$549,000
Est. $2,837/mo3 bd•1 ba•1,250 sq ft
31444 51st Avenue Sw, Federal Way, WA 98023
• Listed 2026-09-04•New today
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Completely refreshed and move-in ready! This 3 bedroom and 1 bath home features new flooring and fresh interior paint throughout, along with new kitchen countertops, a stylish bathroom vanity, and updated lighting. Additional practical updates include a new garage door opener and new siding has been replaced where needed. The roof was replaced in 2019, providing added peace of mind. The home sits on a spacious level lot that is tucked away at the end of the street with no through traffic—perfect for those looking for a little extra privacy and tranquility. The backyard has plenty of room for gardening, entertaining, relaxing, or enjoying outdoor activities. Whether you're a first-time home buyer looking for a place to call home or an investor seeking a solid rental investment, this property offers flexibility and potential. Conveniently located near freeways, rail and bus transportation for an easy commute. Dash Point State Park is just a couple of minutes away. Come see all that this charming turnkey home has to offer!
Listed by Kelly S. Stewart • Emerald Real Estate Group Inc.
Listing updated: September 7, 2026 at 12:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2578754
Open houses
No upcoming open houses scheduled for this property.
31444 51st 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
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.
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$3,014 per month
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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.
$600,000 Sold
8 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
0.4 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
0.4 mi
Distance
$675,000 Sold
4 months ago
4 bd•2.5 ba•~1,750 sq ft•Single Family
4136 Sw 321st St, Federal Way, WA 98023
1%
Under list
—
Days on market
0.6 mi
Distance
$650,000 Sold
4 months ago
4 bd•2.25 ba•~1,810 sq ft•Single Family
32719 40th Avenue Sw, Federal Way, WA 98023
4%
Over list
—
Days on market
1.0 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 7, 2026 at 12:57pm (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.
$539,000
-$10,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $480K and $600K.
Rental earnings
$1,625/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$580,000Last sold price
5217 Sw 324th Place, Federal Way, WA 98023

$515,463Last sold price
3326 Sw 329th 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.
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