$580,000
Est. $2,997/mo3 bd•1.75 ba•1,440 sq ft
2601 Sw 347th Street, Federal Way, WA 98023
• Listed 2026-07-09•5 days on market
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Bring Offers! Comfort, space, and opportunity await in this well-maintained tri-level, tucked away on a quiet street and surrounded by lush, professionally landscaped grounds. Recent improvements include a new furnace installed in July 2026 and updates to the downstairs ¾ bath, including new flooring and vanity. Inside, you’ll find a bright, open floor plan featuring durable laminate hardwood flooring and a cozy white brick wood-burning fireplace that creates a warm, inviting living space. The seamless flow between the living room, dining area, and kitchen makes everyday living and entertaining effortless. The kitchen features stainless steel appliances, warm wood cabinetry, and tile countertops with a coordinating backsplash. The spacious primary suite offers direct access to an updated bathroom with a double vanity and tub/shower combination, while the second upstairs bedroom provides abundant natural light and generous closet space. The downstairs bedroom is complemented by a convenient ¾ bath and dedicated laundry area. Step outside to a fully fenced backyard with a covered patio and fire pit—perfect for relaxing or entertaining year-round. With a new furnace ready for the chilly PNW seasons, this home offers comfort, functionality, and room to make it your own. Bring your vision and make it yours!
Listed by Cindy Lopez • Berkshire Hathaway HS NW
Listing updated: September 4, 2026 at 06:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2551632
2601 Sw 347th Street, 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
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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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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 12 days.
$1,027,610 Sold
6 weeks ago
5 bd•3 ba•~2,962 sq ft•Single Family
34204 Sw 19th (lot 35) Avenue Sw, Federal Way, WA 98023
1%
Under list
—
Days on market
0.6 mi
Distance
$1,057,705 Sold
8 weeks ago
5 bd•3.5 ba•~3,308 sq ft•Single Family
34200 19th (lot 30) Avenue Sw, Federal Way, WA 98023
1%
Over list
—
Days on market
0.6 mi
Distance
$735,000 Sold
4 months ago
3 bd•2.5 ba•~2,704 sq ft•Single Family
916 Sw 341st St, Federal Way, WA 98023
2%
Under list
—
Days on market
0.9 mi
Distance
$630,000 Sold
5 months ago
3 bd•2.5 ba•~1,740 sq ft•Single Family
1027 Sw 348th Place, Federal Way, WA 98023
2%
Over list
—
Days on market
0.8 mi
Distance
$700,000 Sold
5 months ago
4 bd•2.5 ba•~2,070 sq ft•Single Family
2811 Sw 337th St, Federal Way, WA 98023
0%
Over list
—
Days on market
0.7 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 4, 2026 at 06:42pm (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
$569,000
-$11,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $575K and $650K.
Rental earnings
$1,700/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$580,000Last sold price
2819 Sw 350th Place, Federal Way, WA 98023

$615,000Last sold price
3040 Sw 346th Place, 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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