Redondo Homes with 56 - 10+ Units Style

Welcome to the vibrant neighborhood of Redondo, nestled within the picturesque city of Federal Way, Washington. This charming community is a hidden gem located along the stunning shores of Puget Sound, offering residents a perfect blend of natural beauty and urban convenience. With its lush parks, sandy beaches, and captivating waterfront views, Redondo is a haven for outdoor enthusiasts and families alike.

Redondo boasts a diverse array of homes, particularly featuring properties with 56 to 10+ units, catering to a variety of lifestyles and preferences. Whether you're seeking a spacious multi-family residence or a cozy townhouse, this neighborhood has something for everyone. The architecture reflects a harmonious blend of modern design and classic charm, making it an appealing choice for both investors and those looking to settle down.

The community is known for its friendly atmosphere and strong sense of belonging, where neighbors become friends and local businesses thrive. Residents can enjoy leisurely strolls along the waterfront, picnics in the nearby parks, or simply soaking in the breathtaking views of the Olympic Mountains. Redondo is also conveniently located near major thoroughfares, providing easy access to Seattle and Tacoma, making it an ideal spot for commuters.

Families will appreciate the top-rated schools in the area, along with numerous recreational facilities that promote an active lifestyle. With a rich blend of community spirit, natural beauty, and a variety of housing options, Redondo is more than just a place to live—it's a place to call home. Come explore all that this delightful neighborhood has to offer!

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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