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Listed by Thai Nguyen • eXp Realty.
FOR SALE

$779,000

Est. $4,159/mo

33020 22nd Place S, Federal Way, WA 98003

• Listed Sep 10, 2026•18 days active · 18 cumulative

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Listing Broker: eXp Realty; Thai Nguyen; 206-718-0237; thai@agentinvestorgroup.com

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Listing Broker: eXp Realty; Thai Nguyen; 206-718-0237; thai@agentinvestorgroup.com

About this home

Investment OPPORTUNITY ALERT!! Townhouse Style Duplex featuring spacious 2,410 sq. ft across two two-story, 3-bedroom, 1.5-bathroom units, perfect for homeowners and investors alike. Each unit is 1,205 sq. ft, offering generous living space. Unit 33022 has been recently updated with new flooring, fresh paint, modern appliances, and a fully remodeled kitchen and bathroom. Each unit comes equipped with a washer and dryer for your convenience. Enjoy your morning coffee on the deck overlooking a fully fenced backyard, ideal for privacy and outdoor activities. The other unit, 33020, is currently rented, providing immediate income. Situated in a quiet cul-de-sac, this home offers easy maintenance while being conveniently close to everything Federal Way has to offer. You'll find top-notch schools like Lake Dolloff Elementary and Todd Beamer High. Nearby parks, shopping centers, and dining options enhance the appeal of this vibrant community. This move-in-ready duplex provides a unique lifestyle opportunity, live in one unit while generating income from the other.

Property type
Townhouse
Year built
1979
Interior
Not listed
Lot size
0.1733 acres
Parking
2-car garage
Price / sq ft
Not listed
HeatingForced Air
CoolingNone
Property taxes$6,046/yr (est.)
School districtFederal Way

Listed by Thai Nguyen • eXp Realty

Listing updated: September 24, 2026 at 06:09pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2571811

Open houses

No upcoming open houses scheduled for this property.

Around this home

RexMont OfferEdge™

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33020 22nd Place S, Federal Way, WA 98003

List price
$779,000
Down payment
$155,800

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Flooring

  • Laminate

Heating & cooling

  • Forced Air heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

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.

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,858 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: eXp Realty; Thai Nguyen; 206-718-0237; thai@agentinvestorgroup.com

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Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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 58 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 24, 2026 at 06:09pm (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.

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