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Ardivusx Brivity

Sooper Dooper Guy | Robert Davis's Site

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30323 15th Ct S , Federal Way, WA 98003
$4,950,000
Est. Payment: $27,407.44/mo
36 Bed
36 Bath
18180 Sqft
0.96 Acres
Status: active | Days on site: 62
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10342 - 54887
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Ardivusx Brivity, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Ardivusx Brivity
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House Description

We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.
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Highlights

Listed by Steve Fischer , 425-830-2254 Northmarq Multifamily, LLC , 952-356-0100. Northwest Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.96

Year Built

1976

County

King

Area

120 - Des Moines/Redondo

 Neighborhood

Redondo

 School District

Federal Way

Listing ID

2564976

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:36
  • ▪ Bathrooms:36
Floor:Laminate,Vinyl,Vinyl Plank,Carpet
Water:Lakehaven Water & Sewer District

Exterior Features

Lot:Cul-De-Sac,Curbs,Paved,Patio,Zoning: Multi-Family
Garage Capacity:36
Zoning:Multi-Family
Roof:Metal
Others:
  • ▪ Additional:Wood Products, Updated/Remodeled
Sewer:Lakehaven Water & Sewer District
Parking Features:Covered
Principal Interest
$27,407
Taxes
$4,155

Home Price

$4,950,000

Loan Details

30 yrs
7.396%

Down Payment

20%
$990,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$27,407.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $27,407.44 $4,155.42 $0.00 $31,562.85
Yearly $328,889.22 $49,865.00 $0.00 $378,754.22
Total $9,866,676.64 $1,495,950.00 $0.00 $11,362,626.64
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Market insight data is pulled from the same city as the listing being viewed (Federal Way, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-10-12T21:49:16.000Z

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