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$499,950
New Listing

29440 18th Avenue S
Federal Way, WA98003

For Sale|Multi Family|Active
0
Beds
0
Total Baths
2,350
SqFt
$213
/SqFt
1962
Built
Cumulative Days On Market:
1
Subdivision:
Federal Way
County:
King
Courtesy of NWMLS
Listing courtesy of James F. Smith of Berkshire Hathaway HS NW

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253-268-1714
29440 18th Avenue S29440 18th Avenue S29440 18th Avenue S29440 18th Avenue S
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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 3 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!

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Listing Snapshot
Price 
$499,950
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,350 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1962
MLS® Number 
2582168
Status 
Active
Property Tax 
$5,765
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
9 hours agoListing first seen on site
General Features
Acres 
0.1722
Additional Property Use 
Residential
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
2
Parking 
RV Access/Parking
Parking Spaces 
5
Property Sub Type 
Multi Family
SqFt Total 
2350
Utilities 
Cable AvailableSewer Connected
Water Source 
Public
Zoning 
Residential
Interior Features
Flooring 
VinylCarpet
Heating 
ElectricNatural GasBaseboardForced Air
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Exterior Features
Fencing 
Fenced
Lot Features 
Paved
Roof 
Composition
View 
Territorial
Waterview 
Territorial
Community Features
MLS Area 
110 - Dash Point/Federal Way
School District 
Federal Way
Financing Terms Available 
CashConventional
Schools
School District
Federal Way
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Courtesy of NWMLS
Listing courtesy of James F. Smith of Berkshire Hathaway HS NW



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-15 11:43 PM PDT

Neighborhood & Commute
Source: Walkscore
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