Listed by James F. Smith, Berkshire Hathaway HS NW
- 2,350
- Square feet
- $213
- Per sq ft
- Multi Family
- Type
- 1962
- Year built
- 7,500 sq ft
- Lot
- 0
- Days on market
About this property
INVESTOR ALERT! Bring your hard hat and unlock the potential! Opportunity knocks in Federal Way with this income-producing duplex situated on a spacious, fully fenced lot with excellent access to freeways, shopping, and public transportation. Both units have a strong rental history and are always rented, making this an attractive opportunity for investors looking to add a cash-flowing property to their portfolio. The upper unit offers approximately 1,450 sq ft with 3 bedrooms and 1 bathroom, plus a dishwasher and cozy fireplace. It also features a 1-car garage and access to the property's RV parking. The lower unit provides approximately 950 sq ft with 2 bedrooms and 1 bathroom, along with a dishwasher and fireplace. A separate laundry room adds convenience for the property. With 5 bedrooms and 2 bathrooms combined, a generous lot, garage, RV parking, and convenient location, this duplex offers plenty of potential for an investor willing to bring vision and a little sweat equity. Value add opportunity, solid rental demand, and location make this one worth a look! Bring your hard hat and imagination, this could be the investment opportunity you've been waiting for!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2582168
- Listed
- September 15, 2026
- Days on market
- 0
- Price per sq ft
- $213
Unit & building
- Stories in building
- 2
- Units in building
- 2
Parking
- Parking
- RV Parking
- Covered spaces
- 1
- Total spaces
- 5
Views
- View
- Territorial
Construction
- Year built
- 1962
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Composition
Heating & cooling
- Heating
- BaseboardForced Air
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- VinylCarpet
Lot
- Lot features
- CurbsHigh Voltage LinePaved
- Lot size
- 7,500 sq ft
Terms
- Terms offered
- CashConventionalRehab Loan
Utilities
- Water
- Lakehaven Water
- Sewer
- Lakehaven Water
- Power
- PSA
Schools
- District
- Federal Way
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- RV Parking
- Territorial
- Duplex
- Composition
- Baseboard
- Forced Air
- None
- Electric
- Natural Gas
- Vinyl
- Carpet
- Curbs
Listing history
Listed
$499,950
September 15, 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
$2,911
- Principal & interest
- $2,528
- Property tax (est.)
- $383
Assumes $99,990 down (20%), a $399,960 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 September 15, 2026 at 5:00 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.