Sorry, Aris 360 isn’t in this area yet.

We are expanding to new markets each month. Check back soon for new listings!

Join us for exciting listings and expert advice. We're here to make your real estate dream a reality.

Listing Firm: eXp Realty: Cory Thompson

Bought With: eXp Realty : Richard Rolle

SOLD On February 2, 2021
NWMLS # 1710617

$669,500

  • Sold Price
  • - Beds
  • - Baths
  • 2784 Sq.ft.

34025 S 1st Place , Federal Way, WA 98003

Listings with the three tree icon are courtesy of NWMLS

About This Property

Great Investment opportunity! Rents have not been raised in over 1 year due to Covid-19 and all tenants are 100% current on rent payments. Rents are 20% under market. Roof replaced last year and 3 units updated in past 5 years. Windows upgraded to double-pane. HOA pays insurance. Owner pays for NO utilities. Great neighborhood, conveniently located near I-5, Schools, Shopping, Restaurants and Parks. Professional management company takes care of maintenance, leasing, books and rent collection. Perfect for out of area or even out-of-state investors looking to be hands off. Upper units have large private decks. Turn Key! Seller is a licensed agent.

Buyer's Agent: Richard Rolle • eXp Realty

Listed by: Cory Thompson • eXp Realty

Aris360 Last Checked: 2 Minutes Ago (Jun 07, 2025 10:51 PM)

  • Source: NWMLS as Distributed by MLS Grid #1710617

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 1st
  • Zip/Postal Code: 98003
  • City: Federal Way

Payment Calculator

$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

Down Payment

Down Payment
Are you a veteran?
Have a home sell?

Home Price

Find out the main costs involved in a home purchase in our Home Buying Guide.

Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

Loan Term
Property Tax Rate
HOA Dues
PMI
  • Takes about 3 minutes
  • Won't affect your credit score
Get pre-qualified

Property Features

  • County
    • West Campus
  • Community
    • _110DashPointFeder
  • MLS Area
    • _110DashPointFeder
  • Longitude
    • -122.334738
  • Latitude
    • 47.29644
  • Project
    • Panther Lake
  • Directions
    • Take I-5 to WA-18 in Federal Way. Take exit 142B to merge onto WA-18 W toward S 348th St. Turn right on 1st Ave S. Turn left on 1st Place South. Management office is 1st building on left.

  • Interior
    • Wall to Wall Carpet
    • Laminate
  • Floors
    • Laminate
    • Carpet
  • Power Production Type
    • Electric
    • Natural Gas
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 6
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Deck,Patio,Sprinkler System
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Water
    • Lakehaven
  • Building Total Area (Sq. Ft.)
    • 10278
  • Has View
    • Yes
  • Utilities
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,
  • View Description
    • Territorial,

  • High School District
    • Federal Way
  • Jr. High School
    • Illahee Jnr High
  • Elementary School
    • Panther Lake Elem
  • High School
    • Todd Beamer High

  • Possession
    • Closing,
  • Association Fee
    • 8133
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2019
  • Structure Type
    • Condominium,
  • Tax Amount
    • $5305
  • Year Built
    • 1979
  • Effective Year Built
    • 2000
  • Status
    • Sold
  • Project
    • Panther Lake

Recently Listed Properties In Federal Way, 98003

Sold
Sold — New Owner Found!

$ 745,745

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 2070 sq. ft
Sold
Sold — New Owner Found!

$ 775,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 2020 sq. ft
Sold
Sold — New Owner Found!

$ 695,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 2270 sq. ft
Sold
Sold — New Owner Found!

$ 280,000

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 805 sq. ft

Similar Properties In Federal Way, 98003

Sold
Sold — New Owner Found!

$ 350,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1130 sq. ft
Sold
Sold — New Owner Found!

$ 399,000

  • Property Category:
  • Townhouse

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1468 sq. ft
Sold
Sold — New Owner Found!

$ 524,950

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1140 sq. ft
Sold
Sold — New Owner Found!

$ 210,000

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 1 Beds
  • 1 Baths
  • 623 sq. ft

Recently Viewed Properties In Federal Way, 98003

Sold
Sold — New Owner Found!

$ 745,745

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 2070 sq. ft
Sold
Sold — New Owner Found!

$ 775,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 2020 sq. ft
Sold
Sold — New Owner Found!

$ 695,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 2270 sq. ft
Sold
Sold — New Owner Found!

$ 587,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1550 sq. ft

Listing provided by NWMLS

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 10:51 PM