$649,000

1816 S 312th Street, Federal Way, WA 98003

  • 2 beds |
  • 2 baths |
  • 1,120 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon0.6acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $579/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

This listing courtesy of Heidi Lee, WeLakeside

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.

Listing Status:
Active
Listing Office:
WeLakeside : 425-246-1453
Listing Agent:
Heidi Lee : 425-246-1453
MLS ID:
2424886
  • Flooring: Hardwood
  • A/C: None
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Heidi Lee, WeLakeside

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

I

Internet Academy

31455 28th Ave S, Federal Way, WA, 98003

Grades PK-12

0.57 miles away

I

Internet Academy

31455 28th Ave S, Federal Way, WA, 98003

Grades PK-12

0.57 miles away

F

Federal Way High School

30611 16th Ave S, Federal Way, WA, 98003

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby