Federal Way Homes with 55 - 5-9 Units Style

Federal Way Homes with 55 - 5-9 Units Style

Federal Way is a vibrant city located in King County, Washington, in the United States. Known for its beautiful landscapes, diverse community, and convenient location, Federal Way offers a high quality of life to its residents.

Situated between Seattle and Tacoma, Federal Way provides easy access to both cities, making it an ideal choice for commuters. The city is also home to several major employers, including Weyerhaeuser, World Vision, and St. Francis Hospital, offering ample job opportunities for residents.

When it comes to housing, Federal Way offers a variety of options to suit different lifestyles and preferences. For those looking for smaller multi-unit properties, the city boasts an array of homes with 55 to 59 units. These properties provide a balance between affordability and space, making them attractive to both investors and individuals looking for rental opportunities.

The 55 to 59 unit style homes in Federal Way offer a range of amenities, such as parking spaces, common areas, and in some cases, recreational facilities. These properties are designed to provide a comfortable living experience while offering a sense of community.

With its picturesque surroundings, convenient location, and diverse housing options, Federal Way is a desirable place to call home. Whether you're looking to invest in multi-unit properties or find a cozy rental, Federal Way has something to offer for everyone.

Newest Federal Way Homes with 55 - 5-9 Units Style

$1,700,000
2510472 MLS ⋅ ACTIVE Status
Rare opportunity to acquire Soundview II, a turn-key, six-unit multifamily asset in Federal Way's coveted Redondo neighborhood. This condo-style complex features expansive 1,170 SF 2-bed/1.5-bath floor plans designed for high-retention ccupancy. Units boast premium amenities including private west-facing balconies with partial Puget Sound views, fireplaces, in-unit full-size W/D, LVP flooring, and stainless appliances. With the December 2025 Link Extension opening, residents enjoy rapid light rail access to SEATAC and Downtown Seattle while maintaining a significant affordability advantage. Historically self-managed with little deferred maintenance, the property offers a clear value-add runway; implement targeted cosmetic upgrades to countertops and cabinetry to capture immediate rent premiums. Positioned in a supply-constrained submarket with local development moratoriums and a median household income projected to grow 53% by 2030, Soundview Il is a high-yield, low-risk addition to any portfolio. Proximity to Dash Point State Park and I-5 ensures durable demand for years to come.

28426 S 16th Ave, Federal Way

Listing courtesy of Real Broker LLC.

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