$499,950
 $2,684 est/mo Sourced by Back At You

29440 18th Avenue,Federal Way, WA 98003

Federal Way, WA 98003

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Description

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. 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!

Details

MLS #2582168
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1962
Days On Site9
Listing Provided ByBerkshire Hathaway HS NW | James F. Smith

Features

SQ Feet2,350
Garage1
Story(s)2
Units2
ZoningResidential
Acreage0.17
Property ViewYes

Taxes

Property5765

Area Information

StateWA
CountyKing
CityFederal Way
Zip Code98003
Area110 Dash Point | Federal Way
Community NameFederal Way
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Federal Way)
Price:
$499,950
low | high
Med:
$525,000
44.989498949895% of Average
sqft:
2,350
low | high
Med:
1,775
74.468085106383% of Average
$ / sqft:
$213
low | high
Med:
$299
9.273580766803% of Average
On site:
9
low | high
Med:
84
10.714285714286% of Average
Sourced by Back At You

Market Activity 98003

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Learn More About This Property

StateWA
CountyKing
CityFederal Way
Zip Code98003
Area110 Dash Point | Federal Way
Community NameFederal Way
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Federal Way)
Price:
$499,950
low | high
Med:
$525,000
44.989498949895% of Average
sqft:
2,350
low | high
Med:
1,775
74.468085106383% of Average
$ / sqft:
$213
low | high
Med:
$299
9.273580766803% of Average
On site:
9
low | high
Med:
84
10.714285714286% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $374K - $624K
sqft: 1,500 - 2,500
Listing Updated: September 17, 2026 at 7:32:10 PM PDT