30853 14th Avenue S · Federal Way, WA 98003
Source: NWMLS · Savvy Lane Inc · Beata H. Miklos #NWM1371143
About this home
The Lake is a 16-unit apartment complex located in Federal Way, WA. Current ownership has spent nearly $200,000 in interior and exterior renovations in the past 12 months. The property offers a unique park-like setting with a large off-street courtyard. The asset is located about half a mile from the future location of the Federal Way Light Rail Station, giving an investor strong in place cash-flow with immediate and future upside in rents.
Location
Basics
- Property type
- Multi Family
- Style
- 10+ Units
- Stories
- 2 stories
- Condition
- Remodeled
- Year built
- 1958
- Building area
- 9,420 sq ft
- Lot size
- 31,050 sq ft (0.71 acres)
- County
- King
- MLS #
- NWM1371143
Interior
- Flooring
- Hardwood, Vinyl
- Interior features
- Hardwood
Exterior & lot
- Exterior features
- Brick, Wood
- Roof
- Flat
- Waterfront
- No
Parking
- Parking spaces
- 16
- Covered spaces
- 16
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Federal Way
- Property tax
- $19,171 (2018)
Transaction
- List price
- $2,500,000 · sold 1.4% under list
- Original list price
- $2,600,000 (3.8% price cut)
- Listed on
- Oct 4, 2018
- Days active
- 61
- Listing terms
- Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2002-05-29
- Sold$850,000
Schools
School district: Federal Way
- High
- Federal Way High SchoolSchoolDigger 1 star · Top 84% in WA

Listing provided courtesy of: Savvy Lane Inc
Listing agent: Beata H. Miklos.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2024-09-05.