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Listing Firm: Compass Washington: Michael J. Rankin Jr

Bought With: John L. Scott, Inc. : Nancy Zhang

SOLD On July 31, 2020
NWMLS # 1578737

$663,000

  • Sold Price
  • - Beds
  • - Baths
  • 3600 Sq.ft.

143 S 340 Street , Federal Way, WA 98003

Listings with the three tree icon are courtesy of NWMLS

About This Property

Rare opportunity to own a very profitable investment! This turn key 4-plex is ready to go. Excellent cap rate, high rents, and very low maintenance. All the hard work has been done. The property has been meticulously maintained including updates in just about every unit. New windows, tile roof, new exterior paint, wood burning fireplaces in every unit, clean, and very spacious layouts. Amazing location between Tacoma & Seattle, close to schools, recreation, and freeways. So much to offer here.

Buyer's Agent: Nancy Zhang • John L. Scott, Inc.

Listed by: Michael J. Rankin Jr • Compass Washington

Aris360 Last Checked: Just Now (Jun 07, 2025 03:55 PM)

  • Source: NWMLS as Distributed by MLS Grid #1578737

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 340
  • Zip/Postal Code: 98003
  • City: Federal Way

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$3,847 per month
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Property Features

  • County
    • Federal Way
  • Community
    • _110DashPointFeder
  • MLS Area
    • _110DashPointFeder
  • Longitude
    • -122.332598
  • Latitude
    • 47.296753
  • Directions
    • West on 320th turn south (L) on 1st Ave S, turns into 1st Way S, Turn West (R) on 340th. Take 2nd entry on left and drive to end of cul-de-sac. Unit 17 on right.

  • Interior
    • Wall to Wall Carpet
    • Laminate Hardwood
  • Floors
    • Laminate
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 6
  • Lot Description
    • Cul-De-Sac,
    • Dead End Street,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Deck,High Speed Internet
  • Roof
    • Tile,
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Very Good,
  • Water
    • Lakehaven
  • Building Total Area (Sq. Ft.)
    • 9925
  • Has View
    • Yes
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Sewer Connected,
    • Electric,
  • View Description
    • Territorial,

  • High School District
    • Federal Way

  • Possession
    • Closing,
  • Association Fee
    • 324
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2019
  • Structure Type
    • Condominium,
  • Tax Amount
    • $6382
  • Year Built
    • 1977
  • Effective Year Built
    • 1977
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 07 2025 . 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.

Jun 07, 2025 03:55 PM