28636 25th Place S, Federal Way, WA 98003
- $750,000
- 2,806
- SqFt
Listing Broker: Pellego, Inc.; Marcela Hoag; 360-888-7793; marcela@pellego.com
- List Price
- $750,000
- Status
- ACTIVE
- MLS#
- 2600006
- Days on Market
- 0
- Style
- 52 - Duplex
- Finished SqFt
- 2,806
- Area Total SqFt
- 2806
- Annual Tax Ammount
- 6770
- Lot Size (sq ft)
- 7,200
- Sewer
- Sewer Connected
Property Description
Prime investment opportunity in Federal Way! This fully occupied duplex offers over 2,700 sq ft, 7 bedrooms, 4 bathrooms, and excellent value-add potential. Unit 28636 features modern updates including quartz countertops, LVP flooring, and stainless steel appliances, while Unit 28638 offers significant upside with below-market rents and room to increase cash flow. Attractive seller financing at 5.25% may be available for qualified buyers. Ideally located minutes from the Federal Way Light Rail Station, shopping, dining, and Redondo Beach. Perfect for investors seeking a buy-and-hold property or buyers looking to eventually live in one unit and rent the other. A rare opportunity offering immediate income and long-term growth potential!
Additional Information
- List Date
- 2026-10-31 21:13:13
- Community
- Federal Way
- Net Operating Income
- $33,857
- Gross Adjusted Income
- $45,543
- Gross Scheduled Income
- $47,940
- Total Monthly Income
- $4,150
- Insurance Expenses
- $1,200
- Water/Sewer/Garbage Expenses
- $2,203
- Gross Rent Multiplier
- 10
- Total Expenses
- $13,495
- Cap Rate
- 6.81
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 28636
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1968
- Roof
- Composition
- Site Features
- Fenced-Partially, Gas Available
- Other Expenses
- 3322
- Energy Source
- Electric, Natural Gas
- School District
- Federal Way
- Total Monthly Income
- $4,150
- Gross Scheduled Income
- $47,940
- Vacancy Rate
- 5
- Gross Adjusted Income
- $45,543
- Tax Year
- 2026
- Insurance Expense
- $1,200
- W/S/G Expenses
- $2,203
- Total Expenses
- $13,495
- Net Operating Income
- $33,857
- Gross Rent Multiplier
- 10
- Cap Rate
- 6.81
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.