Property Details
31327 12th Place S
Federal Way, WA 98003
$559,950
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About This Home
Welcome to this beautifully updated Federal Way property, ideally located just minutes from shopping, dining, and commuter routes. The main home and ADU have been thoughtfully updated within the last two years to include brand new exterior paint, updated kitchens, flooring, bathrooms, and a new roof! 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. 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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
King
Neighborhood
Mirror Lake
Listed
Jul 29, 2026
Structure Type
House
Parcel Number
7875200150
Tax & HOA
Annual Property Tax
$5,300 (2026)
Est. Monthly Tax
$442/mo
Interior Features
Bedrooms
3
Bathrooms
2.0
Living Area
1,440 sq ft
Basement
None
Entry Level
Main
Interior Features
Second Kitchen, Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
Exterior & Lot
Lot Size
0.22 sqft
Year Built
1955
Exterior Materials
Wood
Parking
Driveway, Attached Garage, Off Street
Sewer
Septic Tank, Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood, Wood Products
Community & Access
Directions
From I-5, take exit 143 and head East on 320th St. Right on 23rd. 2nd exit on roundabout to stay on 23rd. Left on 312th. Left on 13th. Continue to 12th. Home on the right.
Location
City
Federal Way
County
King
Coordinates
47.32085, -122.31810
Schools
School District
Federal Way
Elementary School
Mirror Lake Elem
Middle School
Sacajawea Jnr High
High School
Federal Way Snr High
Additional Information
Tax Year
2026
Annual Taxes
$5,300
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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