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$1,199,000

  • For Sale
  • Active
  • Condo
  • 12 Beds
  • 7 Full Baths
  • 4,376 Sq. Ft.

Listed by Scott Rochlin | Berkshire Hathaway HS NW | (425) 453-9100

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Substantial Price Reduction because one unit sold separately. Bring your Investor to this Portfolio of 6 Condominiums at Maplewood. One owner and a board member for more than 20 years. All units have new upgraded electrical panels, water heaters, roofs, energy-efficient vinyl windows and more. (4) 2-bedroom units and (2) 1 bedroom with spacious living rooms with private decks and patios with much greenery. Great full-time staff and optional rental group membership to make this a Turnkey investment with nothing to do but see the rental checks come in and grow. Even add or sell units to your portfolio. Conveniently located near Twin Lakes golf course, shopping, Dash Point, and major transit options, including the light rail and I-5.

Full Property Details for 4520 321 St

General

  • Price: $1,199,000
  • HOA FEE: $3,050/month
  • Taxes: $14,262 (2025)
  • Status: Active
  • Type: Condo
  • Source: NWMLS
  • MLS ID: 2381328
  • Updated: 10/22/2025
  • Added to Site: 225 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 7
  • Main Floor Baths: 7

Bedrooms

  • Total Bedrooms: 12
  • Bedrooms Main: 12

Additional Information

  • Security/Safety: Security Service

Parking

  • Parking Features: Uncovered

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Twin Lakes
  • Building Name: Maplewood Condominiums
  • Driving Directions: From I-5, take 320th St. exit. Go west on 320th. Turn left into Maplewood Condominiums at 45th Pl. SW. Go Right. See listing map for unit locations

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
  • Assoc. Fees Include: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Security, Sewer, Trash, Water
  • Units Assoc/Comm: 172

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 4,376
  • Year Built: 1977

Unit Information

  • Units in Building: 9

Financial Considerations

  • Association Fee: $3,050
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $14,262
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, Owner Financing

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Leased Equipment
  • Property ID: 512600042000

Listed by Scott Rochlin | Berkshire Hathaway HS NW | (425) 453-9100

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Schools serving 4520 321 St

School District:Federal Way School District
NameGradesDistance
Twin Lakes Elementary School
4400 Southwest 320th Street, Federal Way, WA 98023
K-50.1 mi
Lakota Middle School
1415 Southwest 314th Street, Federal Way, WA 98023
6-81.7 mi
Decatur High School
2800 Southwest 320th Street, Federal Way, WA 98023
9-121 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 4520 321 St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2025
Price Reduced
$1,199,000
-17.31%
MLS
6/06/2025
Listed
$1,450,000
3195.45%
MLS
5/22/2006
Sold
$44,000
—
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 4520 321 St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,249
—
$220,000
16%
2024
$2,249
-36%
$190,000
—
2022
$3,539
138%
$190,000
31%
2021
$1,489
—
$145,000
19%
2021
$1,489
10%
$122,000
8%
2020
$1,359
28%
$113,000
24%
2019
$1,064
-4%
$91,000
18%
2018
$1,111
22%
$77,000
22%
2017
$914
1%
$63,000
5%
2016
$909
24%
$60,000
22%
2015
$731
26%
$49,000
40%
2014
$582
—
$35,000
—
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 Scott Rochlin | Berkshire Hathaway HS NW | (425) 453-9100

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4520 321 Street, Federal Way, WA 98023 (MLS# 2381328) is a Condo property with 12 bedrooms and 7 full bathrooms. 4520 321 Street is currently listed for $1,199,000 and was received on June 06, 2025. Want to learn more about 4520 321 Street? Do you have questions about finding other Condo 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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