Condo Investment Properties for Sale in Federal Way, WA
7- 2 Bed
- 2 Bath
- 960 sft
127- 2 Bed
- 2 Bath
- 928 sft
303- 2 Bed
- 2 Bath
- 910 sft
78- 2 Bed
- 2 Bath
- 910 sft
Why Invest in Federal Way, Washington?
Federal Way condos offer a compelling entry point into the Seattle metropolitan real estate market with a median price of $600K and strong rental demand. The area attracts significant inbound migration from major metros like Spokane, Houston, and San Francisco, supporting long-term appreciation potential. With homes receiving multiple offers and selling in approximately 46 days, the condo segment benefits from competitive market dynamics and steady tenant interest. The mid-price positioning ($400K–$650K range) aligns well with investor acquisition strategies in a supply-constrained Pacific Northwest market.
Frequently Asked Questions
Federal Way condos typically generate rental yields of 3.8–4.2%, with average monthly rents around $1,900. This yield is supported by strong inbound migration and consistent tenant demand from professionals relocating to the Seattle metro area.
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