115 S 339th Cir

Federal Way, WA 98003

$830,000
Last Sold Price
8
Beds
4
Baths
3,056 Sq. Ft.
$272 / Sq. Ft.
3,056
Sq. Ft.
$272
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 4/23/26
Sold 4/23/26
Listing provided courtesy of Skyline Properties, Inc., Dove Realty, Inc.
Source: Northwest MLS

Description

A perfect opportunity for first-time or hands-off investors! This 100% turnkey 4-plex is located in the sought-after Panther Lake area, where the community boasts a vacancy rate under 2% and is professionally managed with community-maintained grounds. Each of the four units features 2 bedrooms / 1 bathroom, fireplace, in-unit washer and dryer. 4 carport parking plus additional visitor parking. Newer exterior paint (2024). Tenants reimburse for utilities. Professional property management is in place...A perfect opportunity for first-time or hands-off investors! This 100% turnkey 4-plex is located in the sought-after Panther Lake area, where the community boasts a vacancy rate under 2% and is professionally managed with community-maintained grounds. Each of the four units features 2 bedrooms / 1 bathroom, fireplace, in-unit washer and dryer. 4 carport parking plus additional visitor parking. Newer exterior paint (2024). Tenants reimburse for utilities. Professional property management is in place at just 5%, making this a true hands-free investment. Don’t miss this rare chance to own a low-maintenance, income-producing property in a thriving rental market.
  1. Listed by Irwan Ngadisastra • Skyline Properties, Inc.
    P: (206)-522-3400 irwan02@gmail.com

Property Details for 115 South 339th Circle

Community Name
Panther Lake
School District
Federal Way
Number of Assigned Spaces
6
Total Covered Parking
4
Entry Date
09-23-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 05/24/2026 04:01 AM

Property Details for 115 South 339th Circle

StatusSold
MLS #2435784
Days on Market167
Cumulative Days on Market167
Taxes$8,455 / year
HOA Fees$678 / month
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.22 AC / 9,614 SF
CountyKing County
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Location

Listing Courtesy of Skyline Properties, Inc.

Sold By Dove Realty, Inc.

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Building Information for 115 South 339th Circle

Stories2Residences4Year Built1979Building Size-Lot Size0.22 AC / 9,614 SF

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$5,519 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,136

Property Taxes

$705

HOA Dues

$678

The Payment Calculator is for illustrative purposes only.

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Property Information for 115 South 339th Circle

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Athletic Court, Deck, Patio
  • Area: 110 - Dash Point/Federal Way
  • Elementary School: Panther Lake Elem
  • Middle Or Junior School: Illahee Jnr High
  • High School: Todd Beamer High
  • Effective Year Built Source: Public Records
  • Directions: I-5, Exit 143 toward Federal Wy. Go W on S 320th St. Go L on WA-99 S. Go R on S 336th St. Go L on 1st Wy S. Go R on S 340th St. Go R on S 339th Cir. Take 1st L to stay on S 339th Cir, prop. on L.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Vinyl Plank, Carpet
  • Amenities: Playground
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Radiant
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Puget Sound Energy
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2005
  • Photos Count: 35
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 1322020090
  • Building Condition: Good
  • Calculated Square Footage: 3056
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3056.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 2
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 22839
  • Gross Adjusted Income: 65100
  • Gross Rent Multiplier: 14.6
  • Gross Scheduled Income: $65,100
  • Insurance Expense: $2,000
  • Net Operating Income: $42,261
  • Other Expenses: $12,384
  • Total Monthly Income: 5425
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 764
  • Rent Unit 1: $1,475.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 764
  • Rent Unit 2: $1,275.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 764
  • Rent Unit 3: $1,300.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 764
  • Rent Unit 4: $1,375.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3056.0

Property History for 115 South 339th Circle

DateEvent & SourcePriceAppreciation
Apr 23, 2026

Sold

NWMLS #2435784

$830,000—
Apr 7, 2026

Sold (Public Record)

Public Record #1936346860

$830,000

+3.0% / yr

Mar 9, 2026

Pending

NWMLS #2435784

—
DateEvent & SourcePrice
04/23/2026

Sold

NWMLS #2435784

$830,000
04/07/2026

Sold (Public Record)

Public Record #1936346860

$830,000

+3.0% / yr

03/09/2026

Pending

NWMLS #2435784

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 115 South 339th Circle

Taxable ValueLand$208,000Additions$613,000Total$821,000
Tax Record2025$9,114 ($759 / month)
Home Facts
Total Finished SqFt3,056 SqFtAbove Ground SqFt3,056 SqFtStories2Lot Size9,614 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated2005ZoningRM2400CountyKINGAPN132202-0090Fireplace TypeHas Fireplace

Schools near 115 South 339th Circle

This home is within Federal Way School District.
Rating
School
Type
Grades
Distance
Panther Lake Elementary School
Public - PK to 5
Illahee Middle School
Public - 5 to 8
Todd Beamer High School
Public - 9 to 12
Support School
Public - PK to 12
Rating
School
Distance
Panther Lake Elementary School
PublicPK to 5

Illahee Middle School
Public5 to 8

Todd Beamer High School
Public9 to 12

Support School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skyline Properties, Inc.

Based on information submitted to the MLS GRID as of 05/24/2026 04:01 AM. 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 information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.