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$830,000
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Property Description
A perfect opportunity for first-time or hands-off investors! This 100% turnkey 4-plex is located in the sought-after Panther Lake area, where the community boasts a vacancy rate under 2% and is professionally managed with community-maintained grounds.Each of the four units features 2 bedrooms / 1 bathroom, fireplace, in-unit washer and dryer. 4 carport parking plus additional visitor parking. Newer exterior paint (2024). Tenants reimburse for utilities. Professional property management is in place at just 5%, making this a true hands-free investment. Don't miss this rare chance to own a low-maintenance, income-producing property in a thriving rental market.
Full Property Details
Full Property Details for 115 S 339th Cir
General
- Sold For: $830,000
- HOA FEE: $678/month
- Taxes: $8,455 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2435784
- Added to Site: 241 day(s) ago
Interior
- Flooring: Vinyl, Vinyl Plank, Carpet
Additional Information
- Amenities: Athletic Court, Deck, Patio
Parking
- Carport Spaces: 4
- Covered Spaces: 4
- Uncovered Spaces: 2
Location
- Area: 110 - Dash Point/Federal Way
- County: King
- Subdivision: Panther Lake
- Building Name: Panther Lake
- Driving Directions: I-5, Exit 143 toward Federal Wy. Go W on S 320th St. Go L on WA-99 S. Go R on S 336th St. Go L on 1st Wy S. Go R on S 340th St. Go R on S 339th Cir. Take 1st L to stay on S 339th Cir, prop. on L.
School Information
- High School District: Federal Way
- Elementary School: Panther Lake Elem
- Middle School: Illahee Jnr High
- High School: Todd Beamer High
Community
- Association: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiant
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 3,056
- Year Built: 1979
- Property Condition: Good
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.2207
- Lot Size (Sq. Ft.): 9,614
- Lot Size Source: Realist
- Lot Features: Paved
- Zoning: Multi-Family
Financial Considerations
- Association Fee: $678
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,455
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 1322020090
Listed by Irwan Ngadisastra | Skyline Properties, Inc. | (206) 522-3400
Sold by Venh Gieng | Dove Realty, Inc.
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Schools
Schools serving 115 S 339th Cir
School District:Federal Way School District
| Name | Grades | Distance |
|---|---|---|
Panther Lake Elementary School, Federal Way, WA 34424 1st Avenue South, Federal Way, WA 98003 | K-5 | 0.3 mi |
Illahee Middle School 36001 1st Avenue South, Federal Way, WA 98003 | 6-8 | 1.5 mi |
Todd Beamer High School 35999 16th Avenue South, Federal Way, WA 98003 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 S 339th Cir
Date
Details
Price
Change
Source
4/23/2026
Sold
$830,000
-5.14%
MLS
2/05/2026
Price Reduced
$875,000
-2.67%
MLS
11/06/2025
Price Reduced
$899,000
-2.81%
MLS
10/20/2025
Price Reduced
$925,000
-2.53%
MLS
9/23/2025
Listed
$949,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
115 S 339th Circle, Federal Way, WA 98003 (MLS# 2435784) is a Multi-Family property that was sold at $830,000 on April 23, 2026. Want to learn more about 115 S 339th Circle? Do you have questions about finding other Multi-Family real estate for sale in Federal Way? You can browse all Federal Way real estate or contact a Coldwell Banker agent to request more information.

