$825,000
Est. $4,159/mo34025 1st Place S, Federal Way, WA 98003
• Listed 2026-06-09•9 days on market
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Based on information submitted to the MLS GRID as of June 9, 2026 at 04:32pm (date and time MLS GRID Data was obtained). 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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Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance. MLS 2501184 is also listed next door to make it a great assemblage portfolio.
Listed by Sonny Kwan • Skyline Properties, Inc.
Listing updated: June 9, 2026 at 04:32pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535696
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34025 1st Place S, Federal Way, WA 98003
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 9 days.
$830,000 Sold
8 weeks ago
•
115 S 339th Circle, Federal Way, WA 98003
5%
Under list
—
Days on market
0.2 mi
Distance
$859,000 Sold
5 months ago
•Single Family
23 S 342nd Place, Federal Way, WA 98003
0%
Over list
—
Days on market
0.1 mi
Distance
$590,000 Sold
5 months ago
3 bd•2 ba•~1,720 sq ft•Single Family
34716 4th Place S, Federal Way, WA 98003
2%
Under list
—
Days on market
0.5 mi
Distance
$599,950 Sold
6 months ago
3 bd•1.5 ba•~2,010 sq ft•Single Family
34609 4th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
