$ 1,250,000
-
$1,250,000
Price -
12
Bed -
6
Bath -
6,000
SqFt -
0.41
Acre
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About the Listing 10342 - 119131,54887
Panther Lake Apartments is a 6-unit building built in 1979, located in Federal Way. All units are 1,000 SF with two bedrooms, one bathroom, in-unit washer & dryers, wood-burning fireplaces, private patios/balconies and covered parking. All new windows, sliders, exterior paint, and electrical panels in last two years. As part of a larger residential community, residents benefit from shared amenities including on-site management, a playground, and tennis courts. Located just 2 miles from the Light Rail station and 1.5 miles from I-5, the property offers convenient access to Tacoma, Seattle, and the broader Puget Sound region. Priced at $208K per unit with a cap rate of 6.7%.
Listing Highlights for 34007 1st Cir S
Interior Details
- Bedrooms: 12
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces: 0
- Floor: Vinyl,Vinyl Plank,Carpet
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Dead End Street,Paved,Athletic Court,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 12
- Zoning: Multi-Family
- Roof: Composition,Torch Down
- Others: Cement Planked,Good
- Sewer: Sewer Connected
- Parking Features: Covered,4 or More Carport
Financial Details
- Tax Amount: $14,489
- Taxes w/Assessments: N/A
- Tax/Property ID: 1322020360
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
34007 1st Cir S Federal Way, WA 98003
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