#2333227, Ton N. Nguyen, Listing office: 360 Pacific
#2397419·
Listing office: Windermere RE West Campus Inc·
Listing agent: Stephen Janho·
Listing office phone: 253-838-7900
$1,044,995 List price
23 S 338th Pl Federal Way, WA 98003
3,904 sqft
0.3 acres
$268 / sqft
House
Property details
About 23 S 338th Pl
Excellent investment opportunity! This spacious 4-plex offers 3,904 rentable sq ft and strong income potential. Each unit is 2 bedroom, 1.5 baths and 3 units have been updated with fresh paint and carpet. Units provide comfortable living space, making it ideal for both long-term tenants and short-term rentals. Located in a desirable area with easy access to amenities, transit and schools. This property is perfect for savvy investors looking to grow their portfolio. Don’t miss your chance to own a high-demand multi-unit in a prime location just minutes from new Sound Transit light rail and all the services you can imagine.
Highlights
HeatingBaseboard
StatusActive
Size3,904 sqft
Lot size0.2818 Acres
Year built1979
MLS #2397419
Summary
- Flooring Type: Vinyl, Carpet
- Exterior: Wood, Wood Products
- Heating: Baseboard
- Cooling: None
- List Price: $1,044,995
- Price/SqFt: $267
- HOA Amount: $677 Monthly
- Annual Tax Amount: $8,549
- Tax Year: 2022
- Lot: Curbs, Dead End Street, Paved, Sidewalk
- Directions: West on S 348th St, North on 1st Ave S, Turns into 1st Way S, Left on S 340th St, Right on 1st Pl S, Left on 338th.
- Year Built: 1979
- Stories: 2
- Living Area: 3,904 SqFt
- Lot Size: 0.2818 Acres
- MLS Number: 2397419
- MLS Name: NWMLS
- Office Name: Windermere RE West Campus Inc
- Office Phone: (253) 838-7900
- Listing Agent: Stephen Janho
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 12:32:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 19, 2004 | Home Sold | $310,000 |
| Oct 26, 2001 | Home Sold | $261,500 |
| Nov 16, 2000 | Home Sold | $237,500 |
| Jun 30, 1998 | Home Sold | $200,000 |
| Oct 23, 1991 | Home Sold | $179,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $862,000 | $8,549 |
| 2021 | $775,000 | $8,824 |
| 2020 | $708,000 | $8,575 |
| 2018 | $570,000 | $6,676 |
| 2017 | $490,000 | $7,086 |
History based on county public records data.
Nearby schools
4
Panther Lake Elementary School
Public District KG-5
0.3 mi
•34424 1st Ave S
5
Sherwood Forest Elementary School
Public District KG-5
0.8 mi
•34600 12th Ave SW
4
Enterprise Elementary School
Public District KG-5
0.8 mi
•35101 5th Ave SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,686. The majority of Federal Way, WA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
27%
<35k
64%
35k-100k
6%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
16%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
6%
12-17 yrs old
36%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Pro Wrestling
Where do the neighbors shop?
Banana Republic
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Sonic
Popeyes
Cicis Pizza
What do the neighbors drive?
Infiniti
Dodge
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 23 S 338th Pl
The listing price of 23 S 338th Pl property is $1,044,995.
The property 23 S 338th Pl is a house located in Federal Way, Washington, 98003.
Active Listing: 23 S 338th Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 23 S 338th Pl are: Panther Lake Elementary School (GreatSchools Rating 4/10), Sherwood Forest Elementary School (GreatSchools Rating 5/10), Enterprise Elementary School (GreatSchools Rating 4/10), TAF Academy at Saghalie (GreatSchools Rating 2/10), Illahee Middle School (GreatSchools Rating 2/10), Lakota Middle School (GreatSchools Rating 3/10), Federal Way Public Academy (GreatSchools Rating 10/10), Todd Beamer High School (GreatSchools Rating 2/10), Decatur High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2022 is $8,549 (source: MLS/based on county public records data).
The last sale was on April 19, 2004 for $310,000 (source: MLS/tax record).
The property at 23 S 338th Pl has 0 bathroom.
The property 23 S 338th Pl is 3,904 SqFt (source: MLS/tax record).
The year of construction for 23 S 338th Pl is 1979.
This home is located at 23 S 338th Pl in Federal Way, WA and zip code 98003 in the Campus View Apartments neighborhood. This 3,904 square foot home, which was built in 1979, sits on a 0.28 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $1,044,995.
While more than 27 listings in Federal Way, WA in June 2025 were sold above asking price, there were more than 30 listings sold at asking price, and more than 25 were sold below. The number of listings in Federal Way, WA increased by 10.8% between May and June 2025. The median list price of listings available in June 2025 was $599,995, while the average time on the real estate market was 18 days.
From Rocket Homes Real Estate and based on county public records data.