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$1,250,000
11 Days On Site
34007 1st Circle SFederal Way, WA 98003
For Sale|Multi Family|Active
0
Beds
0
Total Baths
—
SqFt
—
/SqFt
1979
Built
Cumulative Days On Market:
12
Subdivision:
Panther Lake
County:
King
Courtesy of NWMLS
Listing courtesy of Taylor Wyman of Northmarq Multifamily, LLC
Listing courtesy of Taylor Wyman of Northmarq Multifamily, LLC
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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%.
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Listing Snapshot
Price
$1,250,000
Days On Site
11 Days
Bedrooms
N/A
Inside Area (SqFt)
0 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.4132 Acres
Year Built
1979
MLS® Number
2590067
Status
Active
Property Tax
$14,489
HOA/Condo/Coop Fees
$1,016.7 monthly
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 6 days ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen on site |
General Features
Acres
0.4132
Additional Property Use
Multi-Family
Carport
6
Number Of Stories
3
Parking Spaces
12
Property Sub Type
Multi Family
Utilities
Sewer Connected
Water Source
Public
Zoning
Multi-Family
Interior Features
Flooring
VinylCarpet
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Cement Siding
Lot Features
Corner LotPaved
Roof
Composition
View
Territorial
Waterview
Territorial
Community Features
Association Fee
$1016.7
Association Fee Frequency
Monthly
MLS Area
110 - Dash Point/Federal Way
School District
Federal Way
Financing Terms Available
CashConventional
Schools
School District
Federal Way
Elementary School
Panther Lake Elem
Middle School
Federal Way Public A
High School
Federal Way Snr High
Courtesy of NWMLS
Listing courtesy of Taylor Wyman of Northmarq Multifamily, LLC
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-10-13 12:29 AM PDT
Listing courtesy of Taylor Wyman of Northmarq Multifamily, LLC
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-10-13 12:29 AM PDT
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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