Turnkey 4-plex opportunity in Federal Way! Strong rental fundamentals and major capital improvements already completed—ideal for both seasoned investors and those looking to expand their portfolio. This spacious property offers 3,056 rentable sq ft across four well-designed 2 bed / 1 bath units, all fully occupied, providing immediate and consistent income. Each unit features in-unit washer & dryer, dedicated covered parking, and comfortable living spaces that stay in demand which enhances tenant appeal and retention! The building envelope has been recently refreshed with significant exterior upgrades, including a new roof (2024) with warranty, new chimney chase cover, new gutters, and a full exterior paint job—minimizing deferred maintenance and future capital expenses. Hello, fewer surprise expenses! With big-ticket items already addressed, this investment offers a more predictable ownership experience and allows the next owner to focus on cash flow and long-term appreciation. The location is a win—close to restaurants, shopping, transit, and schools, plus just minutes to the new Sound Transit light rail. A low-maintenance, income-producing asset that you don’t want to miss!
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Heather Maddox, Windermere Real Estate Psr, Inc.
$699,950 (USD)
Mill Creek Area Townhouse
Pending
16516 2nd Park SE Bothell, WA 98012
3 Bed
3 Baths
1852 sqft
MLS# 2527268
Beautifully refreshed 3 bedroom + bonus room townhome in sought-after Abbey Road checks all the boxes! This end unit has one of the largest floorplans in the community. Recent updates include fresh interior paint, all new carpet, updated shower surround & charming paver patio. Rare oversized 2-car garage with hookups for an EV charger & extra storage PLUS private driveway parking. The main floor offers hardwood floors and an open great room with island kitchen featuring slab granite countertops, stainless appliances, 9’ ceilings & huge windows for lots of natural light. The main floor also features an office or den space, perfect for WFH or homework room. The gas fireplace with wood mantle makes the living room feel cozy and elevated. Upstairs features 3 bedrooms + laundry including spacious primary suite with walk-in closet & spa-like bath with dual sinks, soaking tub, separate shower, slab counters & tile floors. The lower level has a large bonus room, perfect for a theater room, gym, guests & more! There is also garage access from the lower level. Enjoy nearby community parks, Mill Creek Town Center, restaurants, shopping & Martha Lake just minutes away. Easy freeway access for commuting.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Heather Maddox, Windermere Real Estate Psr, Inc.
$549,950 (USD)
Federal Way Area Residential
Pending
3705 SW 338th Place Federal Way, WA 98023
3 Bed
2 Baths
1260 sqft
MLS# 2550119
Wonderfully updated & maintained rambler! This 3 bedroom, 1.75 bathroom home has been completely remodeled and opened up to have a large island kitchen with ample storage and lots of natural light. The stunning kitchen is open to the dining room, family room with fireplace & the living room with huge floor-to-ceiling windows. Not only have the cosmetics been updated, but the important systems have been as well! This home features a new roof, all new windows, new exterior paint, a cleaned-out crawl space with new insulation & vapor barrier, and updated LVP flooring throughout. The efficient floorplan features 3 bedrooms and 1.75 bathrooms, including a primary suite. Outside you will find a covered deck for year-round enjoyment and a large corner lot with mature landscaping, large trees for shade & privacy, and a greenhouse! This home is a must see!
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Heather Maddox, Windermere Real Estate Psr, Inc.
$385,000 (USD)
Fairwood Area Condominium
Active
14140 SE 171st Way E204 Renton, WA 98058
2 Bed
2 Baths
1054 sqft
MLS# 2549568
Welcome home to this beautifully updated 2-bedroom, 2-bath condo in the Heritage at Fairwood community. Thoughtfully renovated throughout, this move-in-ready home features newer luxury vinyl plank flooring, fresh interior paint, a stunning kitchen with quartz countertops and gas range, stainless steel appliances, newer cabinetry, and tastefully updated bathrooms. Soaring ceilings and abundant natural light create an open, airy feel, while the cozy gas fireplace adds warmth and charm to the main living space. Step out onto the private balcony to unwind and enjoy peaceful views overlooking the adjacent Fairwood Golf & Country Club. A private garage adds everyday convenience, and with no rental cap, this home offers excellent flexibility for homeowners and investors alike. Golf course memberships are available, offering access to an 18-hole golf course, clubhouse, restaurant, and fitness center. Conveniently located near grocery stores, restaurants, coffee shops, gyms, and everyday amenities, this stylish condo offers the perfect blend of comfort, convenience, and low-maintenance living.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Heather Maddox, Windermere Real Estate Psr, Inc.
$299,950 (USD)
Edmonds Area Condominium
Active
8025 234th Street SW 120 Edmonds, WA 98026
2 Bed
2 Baths
908 sqft
MLS# 2554374
Wonderfully updated and impeccably maintained top-floor condo in a prime location! This spacious 2-bedroom, 1.5-bath home is one of the larger floorplans in the community and has been thoughtfully updated throughout. The remodeled kitchen (2020) features new countertops, sink, fixtures, appliances, backsplash, and more. Both bathrooms have also been beautifully refreshed with updated flooring, counters, lighting, hardware, and a stunning tile shower surround. Brand new carpet completes the move-in ready interior. The large floorplan offers a bright living room, dining area, and an abundance of natural light, making the home feel open and inviting. The oversized primary bedroom includes its own half bath, large closet, and plenty of room to unwind. Step outside to the private balcony, perfect for grilling or enjoying a sunny afternoon. Additional highlights include an interior storage unit and a dedicated parking space. Enjoy beautifully maintained grounds, a community pool, a pet-friendly HOA, and no rental cap, making this an excellent opportunity for both homeowners and investors alike. Conveniently located just minutes from grocery stores, Costco, restaurants, parks, and Lake Ballinger. Easy access to I-5, bus routes, and the Mountlake Terrace Light Rail station makes commuting to downtown Seattle, Sea-Tac Airport, and the University of Washington a breeze. Spend weekends exploring the Edmonds waterfront, Saturday Market, and Edmonds Ferry.
Listing Courtesy of Northwest MLS as distributed by MLS GRID / Listed By: Heather Maddox, Windermere Real Estate Psr, Inc.
Northwest MLS as distributed by MLS GRID / Listed By: Heather Maddox, Windermere Real Estate Psr, Inc.