$750,000
Est. $4,065/mo2,806 sq ft
28636 25th Place S, Federal Way, WA 98003
• Listed Oct 31, 2026•7 days active · 7 cumulative
Listing Broker: Pellego, Inc.; Marcela Hoag; 360-888-7793; marcela@pellego.com
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Listing Broker: Pellego, Inc.; Marcela Hoag; 360-888-7793; marcela@pellego.com
About this home
Prime investment opportunity in Federal Way! This fully occupied duplex offers over 2,700 sq ft, 7 bedrooms, 4 bathrooms, and excellent value-add potential. Unit 28636 features modern updates including quartz countertops, LVP flooring, and stainless steel appliances, while Unit 28638 offers significant upside with below-market rents and room to increase cash flow. Attractive seller financing at 5.25% may be available for qualified buyers. Ideally located minutes from the Federal Way Light Rail Station, shopping, dining, and Redondo Beach. Perfect for investors seeking a buy-and-hold property or buyers looking to eventually live in one unit and rent the other. A rare opportunity offering immediate income and long-term growth potential!
Listed by Marcela Hoag • Pellego, Inc.
Listing updated: November 6, 2026 at 08:06pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2600006
Around this home
How much should you offer?
28636 25th Place S, Federal Way, WA 98003
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
Layout
- Duplex
- 242 sq ft garage
Flooring
- Ceramic Tile
- Vinyl Plank
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDigger- Wildwood Elementary SchoolPublic · Grades PK-5 · 0.8 mi · State rank 770 of 1,1384/10
- Sacajawea Middle SchoolPublic · Grades 6-8 · 1.1 mi · State rank 426 of 5142/10
- Thomas Jefferson High SchoolPublic · Grades 9-12 · 1.0 mi · State rank 325 of 3962/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 2
- Units below grade
- false
- Building square feet
- 2,806 sq ft
Income & expenses
- Gross scheduled income
- $47,940
- Total monthly income
- $4,150
- Gross adjusted income
- $45,543
- Net operating income
- $33,857
- Cap rate
- 6.81%
- Gross rent multiplier
- 10
- Vacancy rate
- 5%
- Total expenses
- $13,495
- Insurance
- $1,200
- Other expenses
- $3,322
- Water / sewer / garbage paid by
- 2203
Parking & storage
- Parking spaces
- 5
- Covered spaces
- 5
Taxes & assessment
- Annual taxes
- $6,770
- Tax year
- 2026
- Financing
- Cash, Conventional, FHA, VA Loan
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 28636 25th Place S
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 31, 2026ListedNWMLS via MLS Grid · #2600006$750,000$267/sq ft
- Jul 7, 2022Recorded saleKing County recorder · Statutory warranty deed$645,000$230/sq ft
Down payment assistance
6 programs may be available to provide you with up to $37,500 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
$4,817 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Pellego, Inc.; Marcela Hoag; 360-888-7793; marcela@pellego.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 80 days.
Recent sales nearby
Within 1 mile · last 6 months$495,000 Sold
1 week ago
3 bd•1.75 ba•~1,460 sq ft•Single Family
2002 S 280th Place, Federal Way, WA 98003
0%
Over list
64
Days on market
0.6 mi
Distance
$210,000 Sold
1 week ago
2 bd•1 ba•~962 sq ft•Single Family
2706 S 276th Place, Federal Way, WA 98003
16%
Under list
122
Days on market
0.8 mi
Distance
$756,000 Sold
2 weeks ago
4 bd•3.25 ba•~2,630 sq ft•Single Family
30003 19th Avenue S, Federal Way, WA 98003
2%
Under list
153
Days on market
0.9 mi
Distance
$525,000 Sold
2 weeks ago
3 bd•2.5 ba•~2,030 sq ft•Single Family
1304 S 286th Street, Federal Way, WA 98003
0%
Over list
48
Days on market
0.8 mi
Distance
$465,000 Sold
3 weeks ago
•Single Family
29440 18th Avenue S, Federal Way, WA 98003
7%
Under list
35
Days on market
0.7 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 7, 2026 at 3:16 PM PT (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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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