34005 1st Cir S

4
Baths
3,905 Sq. Ft.
$254 / Sq. Ft.
3,905
Sq. Ft.
$254
per Sq. Ft.

Description

This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy...This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy access to I-5, Hwy 99, and Hwy 18.
  1. Listed by Ton N. Nguyen • 360 Pacific
    P: (206)-850-0107 tonnguyen@360-Pacific.com

Property Details for 34005 1st Circle South

Community Name
Federal Way
School District
Federal Way
View
Territorial
Total Covered Parking
0
Entry Date
02-10-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 02/23/2026 11:13 AM

Property Details for 34005 1st Circle South

StatusActive
MLS #2478223
Days on Market87
Cumulative Days on Market87
Taxes$9,599 / year
HOA Fees$712 / month
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.24 AC / 10,449 SF
CountyKing County

Location

Listing Courtesy of 360 Pacific
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Building Information for 34005 1st Circle South

Stories2Residences4Year Built1979Building Size-Lot Size0.24 AC / 10,449 SF

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Principal and Interest

$4,985

Property Taxes

$800

HOA Dues

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Property Information for 34005 1st Circle South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 110 - Dash Point/Federal Way
  • Effective Year Built Source: Public Records
  • Directions: GPS
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking: No
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, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 8541
  • Power Company: PSE
  • Sewer Company: HOA
  • Water Company: HOA
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1979
  • Photos Count: 17
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 1322020350
  • Building Condition: Good
  • Calculated Square Footage: 3905
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3905.0
  • 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 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: 20972
  • Gross Adjusted Income: 63060
  • Gross Rent Multiplier: 17.36
  • Gross Scheduled Income: $57,000
  • Insurance Expense: $2,832
  • Net Operating Income: $42,088
  • Other Expenses: $0
  • Total Monthly Income: 5255
  • 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: 976
  • Rent Unit 1: $1,750.00
  • 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: 976
  • Rent Unit 2: $1,500.00
  • 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: 976
  • Rent Unit 3: $.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: 976
  • Rent Unit 4: $1,500.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4036.0

Property History for 34005 1st Circle South

DateEvent & SourcePriceAppreciation
Feb 10, 2026

Listed (Active)

NWMLS #2478223

$990,000—
Sep 29, 2017

Sold

NWMLS #1150676

$535,000—
Aug 29, 2017

Sold (Public Record)

Public Record #606062703

$535,000

+1.9% / yr

DateEvent & SourcePrice
02/10/2026

Listed (Active)

NWMLS #2478223

$990,000
09/29/2017

Sold

NWMLS #1150676

$535,000
08/29/2017

Sold (Public Record)

Public Record #606062703

$535,000

+1.9% / yr

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

Public Records for 34005 1st Circle South

Taxable ValueLand$208,000Additions$721,000Total$929,000
Tax Record2025$10,346 ($862 / month)
Home Facts
Total Finished SqFt3,904 SqFtAbove Ground SqFt3,904 SqFtStories2Lot Size10,449 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated2005ZoningRM2400CountyKINGAPN132202-0350Fireplace TypeHas Fireplace

Schools near 34005 1st Circle South

This home is within Federal Way School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 8
Public - 9 to 12
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.

Similar Homes

Similar Sold Homes

34005 1st Circle South is a multi-family home for sale in Federal Way, WA 98003. This property was listed for sale on February 10, 2026 by 360 Pacific, it's currently listed at $990,000. It has been on the market for a total of 87 days and was last sold on September 29, 2017. This listing's school district is Federal Way School District. Nearby schools include Panther Lake Elementary School, Illahee Middle School and Todd Beamer High School. 34005 1st Circle South is a 8-bed, 4-bath, 3,905 sqft multi-family home built in 1979.

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 360 Pacific

Based on information submitted to the MLS GRID as of 02/23/2026 11:13 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.