23 S 338th Place, Federal Way, WA 98003 (MLS # 2397419)

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Listing provided courtesy of Northwest MLS; Windermere RE West Campus Inc

PRICE $1,044,995 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 3,904 sqft
LOT SIZE 12,276 sqft

Excellent investment opportunity! This spacious 4-plex offers 3,904 rentable sq ft and strong income potential. Each unit is 2 bedroom, 1.5 baths and 3 units have been updated with fresh paint and carpet. Units provide comfortable living space, making it ideal for both long-term tenants and short-term rentals. Located in a desirable area with easy access to amenities, transit and schools. This property is perfect for savvy investors looking to grow their portfolio. Don't miss your chance to own a high-demand multi-unit in a prime location just minutes from new Sound Transit light rail and all the services you can imagine.

LAST UPDATED 7/31/2025 NEIGHBORHOOD Federal Way
YEAR BUILT 1979 COMMUNITY Federal Way
COUNTY King STATUS Pending Inspection
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Panther Lake Elem
Jr. High School Illahee Jnr High
High School Todd Beamer High

PRICE HISTORY
Prior to Jul 11, '25 $1,064,995
Jul 11, '25 - Today $1,044,995


ADDITIONAL DETAILS
AIR None
AREA 110 - Dash Point/Federal Way
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
HOA DUES 677.8
LOT 0.2818 acre(s)
LOT DESCRIPTION Curbs, Dead End Street, Paved, Sidewalk
MLS STATUS Pending Inspection
STORIES 2
STYLE 54 - 4-Plex
SUBDIVISION Federal Way
TAXES 9482
UTILITIES Cable Available, Sewer Connected
WATER Public
ZONING Multi-Family
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/15/25 8:00 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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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