Sold143d on market
28625 S 16th Avenue
Federal Way, WA, 98003 • Redondo • King County
$955,000
$244/sqft
8Beds
8Baths
3,920Sqft
0.23 acLot
1979Built
Property DNA
Federal Way
Redondo
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
143 days on market
Established listing
$244/sqft
Price per square foot
About this home
Multi Family · Built 1979
Fantastic 4-Plex Investment Opportunity! This well-maintained 4-plex offers four spacious units, each featuring 2 bedrooms and 1.75 baths. Two units include private patios while the other two enjoy a deck overlooking the wooded backyard, providing both privacy and charm. Recent updates throughout include refreshed kitchens, modern flooring, updated lighting, and newer appliances—creating inviting, move-in-ready spaces for tenants. The property is ideally located near major freeways and shopping, ensuring easy commutes and everyday convenience. With a blend of updates and a serene setting, this 4-plex is a rare find for both investors and owner-occupants alike. Build your real estate portfolio here.
Standout features identified
Our analysis highlights modern flooring, updated lighting, and newer appliances as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,993/month
Principal & Interest$4,670
Property Tax$955
Insurance$318
HOA$50
Down payment20% ($191,000)
3%50%
Est. 6.18% rate · 30yr fixed · $764,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1979
HeatingBaseboard, Electric
CoolingNone
Parking8 Open Parking spaces
HOA$600 annually
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1979
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Lakehaven / Sewer Connected, Company: Lakehaven
Parking & Outdoor
ParkingOpen
Lot10,010 sqft
Location & Tax
NeighborhoodRedondo
Annual tax$1,429
Parcel7876800020
Bathrooms & Fees
HOA$50/mo
Features & details
6 categories of property features
Interior Features
Flooring
Laminate
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Lot Features
Dead End Street
Paved
Cable TV
Deck
High Speed Internet
Patio
Listing insights
Market data and value estimates
StatusSold
Days on market143
Est. value$969,800
Est. rent$1,611/mo
Tax rate0.82%
Price/sqft$244
On marketNov 20, 2025
PostedAug 18, 2025
Last sold$955,000
MLS statusSold
MLS updatedDec 15, 2025
Tour days6
Views7
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
11 events
DateEventPrice$/sqftSource
Nov 14, 2025Sold$955,000$244NWMLS as distributed by MLS GRID
Oct 15, 2025Pending Sale$950,000$242NWMLS as distributed by MLS GRID
Oct 10, 2025Listed For Sale$950,000$242NWMLS as distributed by MLS GRID
Sep 7, 2025Pending Sale$950,000$242NWMLS as distributed by MLS GRID
Aug 18, 2025Listed For Sale$950,000$242NWMLS as distributed by MLS GRID
Mar 5, 2015Sold$415,000$106NWMLS as distributed by MLS GRID
Feb 12, 2015Pending Sale$425,000$108John L Scott Real Estate
Feb 4, 2015Listed For Sale$425,000$108John L Scott Real Estate
Jan 31, 2015Pending Sale$425,000$108John L Scott Real Estate
Jan 21, 2015Listed For Sale$425,000$108John L Scott Real Estate
Aug 20, 1996Sold$285,000$73Public Record
Sold$955,000
Nov 14, 2025•$244/sqft•NWMLS as distributed by MLS GRID
Pending Sale$950,000
Oct 15, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$950,000
Oct 10, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Pending Sale$950,000
Sep 7, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$950,000
Aug 18, 2025•$242/sqft•NWMLS as distributed by MLS GRID
Sold$415,000
Mar 5, 2015•$106/sqft•NWMLS as distributed by MLS GRID
Pending Sale$425,000
Feb 12, 2015•$108/sqft•John L Scott Real Estate
Listed For Sale$425,000
Feb 4, 2015•$108/sqft•John L Scott Real Estate
Pending Sale$425,000
Jan 31, 2015•$108/sqft•John L Scott Real Estate
Listed For Sale$425,000
Jan 21, 2015•$108/sqft•John L Scott Real Estate
Sold$285,000
Aug 20, 1996•$73/sqft•Public Record
Tax history
17 years of records
YearTax paidAssessed value
Apr 7, 2024$1,429$74,700
Apr 7, 2023$5,496$489,000
Apr 7, 2022$4,654$458,200
Apr 7, 2019$4,094$331,700
Apr 7, 2018$3,203$265,200
Apr 7, 2015$5,764$226,200
Apr 7, 2014$5,764$392,000
Apr 7, 2013$5,764$426,000
Apr 7, 2012—$375,000
Apr 7, 2011—$375,000
Apr 7, 2010—$450,000
Apr 7, 2009—$450,000
Apr 7, 2007—$380,000
Apr 7, 2006—$323,000
Apr 7, 2005—$323,000
Apr 7, 2001$3,379$248,000
Apr 7, 2000$3,535$250,300
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 05:23:31 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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