Bought with: Dove Realty, Inc.
$830,000
$875,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,056 SqFt
SOLD DATE : 04/23/2026
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,056 sqft
Price per Sqft $271
Subdivision Panther Lake
MLS Listing ID 2435784
Sold Date 04/23/26
Style 54 - 4-Plex
Bedrooms 8
HOA Fees $678/mo
Year Built 1979
Annual Tax Amount $8,455
Lot Size 9,614 Sqft
Property Sub-Type Multi Family
Property Description
A perfect opportunity for first-time or hands-off investors! This 100% turnkey 4-plex is located in the sought-after Panther Lake area, where the community boasts a vacancy rate under 2% and is professionally managed with community-maintained grounds.Each of the four units features 2 bedrooms / 1 bathroom, fireplace, in-unit washer and dryer. 4 carport parking plus additional visitor parking. Newer exterior paint (2024). Tenants reimburse for utilities. Professional property management is in place at just 5%, making this a true hands-free investment. Don't miss this rare chance to own a low-maintenance, income-producing property in a thriving rental market.
Location
State WA
County King
Area 110 - Dash Point/Federal Way
Interior
Flooring Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Athletic Court, Deck, Patio
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Panther Lake Elem
Middle Schools Illahee Jnr High
High Schools Todd Beamer High
School District Federal Way
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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