$869,000
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23 342Nd Place, Federal Way, WA 98003

- Beds
0 Baths
2,712 Sq Ft

Turnkey 4-Plex Investment in a great community. Features 4 occupied spacious units w/functional layouts. 2 units w/2 beds, 1 full bath and 2 units w/1 bed, 1 full bath with a loft and vaulted ceilings - highly desirable units. All units have a cozy FP, in-unit W/D, balcony or deck. Dedicated covered parking spots for each unit + visitor parking and the building exterior has been painted recently. Prime location close to schools, library, shopping, restaurants, hospital, Panther Lake Park, Celebration Park, West Hylebos State Park, Redondo beach, Costco & Winco. Community sports courts, play areas and amenities. Easy access to I-5, Hwy 99, Hwy 18 and upcoming light rail for commuters. Great property for owner occupied to finance easy.

  • MLS# 2451216
  • Date Listed10/30/2025
  • Days on Realty 20 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.3 acres (12,915 sq. ft)
  • Subdivision Panther Lake
  • Property Type Multi Family
  • County King
  • Year Built 1979
  • Water Public
  • Square Feet 2,712 sq. ft
  • Price Per Sq. Ft $320.43

Interior Features

  • Flooring Vinyl, Carpet
  • Cooling None
  • Heating Electric, Baseboard

Exterior / Lot Features

  • Roof Composition
  • Lot Size Acres 0.30
  • Lot Size SQFT 12,915.00
  • Lot Features Cul- De- Sac, Paved

Financial Considerations

  • HOA Fee $677 Monthly
  • Tax Amount $7,870
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in WA / 98003

Source: Walkscore

50/100

Somewhat Walkable

Walk Score ®

34/100

Some Transit

Transit Score ®

36/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

6 nearby routes: 6 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 17/100, Bike Score: 32/100.

Property Change History

Property description updated with new details

Points of Interest near 23 342nd Place, Federal Way, WA 98003

Frequently Asked Questions for 23 342nd Place

Source: Realty.com

23 342nd Place, Federal Way, WA 98003 is a Multi Family, Residential Income property listed for $869,000 The property is 2712 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 4 photos of 23 342nd Place.

Our records indicate that 23 342nd Place was built in 1979.

The full address for this home is 23 342nd Place, Federal Way, WA 98003.

23 342nd Place has been listed on Realty.com since Thu October 30, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 17/100, Bike Score: 32/100.

Listing provided courtesy of: Skyline Properties, Inc. (tel: 425-455-2065)
Listing agent: Michael Fladseth (#75939)

This content last refreshed on 2025-11-19 08:53:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 23 342nd Place, Federal Way, WA 98003 : MLS# 2451216