$1,200,000

27 S 342nd Pl Federal Way, WA 98003

$10,000
Closing credit¹
3,600 sqft
0.3 acres
$333 / sqft
House

Property details

About 27 S 342nd Pl

This is 4 plex multi family home in very good location in Federal Way. Complete exterior & interior. Well managed and fully occupied units. 2 bedrooms/1 bathroom, washer/dryer, fireplace. Cross the road is public library. Easy access to I-5, Hwy 19 &99. Very good opportunity to own 4-plex with 5% net income.

Highlights

HeatingBaseboard, Radiant
StatusActive
Size3,600 sqft
Lot size0.3163 Acres
Year built1979
MLS #2341793

Summary

  • MLS Number: 2341793
  • MLS Name: NWMLS
  • Office Name: Q Star Seattle Corporation
  • Office Phone: (425) 772-7659
  • Listing Agent: David Min

IDX 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.

IDX 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: 3/14/2025, 2:47:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior with stairway

$1,200,000

27 S 342nd Pl

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 19, 2021
Home Sold
$655,000
Apr 29, 2004
Home Sold
$322,500

Tax history

YearAssessmentProperty Tax
2022$723,000$7,082
2021$726,000$8,154
2020$654,000$7,823
2018$548,000$6,322
2017$470,000$6,704

History based on county public records data.

Nearby schools

4

Panther Lake Elementary School

Public District KG-5

0.1 mi

34424 1st Ave S

4

Enterprise Elementary School

Public District KG-5

0.6 mi

35101 5th Ave SW

5

Sherwood Forest Elementary School

Public District KG-5

0.7 mi

34600 12th Ave SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,686. The most common annual income of people living in Federal Way, WA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

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)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • SonicSonic
  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • InfinitiInfiniti
  • DodgeDodge
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 27 S 342nd Pl

This home is located at 27 S 342nd Pl in Federal Way, WA and zip code 98003 in the Campus View Apartments neighborhood. This 3,600 square foot home, which was built in 1979, sits on a 0.32 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $1,200,000.

While more than 19 listings in Federal Way, WA in February 2025 were sold above asking price, there were more than 19 listings sold at asking price, and more than 13 were sold below. The inventory of homes for sale in Federal Way, WA between January and February 2025 increased by 2%. While the average time on the market in February 2025 was 36 days, the median list price was $600,000.

From Rocket Homes Real Estate and based on county public records data.

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