Federal Way, WA 98003,1816 S 312th ST
Federal Way, WA 98003,1816 S 312th ST
Federal Way, WA 98003,1816 S 312th ST
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Listed by WeLakeside
$649,000
Est. payment /mo
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2 Beds
1.75 Baths
1,120 SqFt
New

1816 S 312th ST Federal Way, WA 98003

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $579

Subdivision Federal Way

MLS Listing ID 2424886

Style 10 - 1 Story

Bedrooms 2

Full Baths 1

Year Built 1957

Annual Tax Amount $5,180

Lot Size 0.602 Acres

Property Sub-Type Single Family Residence

Property Description

Prime development opportunity or those seeking long-term rental income or starter home in the heart of Federal Way! This expansive 26,224 sq ft corner lot is zoned RM-1800, possibly allowing for up to 14 multifamily units—ideal for builders, investors. The property includes a charming 2-bedroom starter home with utilities already on-site (water, sewer, electricity), plus gas available at the street. Located directly across from retail and just minutes from The Commons Mall, I-5 access, and public transit, this site offers unbeatable convenience and walkability. Whether you're looking to build now or hold for future appreciation, this parcel delivers flexibility, location, and upside.

Location

State WA

County King

Area 110 - Dash Point/Federal Way

Rooms

Main Level Bedrooms 2

Interior

Flooring Hardwood

Fireplace false

Exterior

Exterior Feature Cement Planked

Garage Spaces 2.0

Amenities Available Cable TV, Fenced-Partially

View Y/N Yes

View City, Territorial

Roof Type Composition

Garage Yes

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Story One

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Federal Way

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


Northwest MLS (NWMLS)

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agent

Sievers Real Estate

+1(253) 851-0745

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1816 S 312th ST