$316,000
Est. $1,633/mo2 bd•1.5 ba
1040 S 320th Street #36, Federal Way, WA 98003
• Listed 2026-07-22•New today
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Welcome to this inviting townhouse-style condo located in the heart of Federal Way. Situated within a gated community, this 2-bedroom, 1.5-bath home offers a functional layout, recent updates, and convenient access to everyday amenities. The main level features an open living and dining area highlighted by a cozy gas fireplace, along with a spacious kitchen offering ample cabinetry and practical workspace. A convenient half bath and dedicated laundry area are also located on the main floor. Upstairs, you’ll find two generously sized bedrooms, updated flooring, and a full bathroom with a tile shower and ample counter space. Fresh interior paint throughout gives the home a clean, refreshed feel. Step outside to the private back deck, which includes additional storage space. HOA dues cover water, sewer, and garbage, providing added convenience and value. Enjoy low-maintenance living in a location that keeps everything within easy reach. Shopping, dining, parks, and everyday amenities are nearby, while commuters will appreciate convenient access to the Federal Way Transit Center and Link Light Rail, offering connections to Seattle, Tacoma, and beyond.
Listed by Victor Nguku • Lookup Realty
Listing updated: September 7, 2026 at 05:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2558460
1040 S 320th Street #36, 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
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.
$2,457 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 17 days.
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 7, 2026 at 05:27pm (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.
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