Sold75d on market
23 S 342nd Place
Federal Way, WA, 98003 • West Campus • King County
$859,000
$317/sqft
6Beds
4Baths
2,712Sqft
0.3 acLot
1979Built
Property DNA
Territorial Views
Territorial
Panther Lake
West Campus
This home is getting attention
Listed 75 days ago · 29 views · 1 saves
Market activity
Demand and pricing signals for this listing
29 views
People checking out this listing
1 saves
Buyers have saved this home
75 days on market
Established listing
$317/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 42% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1979
Turnkey Investment in a great community. Features 4 occupied spacious units w/functional layouts. 2 units w/2 beds, 1 full bath and 2 units w/1 bed, 1 full bath with a loft and vaulted ceilings - highly desirable units. All units have a cozy FP, in-unit W/D, balcony or deck. Dedicated covered parking spots for each unit + visitor parking. New roof in 2024, New siding in 2024, new exterior and interior paint in 2024. Prime location close to schools, library, shopping, restaurants, hospital, Redondo beach, Costco & Winco. Community sports courts, play areas and amenities. Easy access to I-5, Hwy 99, Hwy 18 and upcoming light rail for commuters. Great cash flowing property.
Standout features identified
Our analysis highlights visitor parking, spacious units, and functional layouts as key attractions of this home.
Estimated monthly payment
Based on current rates
$6,004/month
Principal & Interest$4,181
Property Tax$859
Insurance$286
HOA$677
Down payment20% ($171,800)
3%50%
Est. 6.14% rate · 30yr fixed · $687,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1979
HeatingBaseboard, Electric
CoolingNone
Parking4 Covered Parking spaces
HOA$677 monthly
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionGood
Year built1979
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Lakehaven / Sewer Connected, Company: Lakehaven
Parking & Outdoor
ParkingOpen
Lot0.30 Acres
Location & Tax
NeighborhoodWest Campus
Annual tax$7,870
Parcel1322020580
Bathrooms & Fees
HOA$677/mo
Features & details
7 categories of property features
Interior Features
Flooring
Vinyl
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Lot Features
Adjacent to Public Land
Cul-De-Sac
Curbs
Dead End Street
Paved
Sidewalk
Athletic Court
Cable TV
Deck
High Speed Internet
Patio
Views
Territorial
Listing insights
Market data and value estimates
StatusSold
Days on market75
Est. value$866,300
Est. rent$2,435/mo
Tax rate0.82%
Price/sqft$317
On marketDec 31, 2025
PostedOct 31, 2025
Last sold$859,000
MLS statusSold
MLS updatedFeb 21, 2026
Tour days6
Views29
Favorites1
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
6 events
DateEventPrice$/sqftSource
Jan 21, 2026Sold$859,000$317NWMLS as distributed by MLS GRID
Dec 31, 2025Pending Sale$859,000$317NWMLS as distributed by MLS GRID
Dec 27, 2025Listed For Sale$859,000$317NWMLS as distributed by MLS GRID
Dec 18, 2025Pending Sale$859,000$317NWMLS as distributed by MLS GRID
Dec 2, 2025Price Change$859,000$317NWMLS as distributed by MLS GRID
Oct 31, 2025Listed For Sale$869,000$320NWMLS as distributed by MLS GRID
Sold$859,000
Jan 21, 2026•$317/sqft•NWMLS as distributed by MLS GRID
Pending Sale$859,000
Dec 31, 2025•$317/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$859,000
Dec 27, 2025•$317/sqft•NWMLS as distributed by MLS GRID
Pending Sale$859,000
Dec 18, 2025•$317/sqft•NWMLS as distributed by MLS GRID
Price Change$859,000
Dec 2, 2025•$317/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$869,000
Oct 31, 2025•$320/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$7,870$723,000
Apr 7, 2023$8,091$736,000
Apr 7, 2022$7,221$730,000
Apr 7, 2021$7,211$634,000
Apr 7, 2020$7,053$583,000
Apr 7, 2019$6,253$523,000
Apr 7, 2018$5,177$447,000
Apr 7, 2017$5,664$396,000
Apr 7, 2016$4,693$353,000
Apr 7, 2015$4,693$361,000
Apr 7, 2014$4,693$321,000
Apr 7, 2013$4,693$353,000
Apr 7, 2012—$322,000
Apr 7, 2011—$322,000
Apr 7, 2010—$319,000
Apr 7, 2009—$319,000
Apr 7, 2007—$310,000
Apr 7, 2006—$210,000
Apr 7, 2005—$210,000
Apr 7, 2001$2,462$181,000
Apr 7, 2000$2,607$185,000
Nearby homes
Neighborhood details
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
AdelaideAlderbrookCampus HighlandsLaurelwoodMadronaMirror LakeRedondoSteel LakeTwin LakesWest Campus
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98003980239806398093
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Based on information submitted to the MLS GRID as of 2026-04-07 13:13:56 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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