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$559,950
3 Beds ⋅ 2 Baths ⋅ 2560731 MLS ⋅ ACTIVE Status
Welcome to this beautifully updated Federal Way property, ideally located just minutes from shopping, dining, and commuter routes. Featuring a versatile layout with a fully separate ADU, this home offers the perfect opportunity for multigenerational living, supplemental rental income, or a savvy investment. The main home and ADU have been thoughtfully updated within the last two years to include updated kitchens, flooring, bathrooms, and a new roof! NEW EXTERIOR PAINT PENDING/OR SELLER CREDIT! Outside, you’ll find both a large fully fenced front yard and backyard. Whether you’re looking to offset your mortgage with rental income or expand your investment portfolio, this property delivers exceptional flexibility. The main home has a strong rental history at approximately $2,290 per month, while the ADU has rented for approximately $1,350 per month, creating an attractive income-producing opportunity.

31327 12th Place S, Federal Way

Listing courtesy of Better Properties UP/Fircrest.

$535,000
3 Beds ⋅ 1 Baths ⋅ 2561641 MLS ⋅ ACTIVE Status
Beautifully updated 3-bedroom, 1-bath rambler on a spacious, level lot in a prime location just minutes to Dash Point State Park and Redondo Beach. The thoughtfully remodeled interior features an open-concept floor plan and a stunning chef's kitchen with a massive quartz island, perfect for entertaining and everyday living. All appliances are included, making this home truly move-in ready. Major updates completed in 2018 include electrical, plumbing, a high-efficiency gas furnace, and a durable lifetime metal roof, offering modern comfort and lasting peace of mind. Enjoy year-round outdoor living in the screened-in covered patio overlooking the fully fenced backyard with a charming gazebo, mature fruit trees, and a garden shed. The oversized lot also offers rare RV parking with a dedicated drain plus plenty of off-street parking. Conveniently located near shopping, dining, commuter routes, and within the Federal Way School District. No HOA.

413 SW 305th Street, Federal Way

Listing courtesy of KW Lake Washington So.

$715,000
5 Beds ⋅ 2 Baths ⋅ 2551807 MLS ⋅ ACTIVE Status
This property meets all of the legal requirements to operate an adult family home business, with one through six residents, but it has capacity for up to eight (two single rooms and three doubles). The sale conveys the lease agreement with the tenant. AFH business is separately for sale, listed in business opportunity, (MLS 2562631). Owner prefers to sell jointly. Business sale includes the State of Washington business license, 1 or 2 residents, and 1 or 2 temporary licensed staff. Annual gross sales accounts from a 50% occupancy capacity. The income-generating rambler sits on a 10,000 plus square-foot lot in the Mirror Lake community in Federal Way. The owner spent nearly $100,000 to renovate the property: updated the bathrooms, added two additional bedrooms, and turned the one-car garage into a laundry and storage room. The business home features: ADA accessible ramps at both entrances; hardwood floors and carpets throughout; a wood fireplace and an enormous street-facing window in the living room, with an open-dividing wall between it and the kitchen and dining room; wooden cabinets; French doors that open to a manicured PNW yard; and a master bedroom with a half ensuite. All appliances convey with the home, including: Kenmore Elite induction stove, Samsung fridge, washer and dryer, a wooden dining table, and some medical equipment and state-of-the-art medical beds.

Federal Way

Listing courtesy of Keller Williams North Seattle.

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