$530,000
Listed at $499,0002 bd•1 ba•830 sq ft
2019 Sw 356th Street, Federal Way, WA 98023
• Listed 2025-09-20
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Based on information submitted to the MLS GRID as of November 17, 2025 at 04:03am (date and time MLS GRID Data was obtained). 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.
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Investor/developer opportunity! Flat high traffic arterial corner lot just shy of an acre, no critical areas, ready to develop. Former home lost to fire—property has been rezoned Neighborhood Business (BN). High-visibility location with excellent access. Zoning allows for a variety of neighborhood-serving commercial uses including retail, office, and mixed-use. Rare chance to redevelop in a growing Federal Way corridor. Bring your vision and maximize the potential of this well-situated site. Buyer bonus and seller financing available!
Listed by Octavio Torres Milano • Michael J Real Estate LLC
Listing updated: November 17, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2436085
Open houses
No upcoming open houses scheduled for this property.
$447,000
-$83,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $450K and $570K.
Rental earnings
$1,350/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$530,000Last sold price
2019 Sw 356th Street, Federal Way, WA 98023
$569,900Last sold price
1721 Sw 348th Street, Federal Way, WA 98023
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$862,000 Sold
1 week ago
5 bd•3 ba•~3,450 sq ft•Single Family
35638 8th Avenue Sw, Federal Way, WA 98023
4%
Under list
—
Days on market
0.7 mi
Distance
$850,000 Sold
5 weeks ago
4 bd•2.5 ba•~2,680 sq ft•Single Family
417 Sw 353rd Street, Federal Way, WA 98023
1%
Over list
—
Days on market
1.0 mi
Distance
$567,000 Sold
3 months ago
3 bd•2.5 ba•~1,790 sq ft•Single Family
1223 Sw 353rd Street, Federal Way, WA 98023
1%
Under list
—
Days on market
0.5 mi
Distance
$575,000 Sold
5 months ago
3 bd•1 ba•~1,490 sq ft•Single Family
2633 Sw 351st Place, Federal Way, WA 98023
0%
Over list
—
Days on market
0.4 mi
Distance
$575,000 Sold
5 months ago
3 bd•1 ba•~1,490 sq ft•Single Family
2633 Sw 351st Place, Tacoma, WA 98023
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
