Federal Way City Center, Federal Way Multi-Family Homes & Duplexes for Sale

Explore Similar Apartments Within 2 Miles of Federal Way City Center, WA

/11
$950,000
- 8 Beds
- 12 Baths
- 3,920 Sq Ft
28625 16th Ave S, Federal Way, WA 98003

Fantastic 4-Plex Investment Opportunity! This well-maintained 4-plex offers four spacious units, each featuring 2 bedrooms and 1.75 baths. Two units include private patios while the other two enjoy a deck overlooking the wooded backyard, providing both privacy and charm. Recent updates throughout include refreshed kitchens, modern flooring, updated lighting, and newer appliances—creating

Kathleen Gendron Berkshire Hathaway HS NW

28625 16th Ave S, Federal Way, WA 98003
Explore Federal Way City Center
/3
$1,200,000
- 8 Beds
- 4 Baths
- 3,600 Sq Ft
120 S 339th Cir, Federal Way, WA 98003

This is 4 plex multi family home in very good location in Federal Way. Complete exterior & interior. Well managed and fully occupied units. 2 bedrooms/1 bathroom, washer/dryer, fireplace. Cross the road is public library. Easy access to I-5, Hwy 19 &99. Very good opportunity to own 4-plex with 5% net income.

Chong Tae Min Q Star Seattle Corporation

120 S 339th Cir, Federal Way, WA 98003
/3
$1,200,000
- 8 Beds
- 4 Baths
- 3,600 Sq Ft
27 S 342nd Place, Federal Way, WA 98003

This is 4 plex multi family home in very good location in Federal Way. Complete exterior & interior. Well managed and fully occupied units. 2 bedrooms/1 bathroom, washer/dryer, fireplace. Cross the road is public library. Easy access to I-5, Hwy 19 &99. Very good opportunity to own 4-plex with 5% net income.

Chong Tae Min Q Star Seattle Corporation

27 S 342nd Place, Federal Way, WA 98003
/17
$1,100,000
- 8 Beds
- 8 Baths
- 4,036 Sq Ft
34005 1st Cir S, Federal Way, WA 98003

This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 1,009 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a

Ton Nguyen 360 Pacific

34005 1st Cir S, Federal Way, WA 98003
/17
$2,995,000
- 28 Beds
- 17 Baths
- 9,612 Sq Ft
30853 14th Ave S, Federal Way, WA 98003

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

Shavic Jones Windermere Real Estate Co.

30853 14th Ave S, Federal Way, WA 98003
/9
$675,000 New Construction
- 8 Beds
- 8 Baths
4950 S 298th St, Federal Way, WA 98001

Prime Development Opportunity! Approved permits in hand for an 8-unit multifamily project featuring thoughtfully designed 1-bedroom, 1-bath units perfect for strong rental demand. Sale is for land only. Located in a thriving neighborhood with excellent access to amenities, transit, and major highways. Offering a flexible turnkey solution for developers or investors. This fully permitted project

Vadim Polishchuk Skyline Properties, Inc.

4950 S 298th St, Federal Way, WA 98001

Washington King County Federal Way Federal Way City Center

Why Live in Federal Way City Center

Federal Way City Center, once a logging settlement, has transformed into a bustling retail district with a diverse cultural scene. The neighborhood features a variety of local and national retail options, including the Commons at Federal Way, an indoor shopping plaza with over 90 retailers and a Cinemark movie theater. Nearby, SeaTac Village Shopping Center offers popular brands like Trader Joe’s and T.J. Maxx, along with numerous dining options such as Black Angus and Jasmine Mongolian Grill. For groceries, residents have access to Safeway and Campeón Market. Recreational opportunities abound with Town Square Park's modern play structures, Mirror Lake Park's wooded trails, Steel Lake Park's beach and boating facilities, and Celebration Park's sports fields. Housing in the area includes midcentury ranch-style and split-level homes, as well as condos with amenities like swimming pools and fitness centers. Community events include the Summer Sounds concert series, Arts Explosion festival, and the Red, White & Blues Festival. The upcoming Sound Transit light rail, set to open in 2026, will enhance connectivity to major cities. Federal Way City Center boasts a high walk score of 83, with public transportation provided by the ST Express bus system. Major roads like State Route 99 and Interstate 5 offer convenient access to Tacoma, 12 miles south, and Seattle, 23 miles north. The Seattle-Tacoma International Airport is approximately 8 miles away.

Learn more about living in Federal Way City Center

Home Trends in Federal Way City Center, WA

On average, homes in Federal Way City Center, Federal Way sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Federal Way City Center, Federal Way over the last 12 months is $307,500, down 60% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$307,500

Median Single Family Sale Price

$279,000

Median Townhouse Sale Price

$322,500

Median 2 Bedroom Sale Price

$295,000

Median 1 Bedroom Sale Price

$279,000

Average Price Per Sq Ft

$308

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

3.00

Median List Price

$301,975

Median Change From 1st List Price

Median Home Sale Price YoY Change

-60%

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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 by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID