31327 12th Place S, Federal Way, WA 98003
Listed by Evann Grealish, Better Properties UP/Fircrest
$559,950
$389 per sq ft
31327 12th Place S, Federal Way, WA 98003
Federal Way, WA, 98003
- Beds
- 3
- Baths
- 2
- Sq ft
- 1,440
- Built
- 1955
- Parking
- Driveway, Attached Garage, Off Street
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 3
- Bedrooms
- 2
- Bathrooms
- 1,440
- Square feet
- $389
- Per sq ft
- Single Family Residence
- Type
- 1955
- Year built
- 9,375 sq ft
- Lot
- 105
- Days on market
About this property
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, and 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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2560731
- Listed
- July 29, 2026
- Days on market
- 105 (includes a prior listing period)
- Price per sq ft
- $389
Unit & building
- Building
- Soundcrest Div 2
- Unit levels
- One
Parking
- Parking
- DrivewayAttached GarageOff Street
- Covered spaces
- 1
- Total spaces
- 1
Views
- View
- Territorial
Construction
- Year built
- 1955
- Style
- 10 - 1 Story
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced AirHeat Pump
- Cooling
- Forced AirHeat Pump
- Energy source
- ElectricPropane
Interior features
- Features
- Second KitchenDbl Pane/Storm WindowDining RoomFireplaceWater Heater
- Fireplaces
- 1
- Fireplace type
- Wood Burning
Flooring
- Flooring
- LaminateVinyl
Appliances
- Appliances
- DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer
Community & building features
- Bus line nearby
- Yes
Lot
- Lot features
- Paved
- Lot size
- 9,375 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Lakehaven
- Sewer
- Lakehaven (Unit A) & Septic (Unit B)
- Power
- Puget Sound Energy
Schools
- District
- Federal Way
- Elementary
- Mirror Lake Elem
- Middle
- Sacajawea Jnr High
- High
- Federal Way Snr High
Listing history
Listed
$559,950
July 29, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$3,260
- Principal & interest
- $2,831
- Property tax (est.)
- $429
Assumes $111,990 down (20%), a $447,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 29, 2026 at 2:30 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.