Redondo Homes with 56 - 10+ Units Style

Welcome to Redondo, a charming neighborhood nestled in the heart of Federal Way, Washington. Known for its breathtaking waterfront views and a vibrant community spirit, Redondo offers a perfect blend of natural beauty and suburban convenience. This picturesque locale is situated along the shores of Puget Sound, where residents can enjoy stunning sunsets, tranquil beach walks, and a variety of outdoor recreational activities.

Redondo is particularly attractive for those seeking spacious homes with 56 to 10+ units, making it an ideal choice for families and investors alike. The architecture in this area features a delightful mix of modern designs and classic styles, ensuring that there’s something for everyone. Many of these homes boast ample living space, well-manicured lawns, and easy access to nearby parks and amenities.

The neighborhood is not just about beautiful homes; it also offers a wealth of local attractions. Residents can explore the nearby Redondo Beach, perfect for picnics and water sports, or visit the local shops and restaurants that contribute to the area's vibrant atmosphere. With excellent schools and a strong sense of community, Redondo is an inviting place for families to settle down.

Commuters will appreciate the easy access to major highways and public transportation options, making it convenient to travel to Seattle and surrounding areas. Whether you’re looking to invest in a multi-unit property or find your forever home, Redondo in Federal Way is a hidden gem that promises a fulfilling and enriched lifestyle. Come discover the charm of Redondo today!

Newest Redondo Homes with 56 - 10+ Units Style

$4,950,000

2564976 MLS ⋅ ACTIVE Status

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.

30323 15th Court S, Federal Way

Listing courtesy of Northmarq Multifamily, LLC.

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