29440 18th Avenue S, Federal Way, WA 98003

Federal Way
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: james f. smith, angie smith
Office: berkshire hathaway hs nw
MLS#:2582168
Source:NWMLS
29440 18th Avenue S,Federal Way, WA 98003
$499,950
  • - Beds
  • - Baths
  • 2,350 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$499,950
  • Price per sq. ft.:$212.74

About this home

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....

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Home facts

  • Year built:1962
  • Subdivision & Development:Federal Way
  • Listing ID #:2582168
  • Updated:September 19, 2026 at 08:32 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:2,350 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1962
  • Building area:2,350 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Curbed Lot, High Voltage Line Pass Over/Near Lot, Paved
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Fenced-Fully

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$499,950
  • Price per sq. ft.:$212.74
  • Tax amount:$5,765 (2026)

Features and amenities

  • Amenities:Cable TV, Gas Available

Parking

  • Total parking spaces:5
  • Parking description:RV Parking
  • Garage:Yes
  • Garage spaces:1
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 19, 2026. All data is obtained from various sources and may not have been verified by broker 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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