Bought with: Realty One Group Pacifica
$465,000
$499,950
7.0%For more information regarding the value of a property, please contact us for a free consultation.
29440 18th AVE S Federal Way, WA 98003
6 Beds
2 Baths
2,350 SqFt
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,350 sqft
Price per Sqft $197
Subdivision Federal Way
MLS Listing ID 2582168
Sold Date 10/20/26
Style 52 - Duplex
Bedrooms 6
Year Built 1962
Annual Tax Amount $5,765
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
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!
Location
State WA
County King
Area 110 - Dash Point/Federal Way
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Garage Spaces 1.0
Amenities Available Cable TV, Fenced-Fully, Gas Available, RV Parking
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Curbs, High Voltage Line, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Federal Way
Others
Senior Community No
Acceptable Financing Cash, Conventional, Rehab Loan
Listing Terms Cash, Conventional, Rehab Loan
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NEARBY SCHOOLS & BUSINESSES

Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker License ID: 17157





