23 S 338th Place, Federal Way, WA 98003
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team



Listed by:stephen janho
Office:windermere re west campus inc
MLS#:2397419
Source:NWMLS
23 S 338th Place,Federal Way, WA 98003
$1,044,995
- - Beds
- - Baths
- 3,904 sq. ft.
- Multi-family
- Pending
Price summary
- Price:$1,044,995
- Price per sq. ft.:$267.67
- Monthly HOA dues:$678
About this home
Excellent investment opportunity! This spacious 4-plex offers 3,904 rentable sq ft and strong income potential. Each unit is 2 bedroom, 1.5 baths and 3 units have been updated with fresh paint and carpet. Units provide comfortable living space, making it ideal for both long-term tenants and short-term rentals. Located in a desirable area with easy access to amenities, transit and schools. This property is perfect for savvy investors looking to grow their portfolio. Don’t miss your chance to own a high-demand multi-unit in a prime location just minutes from new Sound Transit light rail and all the services you can imagine.
Contact an agent
Home facts
- Year built:1979
- Listing Id #:2397419
- Updated:August 07, 2025 at 07:52 AM
Rooms and interior
- Living area:3,904 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:3,904 sq. ft.
- Lot area:0.28 Acres
Schools
- High school:Todd Beamer High
- Middle school:Illahee Jnr High
- Elementary school:Panther Lake Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,044,995
- Price per sq. ft.:$267.67
- Tax amount:$9,482 (2024)
New listings near 23 S 338th Place
- New$745,000Active3 beds 3 baths2,710 sq. ft.
831 SW 355th Court, Federal Way, WA 98023
MLS# 2421086Listed by: COMPASS - Open Sat, 10:30am to 1:30pmNew$275,000Active2 beds 2 baths926 sq. ft.
1839 S 286th Lane #S104, Federal Way, WA 98003
MLS# 2406576Listed by: COLDWELL BANKER BAIN - Open Sat, 11am to 2pmNew$739,950Active4 beds 3 baths1,880 sq. ft.
1955 S 370th Court, Federal Way, WA 98003
MLS# 2420459Listed by: KELLER WILLIAMS REALTY - Open Sun, 2 to 4pmNew$574,950Active3 beds 2 baths1,190 sq. ft.
31019 7th Avenue Sw, Federal Way, WA 98023
MLS# 2420863Listed by: HEATON DAINARD, LLC - New$219,950Active2 beds 1 baths951 sq. ft.
2522 S 317th Street #307, Federal Way, WA 98003
MLS# 2421009Listed by: TRIWOOD REALTY - New$175,000Active0.76 Acres
36922 6th Avenue Sw, Federal Way, WA 98023
MLS# 2418025Listed by: COLDWELL BANKER BAIN - New$144,000Active0.25 Acres
32500 39th Avenue S #1, Federal Way, WA 98001
MLS# 2419910Listed by: CENTURY 21 REAL ESTATE CENTER - New$700,000Active5 beds 3 baths2,710 sq. ft.
3114 SW 313th Place, Federal Way, WA 98023
MLS# 2420135Listed by: EXP REALTY - New$105,000Active2 beds 2 baths1,400 sq. ft.
2500 S 370th Street #32, Federal Way, WA 98003
MLS# 2419226Listed by: CENTURY 21 NORTH HOMES REALTY - New$750,000Active4 beds 3 baths2,620 sq. ft.
32638 20th Ave Sw, Federal Way, WA 98023
MLS# 2419247Listed by: BHGRE - NORTHWEST HOME TEAM