Property Photo: 1816 S 312th Street WA 98003

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Listing Courtesy of:

Northwest MLS / Welakeside and Kelly Right Re Of Seattle LLC

1816 S 312th Street Federal Way, WA 98003

Sold on 09/19/2025

$610,000 ^(USD)

BED

BATH

1,120

SQFT

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Description

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.

MLS #:
2424886

Taxes
$5,181(2025)

Lot Size
0.6 acres

Type
Single-Family Home

Building Name
Solano Heights

Year Built
1957

Style
1 Story

Views
City, Territorial

School District
Federal Way

County
King County

Community
Federal Way

Listed By

Heidi Lee, Welakeside

Bought with
Sandy B. Vuong, Kelly Right Re Of Seattle LLC

Source
Northwest MLS as distributed by MLS Grid
Last checked Jan 12 2026 at 3:04 AM PST

Bathroom Details

Full Bathroom: 1
3/4 Bathroom: 1

Subdivision

Federal Way

Lot Information

Corner Lot
Curbs
Sidewalk
Paved

Property Features

Cable Tv
Fenced-Partially
Fireplace: 0
Foundation: Poured Concrete

Heating and Cooling

Forced Air

Flooring

Hardwood

Exterior Features

Cement Planked
Roof: Composition

Utility Information

Sewer: Sewer Connected
Fuel: Electric

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Parking

Attached Garage

Stories

Living Area

1,120 sqft

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Aug 28, 2025

Listed

$649,000

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: Based on information submitted to the MLS GRID as of 1/11/26 19:04. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.