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No HOA
Street View
Listed by: James F. Smith (206) 290-6387 , Angie Smith (206) 290-6386 | Berkshire Hathaway HS NW (253) 946-4000
$499,950
Monthly Est:$2,488
6 Beds
2 Baths
2,350sqft
29440 18th Avenue S, Federal Way, WA 98003
$499,950
$2,488/moEst:
Get Pre-Approved
Duplex
Built in 1962
$-- HOA
7,500 sqft lot
$213/sq.ft
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!
- Houzeo last checked: 12 hours ago
- Listing updated: September 18, 2026 at 3:21 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2582168
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
2,350 sqft
Lot Size
7,500 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2582168
MLS Status
Pending
Days on Market
16
Cumulative Days on Market
16
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Interior
Flooring
Vinyl, Carpet
Exterior Features
Wood
Sewer
Sewer Connected
Heating
Baseboard, Forced Air
Cooling
None
Construction
Year Built
Year Built: 1962
Home type
Duplex
Roof
Composition
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Parking Features
Rv Parking
Security Features
Fully Fenced
Water Source
Public
Other Features
Lot Features
Curbs, High Voltage Line, Paved
Subdivision Name
Federal Way
Price History
| Date | Event | Price |
|---|---|---|
09/18/2026 Source: | Pending | $499,950 $213/sqft |
09/15/2026 Source: | Listed for Sale | $499,950 $213/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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