2504 S 365th Place, Federal Way, WA 98003
Local realty services provided by:RSVP Brokers ERA
Listed by: laura papritz
Office: real broker llc.
MLS#:2493617
Source:NWMLS
2504 S 365th Place,Federal Way, WA 98003
$535,000
- 3 Beds
- 1 Baths
- 1,340 sq. ft.
- Single family
- Active
Upcoming open houses
- Sun, Mar 2201:00 pm - 03:00 pm
Price summary
- Price:$535,000
- Price per sq. ft.:$399.25
About this home
RAMBLER. SHOP. POTENTIAL.Why pay for someone else’s remodel when you can create the one you actually want? First time on the market in 58 YEARS, this mid-century rambler in Federal Way sits on a sunny ¼-acre corner lot and offers the kind of opportunity buyers keep hoping to find. The home has great bones, a flexible layout, and plenty of livable space while you update over time. Three bedrooms are tucked on one side of the home, while a large family room anchors the opposite end with a formal living room in-between. The cozy kitchen features a garden window overlooking the backyard, and French doors from the dining room lead to the patio for easy indoor-outdoor living. Outside, the 750 square foot, detached shop/garage sits at the corner of the lot, leaving the yard open for fruit trees, gardens, play space, or even a future sports court. Another rare bonus for this neighborhood: connected to sewer, not septic which gives you tons of flexibility for yard projects. Located just minutes from shopping, dining, entertainment, and easy access to I-5, Hwy 167, and Hwy 18. If you’ve been searching for a Federal Way rambler with a large yard, detached shop, and the chance to remodel to your own taste, this is the kind of opportunity buyers wait years for. Homes with this much yard space, a shop, and sewer service in Federal Way rarely come available at this price point....
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Home facts
- Year built:1968
- Listing ID #:2493617
- Updated:March 20, 2026 at 12:25 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Vinyl Floor
- Kitchen Description:Dishwasher, Refrigerator
- Bedroom Description:Main Level Bedrooms : 3
- Basement:Yes
- Living area:1,340 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1968
- Building area:1,340 sq. ft.
- Lot area:0.27 Acres
- Lot Features:Corner, Curbed Lot, Paved, Sidewalk
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Fenced-Fully, Patio
- Foundation Description:None
- Levels:1 Story
Schools
- High school:Todd Beamer High
- Middle school:Sequoyah Mid Sch
- Elementary school:Rainier View Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$535,000
- Price per sq. ft.:$399.25
- Tax amount:$5,400 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Cable TV, Ceiling Fan(s), French Doors, Shop, Water Heater
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Driveway, Off Street Parking
- Garage:Yes
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