Provided by NWMLS, Listed by Windermere Real Estate Co.
Active
30853 14th Avenue S
Federal Way WA, 98003
$2,995,000
$311.59 per sqft
Active
9,612 sqft
Multi-family
Built in 1958
Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and will be close to the future Federal Way light rail stop. Groceries, restaurants, transit, and entertainment are all just blocks away. This well maintained building got a new roof in 2022 and is a smart investment with room to improve cash flow and equity. On site laundry, ample private parking, and private entry make this a property you can be proud to add to your portfolio. Assumable financing may be available for qualified buyers.
2324874
MLSⓇ ID
January 21, 2025
Listed
March 5, 2025
Updated
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.71 Acres
Exterior Features
Brick
Lot Features
Curbs, Open Space, Paved, Sidewalk
Roof
Flat
Sewer
Sewer Connected
School Information
School District
Federal Way
Other Property Details
Area Name
110 - Dash Point/Federal Way
Taxes
$27,351
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
King
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 3/13/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 3/13/2025 at 3:00 PM UTC . 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.
©2025 Northwest Multiple Listing Service all rights reserved.
Data last updated on 3/13/2025 at 3:00 PM UTC
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