28400 16th Avenue S, Federal Way, WA 98003
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: jerome walters
Office: tribeca nw real estate
MLS#:2567104
Source:NWMLS
28400 16th Avenue S,Federal Way, WA 98003
$849,500
- - Beds
- - Baths
- 3,532 sq. ft.
- Multi-family
- Active
Price summary
- Price:$849,500
- Price per sq. ft.:$240.52
About this home
Come and see! Perched among a lush canopy of trees in Federal Way’s coveted Redondo neighborhood, this loaded property offers incredible income potential. Spanning 3,852 square feet, this exceptional property is thoughtfully designed as three completely separate, fully equipped living spaces, making it the ultimate setup to live in one unit and rent the other two, host multi-generational living, or lease all three for maximum investment returns. Every single residence boasts its own private kitchen, dedicated in-unit laundry, and an expansive deck designed to soak in the tranquil treed overlook and coastal air. Inside, the home features two expansive primary residences alongside a charming studio apartment above the two-car garage. The 1,530-square-foot main-level unit and the 1,430-square-foot lower-level unit each offer two bedrooms, two bathrooms, and remarkably spacious living areas. Tucked above the garage, the 572-square-foot apartment captures true canopy views, giving tenants or guests their own secluded haven. All this comes with a detached two-car garage and plenty of extra off-street parking. Minutes from the vibrant Redondo Beach boardwalk and Saltwater State Park trails, this unique retreat combines coastal Northwest living and unmatched financial versatility with major commuter convenience, with its proximity to major commuter routes like I-5 and Route 99, shopping hubs including The Commons at Federal Way, and light rail and bus extensions....
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Home facts
- Year built:1986
- Subdivision & Development:Redondo
- Listing ID #:2567104
- Updated:September 28, 2026 at 12:21 PM
Rooms and interior
- Flooring:Carpet, Ceramic Tile Floor, Hardwood, Vinyl Floor, Vinyl Plank
- Living area:3,532 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1986
- Building area:3,532 sq. ft.
- Lot area:0.32 Acres
- Lot Features:Corner, Curbed Lot, Paved
- Construction Materials:Wood Exterior Finish
- Exterior Features:Deck, Patio
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$849,500
- Price per sq. ft.:$240.52
- Tax amount:$710 (2026)
Parking
- Total parking spaces:5
- Garage:Yes
- Garage spaces:2
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