$565,000
Est. $2,848/mo4 bd•1 ba•2,260 sq ft
37135 2nd Avenue Sw, Federal Way, WA 98023
• Listed 2026-05-29•New today
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Based on information submitted to the MLS GRID as of June 16, 2026 at 10:25am (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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Surrounded by nature on over 1/4 of an acre, this spacious 2,260 sq ft tri-level home offers the perfect blend of privacy and convenience! Conveniently located close to shopping, freeways, and everyday amenities, this well cared for 3 bed, 3 bath home has been lovingly owned by the same owner since 1979. The upper level features a large living room, kitchen, and dining area ideal for entertaining. The main level offers a spacious primary suite with private bath, slider, and deck overlooking the peaceful natural setting, plus an additional full bath. Lower level includes 2 bedrooms, living area, laundry room with bath, and slider leading outside. Large garage with workshop benches, mini split, and extensive 2023 updates including flooring, carpet, interior/exterior paint, and windows make this home move-in ready! Competitively priced and expected to sell fast, don’t miss this opportunity!
Listed by Kristin Hood • We Lakeside
Listing updated: June 16, 2026 at 10:25am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2531700
$755,000
+$190,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $590K and $1.03M.
Rental earnings
$2,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$595,000Last sold price
510 Sw 368th Street, Federal Way, WA 98023

$978,990Last sold price
36521 Sw 3rd Place Street #4, 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.
37135 2nd Avenue Sw, Federal Way, WA 98023
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.
$3,077 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: 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: The average home goes pending in around 7 days.
$490,000 Sold
5 months ago
3 bd•2 ba•~1,232 sq ft•Single Family
36935 4th Avenue Sw, Federal Way, WA 98023
2%
Over list
—
Days on market
0.2 mi
Distance
$550,000 Sold
6 months ago
2 bd•1 ba•~940 sq ft•Single Family
37226 1st Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.1 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 Jun 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.