30853 14th Avenue S, Federal Way, WA 98003

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by:shavic jones
Office:windermere real estate co.
MLS#:2324874
Source:NWMLS
30853 14th Avenue S,Federal Way, WA 98003
$2,995,000
  • - Beds
  • - Baths
  • 9,612 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,995,000
  • Price per sq. ft.:$311.59

About this home

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.

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Home facts

  • Year built:1958
  • Listing ID #:2324874
  • Updated:September 26, 2025 at 12:16 AM

Rooms and interior

  • Living area:9,612 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1958
  • Building area:9,612 sq. ft.
  • Lot area:0.71 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,995,000
  • Price per sq. ft.:$311.59
  • Tax amount:$27,351 (2024)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 26, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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