Federal Way, WA 98003 28625 S 16th Avenue
$950,000
Pending
6 more
Presented By: Berkshire Hathaway HS NW and NWMLS
- MLS# 2418356
- 08/11/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,920
Home Details
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 inviting, move-in-ready spaces for tenants. The property is ideally located near major freeways and shopping, ensuring easy commutes and everyday convenience. With a blend of updates and a serene setting, this 4-plex is a rare find for both investors and owner-occupants alike. Build your real estate portfolio here.
Presented By: Berkshire Hathaway HS NW and NWMLS
Interior Features for 28625 S 16th Avenue
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 28625 S 16th Avenue
Assoc Fee Paid PerAnnually
Assoc/CICMulti-Family
Building Area UnitsSquare Feet
Building NameSoundview Terrace
Cap Rate
Carport Spaces
Carport Y/NNo
CityFederal Way
CoolingNone
CountyKing
DirectionsFrom Federal Way, north on Hwy 99, left on 288th Avenue S., curves around to the right. First driveway on the left into complex.
Electric Expense11280
Elementary SchoolBuyer To Verify
Fuel Expense
HOAYes
HOA Fee$600
HeatingBaseboard
High SchoolBuyer To Verify
High School DistrictFederal Way
Insurance Expense
Leasable Area3920
Listing TermsCash Out, Conventional
Lot Size Square Feet10010
Lot Size UnitsSquare Feet
MLS Area110 – Dash Point/Federal Way
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-09-07T22:45:10.649Z
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces8
PossessionSubject to Tenant Rights
Possible UseMulti-Family
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksFantastic 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
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending Inspection
Structure TypeQuadruplex
Subdivision NameFederal Way
Tax Annual Amount1429
Tax Year2025
Units Below Gradetrue
Units In Building Total4
Water CompanyLakehaven
Water Sewer Garbage2640
Year Built1979
Zoning DescriptionMulti-Family
Exterior for 28625 S 16th Avenue
Building Area Total3920
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street, Paved
Lot NumberB
Lot Size Acres0.2298
Parking Uncovered Spaces8
Site FeaturesCable TV, Deck, High Speed Internet, Patio
Total Parking8
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Buyer To Verify High School
Middle School
Buyer To Verify Middle School
Elementary School
Buyer To Verify Elementary School
Josh QA1
REALTOR ® SRES ®