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$649,000
New Listing
1816 S 312th StreetFederal Way, WA 98003
For Sale|Single Family Residence|Active
2
Beds
2
Total Baths
1
Full Bath
1
Partial Bath
1,120
SqFt
$579
/SqFt
1957
Built
Subdivision:
Federal Way
County:
King
Courtesy of NWMLS
Listing courtesy of Heidi Lee of WeLakeside
Listing courtesy of Heidi Lee of WeLakeside
Call Now: (360) 219-9514
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(360) 219-9514
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Monthly Payment (Est.)
$2,961Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Prime development opportunity or those seeking long-term rental income or starter home in the heart of Federal Way! This expansive 26,224 sq ft corner lot is zoned RM-1800, possibly allowing for up to 14 multifamily units—ideal for builders, investors. The property includes a charming 2-bedroom starter home with utilities already on-site (water, sewer, electricity), plus gas available at the street. Located directly across from retail and just minutes from The Commons Mall, I-5 access, and public transit, this site offers unbeatable convenience and walkability. Whether you're looking to build now or hold for future appreciation, this parcel delivers flexibility, location, and upside.
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Listing Snapshot
Price
$649,000
Days On Site
0 Days
Bedrooms
2
Inside Area (SqFt)
1,120 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
0.602 Acres
Year Built
1957
MLS® Number
2424886
Status
Active
Property Tax
$5,180.72
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 hours ago | Listing updated with changes from the MLS® | |
| 7 hours ago | Listing first seen on site |
General Features
Acres
0.602
Attached Garage
Yes
Direction Faces
South
Garage
Yes
Garage Spaces
2
Lease Term
Short Term Lease
Parking
Attached
Parking Spaces
2
Property Sub Type
Single Family Residence
SqFt Total
1120
Stories
One
Utilities
Cable AvailableSewer Connected
Water Source
Public
Zoning
RM-1800
Interior Features
Flooring
Hardwood
Heating
ElectricForced Air
Main Level Bedrooms
2
Bathroom Full
Level – Main
Bathroom Three Quarter
Level – Main
Bedroom
Level – Main
Kitchen
Level – Main
Living Room
Level – Main
Master Bedroom
Level – Main
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Exterior Features
Construction Details
Cement Siding
Exterior
Garden
Fencing
Partial
Lot Features
Corner LotPaved
Roof
Composition
View
CityTerritorial
Waterview
CityTerritorial
Community Features
Financing Terms Available
Conventional
MLS Area
110 – Dash Point/Federal Way
School District
Federal Way
Schools
School District
Federal Way
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Courtesy of NWMLS
Listing courtesy of Heidi Lee of WeLakeside
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-08-28 02:07 PM PDT
Listing courtesy of Heidi Lee of WeLakeside
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-08-28 02:07 PM PDT
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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