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$955,000

  • Sold
  • Closed
  • Multi-Family

Listed by Kathleen Gendron | Berkshire Hathaway HS NW | (253) 946-4000
Sold by John Boukalis | Berkshire Hathaway HS NW

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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.

Full Property Details for 28625 S 16th Ave

General

  • Sold For: $955,000
  • HOA FEE: $50/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,429 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2418356
  • Added to Site: 152 day(s) ago

Interior

  • Flooring: Laminate

Additional Information

  • Amenities: Cable TV, Deck, High Speed Internet, Patio

Parking

  • Uncovered Spaces: 8

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Federal Way
  • Building Name: Soundview Terrace
  • Driving Directions: From Federal Way, north on Hwy 99, left on 288th Avenue S., curves around to the right. First driveway on the left into complex.

School Information

  • High School District: Federal Way
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Community

  • Association: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,920
  • Year Built: 1979

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.2298
  • Lot Size (Sq. Ft.): 10,010
  • Lot Size Source: Public Records
  • Lot Features: Dead End Street, Paved
  • Zoning: Multi-Family

Financial Considerations

  • Association Fee: $600
  • Assoc Fee Freq.: Annually
  • Tax Amount: $1,429
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7876800020
  • Lot Number: B

Listed by Kathleen Gendron | Berkshire Hathaway HS NW | (253) 946-4000
Sold by John Boukalis | Berkshire Hathaway HS NW

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 28625 S 16th Ave

School District:Federal Way School District
NameGradesDistance
Woodmont Elementary School
26454 16th Avenue South, Des Moines, WA 98198
K-51.3 mi
Sacajawea Middle School, Federal Way, WA
1101 South Dash Point Road, Federal Way, WA 98003
6-80.7 mi
Federal Way Senior High School
30611 16th Avenue South, Federal Way, WA 98003
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 28625 S 16th Ave

Date
Details
Price
Change
Source
11/14/2025
Sold
$955,000
0.53%
MLS
8/11/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Kathleen Gendron | Berkshire Hathaway HS NW | (253) 946-4000
Sold by John Boukalis | Berkshire Hathaway HS NW

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28625 S 16th Avenue, Federal Way, WA 98003 (MLS# 2418356) is a Multi-Family property that was sold at $955,000 on November 14, 2025. Want to learn more about 28625 S 16th Avenue? 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.