Federal Way, Washington

Lakestreet Property Management is a property management firm serving the area of Federal Way, WA. We make the whole process stress-free by walking you through the steps of renting your home or investment property without the hassle of doing it yourself. We have systems in place to protect you and your property if something goes wrong.

We manage all types of residential rental properties, including houses, condos, multiplexes such as duplexes and triplexes, and even small apartment complexes. Furthermore, some Real Property Management offices manage Homeowner Associations (HOAs), institutionally owned and real estate organization Real Estate Owned (REO) properties, and commercial property.

Whether you own one or several rental properties, our goal is to protect and maximize your property investment. Our 30 years of property management experience has allowed us to streamline our processes in order to assist rental homeowners in maximizing rental income while minimizing expenses and inefficiencies.

Federal Way is a city in King County, Washington, located within the Seattle metropolitan area. The population was 89,306 at the 2010 census and an estimated 96,289 in 2019. Federal Way is the tenth-largest city in Washington and the fifth-largest in King County, according to the Census Bureau’s 2019 population estimate.

Originally a logging settlement, the area was first called “Federal Way” in 1929. The name derived from Federal Highway U.S. 99 (now State Route 99 or Pacific Highway South), which ran from Everett and Seattle to Tacoma. The name “Federal Way” was first used in 1929 when five existing schools consolidated operations into School District #210 and planned construction of Federal Way High School, which opened in 1930 and gave its name to the school district. The local chamber of commerce adopted the name in the early 1950s.

Attempts to incorporate the city were voted down in 1971, 1981 and 1985. The voters eventually approved incorporation as a city on February 28, 1990; the official act of incorporation was held at the Sportsworld Lanes bowling complex.

Property Management Firm in Federal Way,, Washington | Lakestreet Property Management