Property Details
28400 16th Avenue S
Federal Way, WA 98003
$849,500
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Redondo
Listed
Aug 12, 2026
Structure Type
Duplex
Parcel Number
3322049198
Tax & HOA
Annual Property Tax
$710 (2026)
Est. Monthly Tax
$59/mo
Financial Summary
Total Expenses
$1,110
Building & Use
Building Sq Ft
3,532
Leasable Area
3,532 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
13,939 sqft
Year Built
1986
Exterior & Lot
Lot Size
0.32 sqft
Year Built
1986
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Curbs, Paved
Exterior Features
Wood
Community & Access
Directions
GPS friendly
Location
City
Federal Way
County
King
Coordinates
47.34675, -122.31341
Additional Information
Tax Year
2026
Annual Taxes
$710
Possession
Array
Based on information submitted to the MLS GRID as of August 13, 2026 12:00 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
