30853 14th Avenue S Federal Way, WA 98003
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Real Estate Co. / Shavic Jones / Jason Jaber

  30853 14th Avenue S Federal Way, WA 98003

Active (112 Days)
$2,995,000
9,612
SQFT
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Description

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.

MLS #:
2324874
Taxes
$27,351(2024)
Lot Size
0.71 acres
Type
Multifamily
Year Built
1958
Style
10+ Units
School District
Federal Way
County
King County
Community
Federal Way

Listed By

Shavic Jones, Windermere Real Estate Co.
Jason Jaber, Windermere Real Estate Co.
Source
Northwest MLS as distributed by MLS Grid
Last checked May 13 2025 at 10:45 PM GMT-0700
Bathroom Details
Subdivision
  • Federal Way
Lot Information
  • Curbs
  • Open Space
  • Paved
  • Sidewalk
Property Features
  • Fireplace: 0
Heating and Cooling
  • Baseboard
Exterior Features
  • Brick
  • Roof: Flat
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
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Estimated Monthly Mortgage Payment

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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 5/13/25 15:45. 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.
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Richard Caplan

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Untitled (253 x 95 px)
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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.  The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.