19 S 338th Place, Federal Way, WA 98003
- $845,000
- 2,784
- SqFt
Listing courtesy of Skyline Properties, Inc.. Selling Office: Fathom Realty WA LLC.
- Sold Price
- $845,000
- List Price
- $845,000
- Status
- SOLD
- MLS#
- 2324479
- Closing Date
- Mar 01, 2025
- Days on Market
- 2
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 2,784
- Area Total SqFt
- 2784
- Annual Tax Ammount
- 8354
- Lot Size (sq ft)
- 13,587
- Sewer
- Sewer Connected
Property Description
Complete exterior paint and punch list from inspection completed in mid 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, New PT stairs and rails, New deck and railings in two units. One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck facing greenbelt. 4 Covered carport may tandem park and 2 guest spots. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Light rail in forecast. Community sports court and play area, Maybe a good property for owner occupied for easy finance.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2025-02-27 00:00:00
- Community
- Panther Lake
- Net Operating Income
- $5,017
- Gross Adjusted Income
- $69,743
- Gross Scheduled Income
- $71,940
- Total Monthly Income
- $5,995
- Insurance Expenses
- $2,484
- Gross Rent Multiplier
- 11.75
- Total Expenses
- $10,838
- Cap Rate
- 5.8
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 19
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1979
- View
- See Remarks, Territorial
- Roof
- Composition
- Site Features
- Athletic Court, Deck, Patio
- Energy Source
- Electric
- School District
- Federal Way
- Elementary School
- Panther Lake Elem
- Middle School
- Illahee Jnr High
- High School
- Todd Beamer High
- Total Monthly Income
- $5,995
- Gross Scheduled Income
- $71,940
- Vacancy Rate
- 3
- Gross Adjusted Income
- $69,743
- Tax Year
- 2024
- Insurance Expense
- $2,484
- Total Expenses
- $10,838
- Net Operating Income
- $5,017
- Gross Rent Multiplier
- 11.75
- Cap Rate
- 5.8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.