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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by:Tribeca NW Real Estate • Jerome Walters

$ 849,500

Est. payment -/mo

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28400 16th AVE S Federal Way, WA 98003

4 Beds

5 Baths

3,532 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,532 sqft

Price per Sqft $240

Subdivision Redondo

MLS Listing ID 2567104

Style 52 - Duplex

Bedrooms 4

Year Built 1986

Annual Tax Amount $710

Lot Size 0.320 Acres

Property Sub-Type Multi Family

Property Description

Come and see! Perched among a lush canopy of trees in Federal Way's coveted Redondo neighborhood, this loaded property offers incredible income potential. Spanning 3,852 square feet, this exceptional property is thoughtfully designed as three completely separate, fully equipped living spaces, making it the ultimate setup to live in one unit and rent the other two, host multi-generational living, or lease all three for maximum investment returns. Every single residence boasts its own private kitchen, dedicated in-unit laundry, and an expansive deck designed to soak in the tranquil treed overlook and coastal air. Inside, the home features two expansive primary residences alongside a charming studio apartment above the two-car garage. The 1,530-square-foot main-level unit and the 1,430-square-foot lower-level unit each offer two bedrooms, two bathrooms, and remarkably spacious living areas. Tucked above the garage, the 572-square-foot apartment captures true canopy views, giving tenants or guests their own secluded haven. All this comes with a detached two-car garage and plenty of extra off-street parking. Minutes from the vibrant Redondo Beach boardwalk and Saltwater State Park trails, this unique retreat combines coastal Northwest living and unmatched financial versatility with major commuter convenience, with its proximity to major commuter routes like I-5 and Route 99, shopping hubs including The Commons at Federal Way, and light rail and bus extensions.

Location

State WA

County King

Area 120 - Des Moines/Redondo

Interior

Flooring Ceramic Tile, Hardwood, Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 2.0

Amenities Available Deck, Patio

View Y/N Yes

View Partial, Territorial

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Federal Way

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby School & Business

ONE Real Estate

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+1(360) 201-0908

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