Listed by Jerome Walters, Tribeca NW Real Estate
- 3,532
- Square feet
- $241
- Per sq ft
- Multi Family
- Type
- 1986
- Year built
- 13,939 sq ft
- Lot
- 45
- Days on market
About this property
Come and see! Perched among a lush canopy of trees in Federal Way’s coveted Redondo neighborhood, this loaded property offers incredible income potential. Spanning 3,852 square feet, this exceptional property is thoughtfully designed as three completely separate, fully equipped living spaces, making it the ultimate setup to live in one unit and rent the other two, host multi-generational living, or lease all three for maximum investment returns. Every single residence boasts its own private kitchen, dedicated in-unit laundry, and an expansive deck designed to soak in the tranquil treed overlook and coastal air. Inside, the home features two expansive primary residences alongside a charming studio apartment above the two-car garage. The 1,530-square-foot main-level unit and the 1,430-square-foot lower-level unit each offer two bedrooms, two bathrooms, and remarkably spacious living areas. Tucked above the garage, the 572-square-foot apartment captures true canopy views, giving tenants or guests their own secluded haven. All this comes with a detached two-car garage and plenty of extra off-street parking. Minutes from the vibrant Redondo Beach boardwalk and Saltwater State Park trails, this unique retreat combines coastal Northwest living and unmatched financial versatility with major commuter convenience, with its proximity to major commuter routes like I-5 and Route 99, shopping hubs including The Commons at Federal Way, and light rail and bus extensions.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2567104
- Listed
- August 12, 2026
- Days on market
- 45
- Price per sq ft
- $241
Unit & building
- Stories in building
- 2
- Units in building
- 3
Parking
- Covered spaces
- 2
- Total spaces
- 5
Views
- View
- PartialTerritorial
Construction
- Year built
- 1986
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Composition
Heating & cooling
- Heating
- Forced AirWall Furnace
- Cooling
- Forced AirHeat Pump
- Energy source
- Electric
Flooring
- Flooring
- Ceramic TileHardwoodVinylVinyl PlankCarpet
Lot
- Lot features
- Corner LotCurbsPaved
- Lot size
- 13,939 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Federal Way
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Partial
- Territorial
- Duplex
- Composition
- Forced Air
- Wall Furnace
- Heat Pump
- Electric
- Ceramic Tile
- Hardwood
- Vinyl
- Vinyl Plank
Listing history
Listed
$849,500
August 12, 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
$4,947
- Principal & interest
- $4,296
- Property tax (est.)
- $651
Assumes $169,900 down (20%), a $679,600 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 September 27, 2026 at 7:45 AM 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.