$525,000

3 Beds 1 Baths 1,390 SQFT 0.20 Acres

Type: Single Family

1055 S 317th Street
Federal Way, WA 98003

MLS#: 2474944

Presented by: Skyline Properties, Inc. and NWMLS

Property Description

Discover this prime 3bed/1bath plus bonus room single-family rambler home in Federal Way! Perfectly suited for investors or future owner-occupants! This 1,390 sq.ft. home sits on a spacious 8,505 sq.ft. level lot. It is currently tenant-occupied on a flexible month-to-month lease, providing immediate rental income while maintaining long-term versatility. The interior features a cozy living room with a fireplace and a bright kitchen with a dedicated eating space. A large bonus room (den/office) off the kitchen offers endless possibilities as a gym, extra bedroom, or hobby space. Enjoy a large deck and a huge, fully-fenced backyard complete with a concrete slab and basketball hoop. Newly installed LVP floor thoughtout the house, fresh interior paints, a new washer, and newer gas water heater. Just munites to FW Downtown Light Rail, The Commons Mall, groceries, restaurants, parks, Seatac airport, and major freeways. Perfect location connecting Seattle & Tacoma! Lots of potentials!

Interior Features

Bedrooms

Bedrooms Lower0

Bedrooms Upper0

Main Level Bedrooms3

Total Bedrooms3

Bathrooms

3/4 Baths0

Bathrooms1

Baths Full Garage0

Baths Full Lower0

Baths Full Main1

Baths Full Upper0

Baths Half Garage0

Baths Half Lower0

Baths Half Main0

Baths Half Upper0

Baths Three Quarter Garage0

Baths Three Quarter Lower0

Baths Three Quarter Main0

Baths Three Quarter Upper0

Half Baths0

Total Baths1

Other Interior Features

Air Conditioning Y/NNo

BasementNone

Fireplace FeaturesGas, Wood Burning

Fireplace Y/NYes

Fireplaces Main1

FlooringLaminate, Vinyl Plank

Heating Y/NYes

Interior AmenitiesDouble Pane/Storm Window, Dining Room, Fireplace, Water Heater

Power Production TypeElectric, Natural Gas

Total Fireplaces1

Water Heater LocationUtility Room

Water Heater TypeGas

General

AppliancesDishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)

Attached Garage No

Building Area Units0 sqft

Carport Y/NNo

CityFederal Way

CoolingNone

CountyKing

DirectionsPls follow GPS which is correct!

Elementary SchoolBuyer To Verify

Entry LocationMain

Full Baths1

HOANo

HOA Fee$0

HeatingForced Air

High SchoolBuyer To Verify

High School DistrictFederal Way

Land Lease Y/NNo

LevelsOne

Listing TermsCash Out, Conventional, FHA, VA Loan

Living Area1,390 sqft

Lot Size Square Feet8,505 sqft

Lot Size UnitsSquare Feet

MLS Area110 - Dash Point/Federal Way

Middle/Junior High SchoolBuyer To Verify

NWM_ShowMapLinkY

New ConstructionNo

PossessionClosing, See Remarks, Subject to Tenant Rights

Property ConditionVery Good

Property Style10 - 1 Story

Property SubtypeSingle Family Residence

Property TypeResidential

Public RemarksDiscover this prime 3bed/1bath plus bonus room single-family rambler home in Federal Way! Perfectly suited for investors or future owner-occupants! This 1, 390 sq.ft. home sits on a spacious 8, 505 sq.

RoofComposition

Security FeaturesFully Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeHouse

Subdivision NameFederal Way

Tax Annual Amount$4,577

Tax Year2025

TopographyLevel

Total Actual Rent2850

ViewTerritorial

Water CompanyLakehaven

Year Built1968

Exterior

Building Area Total1,390 sqft

Covered Spaces0

Exterior AmenitiesWood, Wood Products

Foundation DetailsPoured Concrete

InclusionsDishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)

Irrigation Water Rights Y/NNo

Lot FeaturesPaved

Lot Size Acres0.1952

Parking FeaturesDriveway

Site FeaturesDeck, Fenced-Fully, Outbuildings

Total Parking0

VegetationBrush, Garden Space

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

High School Buyer To Verify High School

Middle School Buyer To Verify Middle School

Elementary School Buyer To Verify Elementary School

Similar Properties

$525,000

3 Beds 1 Baths 1,390 SQFT 0.20 Acres

Type: Single Family

1055 S 317th Street
Federal Way, WA 98003

MLS#: 2474944

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Property

$525,000

1055 S 317th StreetFederal Way, WA 98003

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$525,000

1055 S 317th StreetFederal Way, WA 98003

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1055 S 317th Street
Federal Way, WA 98003

1055 S 317th Street
Federal Way, WA 98003