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$2,795,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago

Listed by Shavic Jones | Windermere Real Estate Co. | (206) 324-0000 and Jason Jaber | Windermere Real Estate Co. | (206) 324-0000

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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 close to the Federal Way light rail stop. Groceries, restaurants, transit, and entertainment are all just blocks away. This well maintained building got a new roof in 2022 and is a smart investment with room to improve cash flow and equity. On site laundry, ample private parking, and private entry make this a property you can be proud to add to your portfolio. Assumable financing may be available for qualified buyers.

Full Property Details for 30853 14th Ave S

General

  • Price: $2,795,000
  • Taxes: $25,060 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2458412
  • Updated: 1/15/2026
  • Added to Site: 48 day(s) ago

Parking

  • Carport Spaces: 3
  • Covered Spaces: 3
  • Uncovered Spaces: 18

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Federal Way
  • Driving Directions: From 99 South turn right on S 312th St, Right on 14th Ave S, building on Left.

School Information

  • High School District: Federal Way

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick
  • Roof: Flat
  • Stories in Building: 2
  • Square Feet: 9,612
  • Year Built: 1958

Unit Information

  • Units in Building: 16

Lot Features

  • Lot Size (Acres): 0.7128
  • Lot Size (Sq. Ft.): 31,050
  • Lot Size Source: Realist
  • Lot Features: Curbs, Open Space, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $25,060.17
  • Tax Year: 2025
  • Terms: Assumable, Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 821049138

Listed by Shavic Jones | Windermere Real Estate Co. | (206) 324-0000 and Jason Jaber | Windermere Real Estate Co. | (206) 324-0000

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Schools serving 30853 14th Ave S

School District:Federal Way School District
NameGradesDistance
Nautilus Elementary School
1000 South 289th Street, Federal Way, WA 98003
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
9-120.3 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 30853 14th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/01/2025
Listed
$2,795,000
13.39%
MLS
1/28/2019
Sold
$2,465,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 30853 14th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,351
—
$2,409,000
-8%
2024
$27,351
5%
$2,624,000
—
2022
$26,033
2%
$2,624,000
13%
2021
$25,630
—
$2,322,000
10%
2021
$25,630
13%
$2,114,000
12%
2020
$22,631
21%
$1,882,000
17%
2019
$18,683
-3%
$1,602,000
21%
2018
$19,171
9%
$1,329,000
10%
2017
$17,528
2%
$1,213,000
6%
2016
$17,236
7%
$1,142,000
5%
2015
$16,111
-2%
$1,092,000
8%
2014
$16,448
—
$1,010,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Shavic Jones | Windermere Real Estate Co. | (206) 324-0000 and Jason Jaber | Windermere Real Estate Co. | (206) 324-0000

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30853 14th Avenue S, Federal Way, WA 98003 (MLS# 2458412) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 30853 14th Avenue S is currently listed for $2,795,000 and was received on December 01, 2025. Want to learn more about 30853 14th Avenue S? 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.

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