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Listed by Justin Park • TS Property Management.
FOR SALE

$179,990

Est. $961/mo

Price reduced $45,010 from the original $225,000 asking price

2 bd•1 ba•790 sq ft

31003 14th Avenue S #e12, Federal Way, WA 98003

• Listed Mar 13, 2026•201 days active · 201 cumulative

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Listing Broker: TS Property Management; Justin Park; 253-334-9845; justin.park@tspmanagement.net

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Listing Broker: TS Property Management; Justin Park; 253-334-9845; justin.park@tspmanagement.net

About this home

Well-maintained top-floor 2-bedroom, 1-bath condo a clean, move-in-ready feel. The bright, functional layout features an open-concept design that flows from the kitchen into the dining and living areas, creating a comfortable and inviting space with room to personalize. Enjoy the convenience of being in the heart of Federal Way, close to shopping, dining, parks, entertainment, and major commuter routes including I-5, Hwy 18, bus lines, and the light rail system. Community amenities include a pool, gym, sauna, and clubhouse, along with plenty of first-come, first-served unassigned parking. HOA dues include sewer, water, and garbage. No rental cap, making this a great opportunity for both homeowners and investors seeking comfortable, low-maintenance living.

Property type
Condo
Year built
1976
Interior
790 sq ft
Lot size
Not listed
Parking
Uncovered
Price / sq ft
$228
HeatingBaseboard
CoolingNone
Property taxes$2,331/yr (est.)
HOA dues$615/mo
School districtFederal Way

Listed by Justin Park • TS Property Management

Listing updated: September 17, 2026 at 11:42am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2492259

Open houses

No upcoming open houses scheduled for this property.

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31003 14th Avenue S #e12, Federal Way, WA 98003

List price
$179,990
Down payment
$35,998

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Water Heater

Kitchen

  • Dishwasher
  • Dryer
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total

Bathrooms

  • 1 full bathroom

Heating & cooling

  • Baseboard heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$1,815 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: TS Property Management; Justin Park; 253-334-9845; justin.park@tspmanagement.net

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Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 60 days.

Want a deeper read on this market?

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 17, 2026 at 11:42am (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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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