Redondo Homes with 56 - 10+ Units Style

Redondo Homes with 56 - 10+ Units Style

**Discover the Charm of Redondo in Federal Way, WA**

Nestled along the picturesque shores of Puget Sound, the charming neighborhood of Redondo in Federal Way, Washington, offers a unique blend of coastal beauty and suburban tranquility. Known for its stunning waterfront views and vibrant community, Redondo is a hidden gem that captures the essence of Pacific Northwest living.

As you explore the neighborhood, you’ll find a delightful mix of homes, particularly those featuring 56 to 10+ unit styles, perfect for families and investors alike. These multi-unit properties provide ample space and versatility, making them ideal for those seeking a welcoming community atmosphere or lucrative rental opportunities.

Residents of Redondo enjoy a plethora of local amenities, including scenic parks, walking trails, and the famous Redondo Beach. Whether you’re taking a leisurely stroll along the shoreline or enjoying a picnic in the park, the natural beauty of this area is sure to captivate you. The neighborhood is also home to a variety of shops, restaurants, and recreational facilities, ensuring that everything you need is just a stone’s throw away.

Families will appreciate the highly-rated schools and community programs that foster a strong sense of belonging. With easy access to major highways and public transportation, commuting to nearby cities like Seattle and Tacoma is a breeze, making Redondo an ideal location for both work and play.

If you’re searching for a vibrant community with a diverse range of housing options, Redondo in Federal Way is the perfect place to call home. Experience the charm and warmth of this coastal neighborhood and discover why so many choose to settle down here!

Newest Redondo Homes with 56 - 10+ Units Style

$4,950,000
2564976 MLS ⋅ ACTIVE Status
We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.

30323 15th Court S, Federal Way

Listing courtesy of Northmarq Multifamily, LLC.

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