Sold7d on market
28921 S 28th Place
Federal Way, WA, 98003 • 98003 • King County
$730,000
$324/sqft
6Beds
4Baths
2,250Sqft
0.17 acLot
1979Built
Property DNA
Territorial Views
Territorial
Federal Way
98003
This home is getting attention
Listed 7 days ago · 247 views · 4 saves
Market activity
Demand and pricing signals for this listing
247 views
People checking out this listing
4 saves
Buyers have saved this home
7 days on market
Just listed — act fast
$324/sqft
Price per square foot
About this home
Multi Family · Built 1979
Excellent investment or owner-occupant opportunity! This townhome-style duplex features side-by-side units, each offering 3 bedrooms and 2 bathrooms. Interiors boast updated kitchens and modern flooring, along with the convenience of in-unit washer and dryer. Each unit enjoys a fully fenced backyard with a private patio, small flat usable yard, and additional storage—ideal for comfortable everyday living. The location is a standout feature, with easy access to major freeways including I-5 and Hwy 167, and close proximity to the new Light Rail, making commuting to Seattle or Tacoma simple and efficient. Situated near shopping, restaurants, and parks, this property offers strong rental appeal and long-term value. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this centrally located duplex checks all the boxes.
Standout features identified
Our analysis highlights modern flooring, in-unit washer and dryer, and private patio as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,518/month
Principal & Interest$3,545
Property Tax$730
Insurance$243
Down payment20% ($146,000)
3%50%
Est. 6.12% rate · 30yr fixed · $584,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1979
HeatingBaseboard, Electric
CoolingNone
Parking2 Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1979
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionMetal/Vinyl
Water / SewerCompany: Lakehaven / Sewer Connected
Parking & Outdoor
Lot7,348 sqft
Location & Tax
Neighborhood98003
Annual tax$5,840
Parcel0294500040
Features & details
6 categories of property features
Interior Features
Flooring
Laminate
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Construction
Metal/Vinyl
Lot Features
Dead End Street
Paved
Cable TV
Fenced-Fully
Outbuildings
Patio
Views
Territorial
Listing insights
Market data and value estimates
StatusSold
Days on market7
Est. value$730,100
Est. rent$2,361/mo
Tax rate0.82%
Price/sqft$324
On marketMar 15, 2026
PostedFeb 13, 2026
Last sold$730,000
MLS statusSold
MLS updatedMar 31, 2026
Tour days6
Views247
Favorites4
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
11 events
DateEventPrice$/sqftSource
Mar 31, 2026Sold$730,000$324NWMLS as distributed by MLS GRID
Mar 11, 2026Pending Sale$750,000$333NWMLS as distributed by MLS GRID
Mar 6, 2026Listed For Sale$750,000$333NWMLS as distributed by MLS GRID
Feb 23, 2026Pending Sale$750,000$333eXp Realty
Feb 13, 2026Listed For Sale$750,000$333NWMLS as distributed by MLS GRID
Sep 15, 2022Sold$600,000$267NWMLS as distributed by MLS GRID
Jul 22, 2022Pending Sale$585,000$260NWMLS as distributed by MLS GRID
Jul 15, 2022Price Change$585,000$260NWMLS as distributed by MLS GRID
Jul 6, 2022Listed For Sale$600,000$267NWMLS as distributed by MLS GRID
Mar 28, 2022Sold$550,000$244Public Record
Feb 27, 2004Sold$195,000$87NWMLS as distributed by MLS GRID
Sold$730,000
Mar 31, 2026•$324/sqft•NWMLS as distributed by MLS GRID
Pending Sale$750,000
Mar 11, 2026•$333/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$750,000
Mar 6, 2026•$333/sqft•NWMLS as distributed by MLS GRID
Pending Sale$750,000
Feb 23, 2026•$333/sqft•eXp Realty
Listed For Sale$750,000
Feb 13, 2026•$333/sqft•NWMLS as distributed by MLS GRID
Sold$600,000
Sep 15, 2022•$267/sqft•NWMLS as distributed by MLS GRID
Pending Sale$585,000
Jul 22, 2022•$260/sqft•NWMLS as distributed by MLS GRID
Price Change$585,000
Jul 15, 2022•$260/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$600,000
Jul 6, 2022•$267/sqft•NWMLS as distributed by MLS GRID
Sold$550,000
Mar 28, 2022•$244/sqft•Public Record
Sold$195,000
Feb 27, 2004•$87/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$5,840$586,000
Apr 8, 2023$5,844$533,000
Apr 8, 2022$4,848$490,000
Apr 8, 2021$4,297$376,000
Apr 8, 2020$3,924$322,000
Apr 8, 2019$3,716$309,000
Apr 8, 2018$3,405$293,000
Apr 8, 2017$3,784$264,000
Apr 8, 2016$3,208$243,000
Apr 8, 2015$3,208$231,000
Apr 8, 2014$3,208$219,000
Apr 8, 2013$3,208$185,000
Apr 8, 2012—$177,000
Apr 8, 2011—$191,000
Apr 8, 2010—$217,000
Apr 8, 2009—$217,000
Apr 8, 2007—$223,000
Apr 8, 2006—$223,000
Apr 8, 2005—$185,000
Apr 8, 2001$2,006$148,000
Apr 8, 2000$1,958$139,000
Nearby homes
Neighborhood details
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
AdelaideAlderbrookCampus HighlandsLaurelwoodMadronaMirror LakeRedondoSteel LakeTwin LakesWest Campus
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98003980239806398093
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Based on information submitted to the MLS GRID as of 2026-04-07 20:19:02 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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