Pending · Residential Income

29440 18th Avenue S, Federal Way, WA 98003

Federal Way, WA 98003

$499,950

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Berkshire Hathaway HS NW · MLS #2582168 · Pending

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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 4 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!

Property details

Property type: Multi Family
Year built: 1962
Lot size: 7,500 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $5,765 (2026)
Parking spaces: 5
School district: Federal Way

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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