$240,000
Est. $1,212/mo2 bd•1.5 ba
1721 Sw 318th Place #48a, Federal Way, WA 98023
• Listed 2026-07-10•New today
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Based on information submitted to the MLS GRID as of July 11, 2026 at 05:02am (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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Opportunity awaits in the Tall Firs community! Priced well below recent comparable sales, this 2-bedroom, 1.5-bath townhouse offers an excellent opportunity for investors or buyers looking to build instant equity. Desirable corner location with a functional two-story floor plan featuring LVP flooring on the main level, granite countertops throughout, soft-close kitchen cabinetry, bay window dining area, wood-burning fireplace, spacious primary bedroom with walk-in closet and attached vanity, plus a private fenced patio. Tall Firs offers outstanding amenities including a clubhouse, heated outdoor pool, hot tub, tennis, basketball and racquetball courts, all in a convenient Federal Way location with easy access to shopping, dining, parks, schools, and major commuting routes. No rental cap makes this an excellent investment opportunity.
Listed by Isaac Schaefer • Realty One Group Turn Key
Listing updated: July 11, 2026 at 05:02am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2552832
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value1721 Sw 318th Place #48a, 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
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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 9 days.
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.