34005 1 St Circle S, Federal Way, WA 98003

$990,000
3,905
SqFt

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Listing courtesy of 360 Pacific.

List Price
$990,000
Status
ACTIVE
MLS#
2478223
Days on Market
166
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,905
Area Total SqFt
3905
Annual Tax Ammount
9599
Lot Size (sq ft)
10,449
Sewer
Sewer Connected

Property Description

This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy access to I-5, Hwy 99, and Hwy 18.

Additional Information

List Date
2026-02-10 18:58:12
Community
Federal Way
Net Operating Income
$42,088
Gross Adjusted Income
$63,060
Gross Scheduled Income
$57,000
Total Monthly Income
$5,255
Insurance Expenses
$2,832
Water/Sewer/Garbage Expenses
$8,541
Gross Rent Multiplier
17.36
Total Expenses
$20,972
Cap Rate
4.25
Total Number of Units
4
Unit Name
34005
Potential Terms
Cash, Conventional
Year Built
1979
View
Territorial
Roof
Composition
Energy Source
Electric
School District
Federal Way
Total Monthly Income
$5,255
Gross Scheduled Income
$57,000
Gross Adjusted Income
$63,060
Tax Year
2025
Insurance Expense
$2,832
W/S/G Expenses
$8,541
Total Expenses
$20,972
Net Operating Income
$42,088
Gross Rent Multiplier
17.36
Cap Rate
4.25
Based on information submitted to the MLS GRID as of . 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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Calculator source: Real Geeks