30853 14th Avenue S, Federal Way, WA 98003 (MLS # 2324874)

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Listing provided courtesy of Northwest MLS; Windermere Real Estate Co.

PRICE $2,995,000
BEDS 0
BATHS 0
HOME SIZE 9,612 sqft
LOT SIZE 31,050 sqft

Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and will be close to the future Federal Way light rail stop. Groceries, restaurants, transit, and entertainment are all just blocks away. This well maintained building got a new roof in 2022 and is a smart investment with room to improve cash flow and equity. On site laundry, ample private parking, and private entry make this a property you can be proud to add to your portfolio. Assumable financing may be available for qualified buyers.

DAYS ON MARKET 1 LAST UPDATED 1/21/2025
TRACT Federal Way YEAR BUILT 1958
COMMUNITY Federal Way COUNTY King
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 110 - Dash Point/Federal Way
CONSTRUCTION Brick
HEAT Baseboard, Electric
LOT 0.7128 acre(s)
LOT DESCRIPTION Curbs, Open Space, Paved, Sidewalk
STORIES 2
STYLE 56 - 10+ Units
SUBDIVISION Federal Way
TAXES 27350.76
UTILITIES Sewer Connected

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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 1/21/25 11:44 PM PST. 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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