Substantial Price Reduction because one unit sold separately. Bring your Investor to this Portfolio of 6 Condominiums at Maplewood. One owner and a board member for more than 20 years. All units have new upgraded electrical panels, water heaters, roofs, energy-efficient vinyl windows and more. (4) 2-bedroom units and (2) 1 bedroom with spacious living rooms with private decks and patios with much greenery. Great full-time staff and optional rental group membership to make this a Turnkey investment with nothing to do but see the rental checks come in and grow. Even add or sell units to your portfolio. Conveniently located near Twin Lakes golf course, shopping, Dash Point, and major transit options, including the light rail and I-5.
Listed by Scott Rochlin
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Berkshire Hathaway HS NW
Last updated October 22, 2025
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Source: NWMLS #2381328
Listing Facts
TypeCondo
NeighborhoodFederal Way-Auburn
Bedrooms12
Bathrooms7
Days on Prevu140
HOA/Maint. Fees$3,050/month
Taxes$14,262/year
Amenities
Pets Allowed
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
10/23/2025
Price Decreased
$1,199,000
06/06/2025
Listed by Berkshire Hathaway HS NW
$1,450,000
Property Details for 4520 321 Street
Association
Amenities
Community Features: Pool
Pets Allowed: Subject to Restrictions
Fees
Association Fee: $3,050.00 Monthly
Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Security, Sewer, Trash, Water
General
Number Of Units In Community: 172
Exterior
Construction
Number Of Units Total: 172
Roof: Composition
Stories Total: 2
Structure Type: Multi Family
Year Built: 1977
Building Name: Maplewood Condominiums
Construction Materials: Wood
Exterior Features: Wood
Measurements
Building Area Total: 4,376
Building Area Units: Square Feet
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 512600042000
Tax Annual Amount: $14,262.00
Tax Year: 2025
Interior
Rooms
Bathrooms Full: 7
Bathrooms Total Integer: 7
Bedrooms Total: 12
Main Level Bathrooms: 7
Main Level Bedrooms: 12
Other
Location
Subdivision Name: Twin Lakes
Parking
Parking
Parking Features: Uncovered
Schools
Elementary School
Elementary School: Buyer To Verify
High School
High School: Buyer To Verify
High School District: Federal Way
Middle or Junior School
Middle Or Junior School: Buyer To Verify
Utilities
Equipment
Has Heating: Yes
Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
