30853 14th Avenue S Federal Way, WA 98003

Property Photo: 30853 14th Avenue S WA 98003

Listing Courtesy of: MLS Logo

Northwest MLS / Windermere Real Estate Co. / Shavic Jones / Jason Jaber

30853 14th Avenue S Federal Way, WA 98003

Active (220 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 Aug 29 2025 at 5:38 PM PDT

Bathroom Details

Subdivision

Federal Way

Lot Information

Curbs
Sidewalk
Paved
Open Space

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.

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

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 8/29/25 10:38. 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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Broker does not guarantee the accuracy of dimensions, square footage, lot size, or other information regarding the condition or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to verify information through personal inspection and due diligence with the appropriate research & professionals. Equal Housing Opportunity.

The information set forth on this site is based upon the information which we consider reliable, but because it has been supplied by third parties we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, concluding price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Drew Staudt of Windermere Professional Partners. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect, or civil engineer, to determine such information.