Bought with Kelly Right RE of Seattle LLC
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1816 S 312th ST Federal Way, WA 98003
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Key Details
Sold Price $610,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $544
Subdivision Federal Way
MLS Listing ID 2424886
Sold Date 09/19/25
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
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