$489,950
Est. $2,519/mo3 bd•1.75 ba•1,240 sq ft
31428 31st Avenue Sw, Federal Way, WA 98023
• Listed 2026-08-26•1 day on market
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Based on information submitted to the MLS GRID as of August 28, 2026 at 02:12pm (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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Excellent chance to own a 3-bedroom one-story tucked away on a quiet Federal Way cul-de-sac! Offering a sought-after single-level layout and priced with potential in mind, this home is ready for its next homeowner and a new vision. The light-filled living room features large windows and a cozy wood-burning fireplace. The kitchen offers a gas cooktop, abundant cabinetry, and a peninsula with eating bar, opening to a spacious dining area. The primary bedroom features a private ¾ bath, while two additional bedrooms share a full hall bath. An oversized 2-car garage provides plenty of room for vehicles, storage, and more. Step outside to an oversized, fully fenced backyard with a desirable level lawn, garden space, and covered patio—perfect for entertaining, pets, or play. A large driveway provides ample parking. A great fit for those ready to bring their vision to life and create a home that truly reflects their style.
Listed by Edgar Sarkisyan • Keller Williams Realty PS
Listing updated: August 28, 2026 at 02:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573758
Open houses
2 datesNearby open houses (8)
See more →
Open Sat, Aug 29 +1$481,000
-$8,950 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $430K and $635K.
Rental earnings
$1,450/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$635,000Last sold price
31412 31st Avenue Sw, Federal Way, WA 98023
$530,000Last sold price
2401 Sw 318th Street, 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.
31428 31st 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.
$3,076 per month
Great rateTakes about 5 minutes & won't affect your credit
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Tom Rolph · Coldwell Banker Danforth
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Chris Li · Kelly Right RE of Seattle LLC
$530,000
32828 22nd Avenue Sw, Federal Way, WA 98023
Albert D Clark · Real Residential
$549,999
2229 Sw 330th Street, Federal Way, WA 98023
Tyson Simonson · Realty One Group Pacifica
Open Sun, Aug 30
Open Sun, Aug 30
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Open Sun, Aug 30
Open Sun, Aug 30Federal 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 8 days.
$205,000 Sold
3 weeks ago
•Single Family
1248 Sw 312th Street, Federal Way, WA 98023
18%
Under list
—
Days on market
1.0 mi
Distance
$600,000 Sold
7 weeks ago
3 bd•2.5 ba•~1,810 sq ft•Single Family
31646 45th Place Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.9 mi
Distance
$765,000 Sold
3 months ago
4 bd•2.5 ba•~3,680 sq ft•Single Family
4059 Sw 321st Street, Federal Way, WA 98023
1%
Under list
—
Days on market
0.7 mi
Distance
$2,300 Sold
3 months ago
2 bd•Single Family
4514 Sw 319th Place #d, Federal Way, WA 98023
0%
Over list
—
Days on market
0.9 mi
Distance
$1,200,000 Sold
3 months ago
5 bd•2.5 ba•~3,580 sq ft•Single Family
3005 Sw 300th Place, Federal Way, WA 98023
8%
Under list
—
Days on market
0.9 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 Aug 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.
