30853 14th Avenue S
Federal Way, WA 98003
- – beds
- – baths
- 9,612 sqft
- ~3/4 acre lot
- $311 per sqft
- 1958 build
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.
Last checked:
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Checking…
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Last updated Jan 22, 2025
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MLS# 2324874 —
The Building
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Year Built:1958
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New Construction:false
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Structure Type:Multi Family
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Exterior Features:Brick
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Roof:Flat
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Units In Building Total:16
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# of Units Total:16
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Stories Total:2
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Building Area Total:9612
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Building Area Units:Square Feet
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Calculated SqFt:9612
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SqFt Source:Realist
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.324524
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Longitude:-122.316414
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Directions:From 99 South turn right on S 312th St, Right on 14th Ave S, building on Left.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:0821049138
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Lot Features:Curbs, Open Space, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.7128
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Lot Size SqFt:31050
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Lot Size Source:Realist
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 324-0000
- Office phone:
- (206) 324-0000
Taxes
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Tax Year:2024
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Tax Annual Amount:27350.76
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:14728.31
Schools
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High School District:Federal Way
The Community
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Subdivision Name:Federal Way
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Amenities:Coin Op Laundry
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Senior Community:false
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Association:false
Parking
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Parking Uncovered Spaces:18
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Open Parking:true
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Open Parking Spaces:18
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Carport:false
Listing courtesy of NWMLS / Windermere Real Estate Co.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/21/25
Jan 21, 2025
|
Listed / Active | NWMLS | $2,995,000 | 252.4% (11.1% / YR) |
|
1/28/19
Jan 28, 2019
|
Sold | NWMLS | ||
|
5/29/02
May 29, 2002
|
NWMLS | $850,000 |
