31327 12th Place S, Federal Way, WA 98003
Local realty services provided by:Knipe Realty ERA Powered
Listed by: evann grealish
Office: better properties up/fircrest
MLS#:2560731
Source:NWMLS
31327 12th Place S,Federal Way, WA 98003
$559,950
- 3 Beds
- 2 Baths
- 1,440 sq. ft.
- Single family
- Pending Inspection
Price summary
- Price:$559,950
- Price per sq. ft.:$388.85
About this home
Welcome to this beautifully updated Federal Way property, ideally located just minutes from shopping, dining, and commuter routes. The main home and ADU have been thoughtfully updated within the last two years to include brand new exterior paint, updated kitchens, flooring, bathrooms, and a new roof! 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. 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.
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Home facts
- Year built:1955
- Subdivision & Development:Mirror Lake
- Listing ID #:2560731
- Updated:September 29, 2026 at 10:43 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Vinyl Floor
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Bedroom Description:Main Level Bedrooms : 3
- Basement:Yes
- Living area:1,440 sq. ft.
Heating and cooling
- Heating:Forced Air, Heat Pump
Structure and exterior
- Roof:Composition
- Year built:1955
- Building area:1,440 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Paved
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Fenced-Fully, Patio
- Foundation Description:None
- Levels:1 Story
Schools
- High school:Federal Way Snr High
- Middle school:Sacajawea Jnr High
- Elementary school:Mirror Lake Elem
Utilities
- Water:Public
- Sewer:Septic Tank, Sewer Connected
Finances and disclosures
- Price:$559,950
- Price per sq. ft.:$388.85
- Tax amount:$5,300 (2026)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:High Speed Internet, Water Heater
Parking
- Total parking spaces:1
- Parking description:Attached Garage, Driveway, Off Street Parking
- Garage:Yes
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