New Listing
$1,200,000
 $6,442 est/mo Sourced by Back At You

27 S 342nd Place,Federal Way, WA 98003

Federal Way, WA 98003

Share:

Description

A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus, light rail, shopping center, 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.

Details

MLS #2571153
Listing TypeFor Sale
Building NameCampus View Div 03
HOA Dues$678
Sub-TypeResale
StatusActive
Year1979
Days On Site6
Listing Provided ByQ Star Seattle Corporation | Pearl Lee

Features

SQ Feet3,600
Car PortYes
Story(s)2
Units1
Acreage0.32

Taxes

Property8604

Area Information

StateWA
CountyKing
CityFederal Way
Zip Code98003
Area110 Dash Point | Federal Way
Community NameCentral Federal Way
School DistrictTodd Beamer High
Elementary SchoolPanther Lake Elem
High SchoolTodd Beamer High
Listing VS Median (in Central Federal Way)
Price:
$1,200,000
low | high
Med:
$364,000
100% of Average
sqft:
3,600
low | high
Med:
1,100
100% of Average
$ / sqft:
$333
low | high
Med:
$331
50.727272727273% of Average
On site:
6
low | high
Med:
70
8.571428571429% of Average
Sourced by Back At You

Market Activity 98003

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Best Homes at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

 The three trees icon appears on listings courtesy of NWMLS.

The Northwest Multiple Listing Service (NWMLS) provides Internet Data Exchange (IDX) information exclusively for personal, non-commercial use. This data is intended solely to help consumers identify prospective properties they may be interested in purchasing. While the information is deemed reliable, it is not guaranteed. Users are advised to independently verify the accuracy of all information.

Based on information submitted to the MLS GRID as of August 26, 2026 at 12:51:16 AM PDT. 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.

 Listings courtesy of NWMLS as distributed by MLS GRID. DMCA Notice - The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: suppport@realistiq.com “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Contact

Learn More About This Property

StateWA
CountyKing
CityFederal Way
Zip Code98003
Area110 Dash Point | Federal Way
Community NameCentral Federal Way
School DistrictTodd Beamer High
Elementary SchoolPanther Lake Elem
High SchoolTodd Beamer High
Listing VS Median (in Central Federal Way)
Price:
$1,200,000
low | high
Med:
$364,000
100% of Average
sqft:
3,600
low | high
Med:
1,100
100% of Average
$ / sqft:
$333
low | high
Med:
$331
50.727272727273% of Average
On site:
6
low | high
Med:
70
8.571428571429% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $900K - $1.5M
sqft: 2,500 - 4,500
Listing Updated: August 20, 2026 at 8:23:38 PM PDT