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    Federal Way, WA
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    Federal Way, WA Apartment Buildings for Sale

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    Auburn, WA Kent, WA Des Moines, WA Seattle, WA Algona, WA Pacific, WA Seatac, WA Tacoma, WA
    Apartment Community With Remodeled Units
    Updated: Aug 2
    Apartment Community With Remodeled Units

    30323 15th Ct S, Federal Way, WA 98003

    $4,950,000
    18,180 sqft
    18‑unit townhome community with two‑bedroom, one‑and‑a‑half‑bathroom residences
    Homes average 1,010 square feet and include fireplaces, vaulted ceilings, and private patios
    14 of 18 units extensively remodeled with quartz countertops, new flooring, millwork, and appliances
    Four unrenovated units provide additional renovation scope
    New metal roof installed in 2017 and electrical panel upgrades completed in 2018
    View details
    16-Unit Garden-Style Apartments
    Updated: Jul 12
    16-Unit Garden-Style Apartments

    30853 14TH, Federal Way, WA 98003

    $2,725,000
    9,420 sqft 0.71 AC lot
    16‑unit multifamily property with 9,420 square feet
    31,050‑square‑foot lot with garden‑style layout
    One- and two‑bedroom unit mix
    New roof installed in 2022
    On‑site laundry and private parking
    View details
    Six-Unit Condo-Style Apartment Building
    Six-Unit Condo-Style Apartment Building

    28426 S 16th Ave, Federal Way, WA 98003

    $1,700,000

    Condo-style six-unit building with private west-facing balconies and in-unit washers and dryers.

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    See what stands out in King County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    5-Unit Apartment Building
    5-Unit Apartment Building

    306 2nd St NE, Auburn, WA 98002

    $989,000
    3,800 sqft

    Fully occupied property with updated units, new roof and siding, off-street parking, and coin-operated laundry.

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    Renovated Apartment Building
    Renovated Apartment Building

    733 10th St NE, Auburn, WA 98002

    $3,400,000

    Multifamily property with upgraded interiors, newer roofs, and double-pane vinyl windows.

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    Mixed-Use Development Opportunity
    Mixed-Use Development Opportunity

    22725 Pacific Hwy S, Des Moines, WA 98198

    $1,995,000
    46,609 sqft

    Mixed-use development site with completed drawings for apartments and retail.

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    Des Moines Multifamily Investment Opportunity
    Des Moines Multifamily Investment Opportunity

    22707 30th Ave S, Des Moines, WA 98198

    $1,100,000

    6-unit apartment building near future light rail station.

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    Off-Market Properties in Federal Way, WA

    Consider similar Off-Market properties in Federal Way, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1405 308Th St
    Multifamily properties

    1405 308Th St, Federal Way, WA 98003

    Estimated value:
    by Request
    0.53 AC lot
    View details

    Federal Way, WA Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Federal Way, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 27,600 square feet of properties for sale, with an estimated market value of $9,375,000.

    Sale prices for two-family homes in Federal Way, WA start at $1,700,000, averaging $3,125,000, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 138K
    Population Growth (5Y) +4.6%
    Median Household Income $91,533
    College Educated 23.6%

    High-Yield Neighborhoods for Investment

    Identify Federal Way submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98003 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $9.26 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Federal Way fall within the 100,000+ square foot range.

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