Panther Lake Homes with 54 - 4-Plex Style

Panther Lake Homes with 54 - 4-Plex Style

Located in the beautiful Panther Lake neighborhood of Federal Way, Washington, these homes with their unique 4-Plex style offer an exceptional living experience. Nestled in King County, this neighborhood is known for its serene surroundings, stunning natural beauty, and convenient amenities.

Panther Lake is a sought-after area for homebuyers due to its tranquil atmosphere and close-knit community. Residents here enjoy the peacefulness of living near a picturesque lake, surrounded by lush greenery and breathtaking views. The neighborhood boasts a variety of outdoor recreational opportunities, including hiking trails, parks, and water activities on Panther Lake itself.

True to their name, the homes in this area feature a 4-Plex style, providing a distinctive architectural design that sets them apart from the rest. These homes offer a perfect blend of functionality and aesthetics, with spacious layouts and modern finishes. Whether you're a growing family or a young professional, these homes cater to a range of lifestyles.

Living in Panther Lake means having easy access to a plethora of amenities. The neighborhood is home to excellent schools, shopping centers, restaurants, and entertainment options. Additionally, its proximity to major highways and public transportation makes commuting a breeze, connecting residents to the vibrant city of Seattle and other neighboring cities.

If you're looking for a peaceful and picturesque neighborhood with unique 4-Plex style homes, Panther Lake in Federal Way, Washington, is the place to be. Experience the best of suburban living with nature at your doorstep and all the conveniences of modern life just a stone's throw away.

Newest Panther Lake Homes with 54 - 4-Plex Style

$799,000
2535696 MLS ⋅ ACTIVE Status
Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance. MLS 2501184 is also listed next door to make it a great assemblage portfolio.

34025 1st Place S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$799,000
2501184 MLS ⋅ ACTIVE Status
Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath Loft style townhome units and two bedroom /one bath lower units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,.Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance

34019 1st Circle S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$899,950
2500500 MLS ⋅ ACTIVE Status
Well-maintained fourplex in Federal Way. Each unit features 2 bedrooms, 1 bathroom, a functional floor plan, fireplace, private balcony or patio, and in-unit washer and dryer, providing comfort and convenience for tenants.Property includes dedicated covered parking for each unit, additional uncovered parking spaces, and guest parking. Two units have been recently renovated, offering updated interiors and potential for increased rental income.The property has a strong rental history with long-term tenants, supporting stable and consistent income. On-site professional management is in place, and HOA rules do not allow for self-management.Conveniently located near shopping, dining, schools, and parks, with easy access to I-5 and Hwy 18, making it a desirable location for tenants and commuters alike. Ideal for investors seeking stable cash flow, low deferred maintenance, and long-term appreciation.

34214 1st Place S, Federal Way

Listing courtesy of RSVP Brokers ERA.

$899,000
2491971 MLS ⋅ ACTIVE Status
Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

34120 1st Place S, Federal Way

Listing courtesy of Real Broker LLC.

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