active
  • MLS #: 2435784
Price Reduced
UPDATED: 64 min ago
$899,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,056
    SQFT
  • $294
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Skyline Properties, Inc..
Mortgage Calculator is provided by BoomTown.

Description

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.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-07T16:16:08.89. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-07T16:16:08.89. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.communityrealestategroup.com/homes/168166257
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115 S 339th Circle Federal Way, WA 98003

  • Price: $899,000
  • Status: Active
  • On Site: Days
  • Updated: 64 min ago
  • MLS #: 2435784
0
Beds
0
Baths
0
½ Baths
0.22
Acres
3,056
SQFT
$294
$/SQFT
1979
Built
Neighborhood:
Panther Lake
County:
King
Area:
110 - Dash Point/Federal Way
Elementary School:
Panther Lake Elem
Middle School:
Illahee Jnr High
High School:
Todd Beamer High
School District:
Federal Way
Property Description
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.
Exterior Features

Carport Spaces 4 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features Paved Open Parking Spaces 2 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 2 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 3056 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring VinylVinyl PlankCarpet Heating Radiant Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Playground Association Fee 678 Association Fee Frequency Monthly Association YN Yes Building Name Panther Lake Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 42261 New Construction YN No Possession See RemarksSubject to Tenant Rights Possible Use Multi-Family Power Company Puget Sound Energy Power Production Type Electric Property Condition Good Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company Lakehaven Site Features Athletic CourtDeckPatio Special Listing Conditions None Tax Annual Amount 8455 Tax Year 2025 Units In Building Total 4 Water Company Lakehaven Water Source Public Year Built Effective 2005 Zoning Description Multi-Family Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-07T16:16:08.89. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-07T16:16:08.89. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Skyline Properties, Inc..
Mortgage Calculator is provided by BoomTown.