31327 12th Place S, Federal Way, WA 98003

$559,950
3
BD
2
BA
1,440
SqFt

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Listing courtesy of Better Properties UP/Fircrest.

List Price
$559,950
Status
ACTIVE
MLS#
2560731
Days on Market
104
Bedrooms
3
Baths
2
Finished SqFt
1,440
Area Total SqFt
1440
Annual Tax Ammount
5300
Lot Size (sq ft)
9,375
Fireplace
Yes
Sewer
Septic Tank, Sewer Connected

Property Description

Welcome to this beautifully updated Federal Way property, ideally located just minutes from shopping, dining, and commuter routes. Featuring a versatile layout with a fully separate ADU, this home offers the perfect opportunity for multigenerational living, supplemental rental income, or a savvy investment. The main home and ADU have been thoughtfully updated within the last two years to include updated kitchens, flooring, and bathrooms, and a new roof! NEW EXTERIOR PAINT PENDING/OR SELLER CREDIT! Outside, you’ll find both a large fully fenced front yard and backyard. Whether you’re looking to offset your mortgage with rental income or expand your investment portfolio, this property delivers exceptional flexibility. The main home has a strong rental history at approximately $2,290 per month, while the ADU has rented for approximately $1,350 per month, creating an attractive income-producing opportunity.

Additional Information

Community
Mirror Lake
Style
10 - 1 Story
Basement
None
Year Built
1955
Total Covered Parking
1
Parking Spaces
1
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, High Speed Internet, Patio
Tax Year
2026
School District
Federal Way
Elementary School
Mirror Lake Elem
Middle School
Sacajawea Jnr High
High School
Federal Way Snr High
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Second Kitchen, Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
Flooring
Laminate, Vinyl
Driving Directions
From I-5, take exit 143 and head East on 320th St. Right on 23rd. 2nd exit on roundabout to stay on 23rd. Left on 312th. Left on 13th. Continue to 12th. Home on the right.
Appliance
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Type
Electric
Energy Source
Electric, Propane
Based on information submitted to the MLS GRID as of . 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.
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