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    Federal Way, WA Apartment Buildings for Sale

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    Auburn, WA Kent, WA Des Moines, WA
    Federal Way Multifamily Investment
    $1,345,000
    6,000 SF
    Federal Way Multifamily Investment

    34007 1st Cir S, Federal Way, WA 98003

    Six-unit multifamily property in Federal Way, Washington.
    • Multifamily property with 6 units
    • Price per unit: $224,167
    • Year Built: 1979
    Updated: Oct 28, 2025
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    Federal Way Multifamily Opportunity
    Contact for pricing
    Federal Way Multifamily Opportunity

    28426 16th Ave S, Federal Way, WA 98003

    Multifamily property for sale in Federal Way, Washington.
    • Multifamily property for sale
    • Located in Federal Way, Washington
    • Year Built: 1978
    Updated: Apr 14
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Permitted Multifamily Development Site
    $2,100,000
    15,000 SF
    Permitted Multifamily Development Site

    Shovel-ready 80-unit development site in Tacoma, WA.

    605 St Helens Ave, Tacoma, WA

    View details
    Fife Village Apartments For Sale
    $2,100,000
    Fife Village Apartments For Sale

    16-unit multifamily community in Fife, Washington.

    2102 62nd Ave E, Fife, WA 98424

    View details
    Stadium District Mansion Apartments
    $1,775,000
    Stadium District Mansion Apartments

    Charming apartment building in prime location with significant rent growth potential.

    523 Tacoma Ave, Tacoma, WA 98403

    View details
    Renovated 42-Unit Apartment Complex
    $7,950,000
    Renovated 42-Unit Apartment Complex

    Newly renovated 42-unit apartment complex in Fife, Washington.

    5610 23rd Street E, Fife, WA 98424

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres
    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048

    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres
    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534

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    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres
    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384

    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres
    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029

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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
    Lot: 0.53 Acres
    Value Estimation by Request

    1405 308Th St, Federal Way, WA 98003

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    Federal Way, WA Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Federal Way, WA on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $1,345,000.

    Sale prices for two-family homes in Federal Way, WA start at $1,345,000, averaging $1,345,000, and reaching up to $1,345,000 — 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 $1.3M

    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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