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JRJeff ReynoldsCompass · Seattle

177 S 340th Street, Federal Way, WA 98003

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Active

Listed by Michael D. Harris, Windermere RE/Capitol Hill,Inc

Active0 days on market

$895,000

$249 per sq ft

177 S 340th Street, Federal Way, WA 98003

Federal Way, WA, 98003

Sq ft
3,600
Built
1977
Parking
4 spaces
HOA
$375 monthly
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

3,600
Square feet
$249
Per sq ft
Multi Family
Type
1977
Year built
9,625 sq ft
Lot
0
Days on market

About this property

Turnkey fourplex offering strong rental potential in the well-established Campus View community. All four two-bedroom, one-bath residences feature comfortable, functional floor plans with fireplaces, private balconies or patios, and the convenience of in-unit washers and dryers. Each unit includes a reserved covered parking space, plus guest parking for visitors.Professional on-site management simplifies ownership by handling the day-to-day operations, making this an attractive opportunity for both experienced investors and those entering the multifamily market. Ideally situated near shopping, restaurants, parks, and major commuter routes including I-5, Highway 99, and Highway 18, this property offers a desirable location that appeals to tenants. A quality investment with stable income potential in a convenient South King County location.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2567010
Listed
August 10, 2026
Days on market
0
Price per sq ft
$249

Unit & building

Building
Campus View
Stories in building
2
Units in building
4

Homeowners association

HOA dues
$375 monthly

Parking

Covered spaces
4
Total spaces
4

Views

View
Territorial

Construction

Year built
1977
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylCarpet

Lot

Lot features
CurbsDead End StreetPavedSidewalk
Lot size
9,625 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Lakehaven
Sewer
Lakehaven
Power
PSE

Schools

District
Federal Way
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

Listing history

  1. Listed

    $895,000

    August 10, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$5,587

Principal & interest
$4,526
Property tax (est.)
$686
HOA dues
$375

Assumes $179,000 down (20%), a $716,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 10, 2026 at 11:45 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.