$572,500
Est. $2,892/mo4 bd•2 ba•1,440 sq ft
31327 12th Place S, Federal Way, WA 98003
• Listed 2026-04-03•4 days on market
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Based on information submitted to the MLS GRID as of July 7, 2026 at 03:37pm (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.
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Ready to Own the Perfectly Updated Single Story Home in Federal Way? This home has a long term history of positive cash flow and solid tenancy providing so many options as a homeowner / investor! MultiGen / Duplex Functionality OR utilize the space all together! Live in one side and rent the other, or the door that separates them can allow for more fluid living options!! You will love all the updates making this home turn key!! The front unit features 3 bedrooms + 1 full bathroom. Quality laminate throughout. Fresh paint interior and exterior. Updated appliances! Full kitchen with fridge, microwave stove and plenty of space for cooking and dining. The back studio unit was remodeled in the last 5 years - all new cabinetry, kitchen appliances and separate washer/dryer. Giant level, fully fenced back yard could allow expansion. Adult Family Home maybe? 1 car garage attached to front unit. Newer roof and sewer line less than 5 years! This home is near it ALL in Federal Way. NO HOA. (Unit A $2290, Unit B: $1,350 per month.)
Listed by Kristi N Baitcher • Theory Real Estate
Listing updated: July 7, 2026 at 03:37pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2501656
Open houses
$582,000
+$9,500 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $520K and $675K.
Rental earnings
$1,750/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$525,000Last sold price
1220 S 313th Street, Federal Way, WA 98003
$520,000Last sold price
31405 10th Avenue S, Federal Way, WA 98003
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.
31327 12th Place S, Federal Way, WA 98003
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.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,452 per month
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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: 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 11 days.
$913,195 Sold
3 weeks ago
5 bd•2.5 ba•~2,790 sq ft•Single Family
30317 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.6 mi
Distance
$1,000,000 Sold
3 months ago
5 bd•3.5 ba•~3,580 sq ft•Single Family
30714 19th Avenue S, Federal Way, WA 98003
3%
Over list
—
Days on market
0.6 mi
Distance
$946,090 Sold
3 months ago
4 bd•2.5 ba•~3,086 sq ft•Single Family
30220 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.8 mi
Distance
$949,422 Sold
4 months ago
5 bd•2 ba•~2,983 sq ft•Single Family
30218 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.8 mi
Distance
$609,750 Sold
5 months ago
3 bd•1.5 ba•~1,780 sq ft•Single Family
31142 3rd Court S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.6 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
Federal Way School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
