Redondo Homes with 56 - 10+ Units Style

Welcome to the vibrant neighborhood of Redondo, nestled in the heart of Federal Way, Washington. This charming coastal community is known for its stunning views of Puget Sound and the majestic Olympic Mountains, making it a picturesque location for families and individuals alike. With its rich blend of natural beauty and suburban convenience, Redondo offers an idyllic setting for those looking to settle down in the Pacific Northwest.

Redondo is characterized by its close-knit community feel, where neighbors become friends and local businesses thrive. Residents enjoy easy access to the waterfront, where they can indulge in leisurely strolls along the beach, partake in water sports, or simply relax while soaking up the sun. The nearby Redondo Beach Park offers ample opportunities for picnicking and enjoying outdoor activities, making it a perfect spot for weekend gatherings.

For those interested in real estate, Redondo boasts a variety of homes, particularly those with 56 to 10+ units. These properties provide a unique opportunity for investors and homeowners alike, offering spacious living arrangements and the potential for community engagement. The architectural styles vary, ensuring that there’s something for everyone, from modern designs to more traditional aesthetics.

With excellent schools, parks, and shopping options nearby, Redondo is not just a place to live; it’s a lifestyle choice. Embrace the charm of this coastal community and discover your dream home in Redondo, where every day feels like a vacation. Whether you're looking for a serene retreat or an active lifestyle, Redondo has it all!

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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