120 S 339th Circle, Federal Way, WA 98003
- $1,200,000
- 3,600
- SqFt
Listing courtesy of Q Star Seattle Corporation.
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- 2571118
- Days on Market
- 1
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,600
- Area Total SqFt
- 3600
- Annual Tax Ammount
- 8906
- Lot Size (sq ft)
- 10,290
- Sewer
- Sewer Connected
Property Description
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus stop, light rail, shopping, and dining, with easy access to I-5, Hwy 99 and the king County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.
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Additional Information
- List Date
- 2026-08-20 04:13:12
- Community
- Federal Way
- Net Operating Income
- $50,000
- Gross Adjusted Income
- $70,000
- Gross Scheduled Income
- $91,200
- Total Monthly Income
- $7,600
- Insurance Expenses
- $3,000
- Gross Rent Multiplier
- 15.7
- Total Expenses
- $18,906
- Cap Rate
- 5
- Total Number of Units
- 1
- Unit Name
- 120
- Potential Terms
- Cash, Conventional
- Year Built
- 1979
- Roof
- Composition
- Other Expenses
- 7000
- 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
- $7,600
- Gross Scheduled Income
- $91,200
- Gross Adjusted Income
- $70,000
- Tax Year
- 2025
- Insurance Expense
- $3,000
- Total Expenses
- $18,906
- Net Operating Income
- $50,000
- Gross Rent Multiplier
- 15.7
- Cap Rate
- 5
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.