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Federal Way, WA, 98023 • 98023 • King County
$639/sqft
2Beds
1Baths
830Sqft
0.96 acLot
1928Built
Territorial Views
Territorial
Character Home
Built 1928 · 98 years of history
Federal Way
98023
This home is getting attention
Listed 171 days ago · 16 views
Demand and pricing signals for this listing
16 views
People checking out this listing
171 days on market
Established listing
$639/sqft
Price per square foot
This home ranks in the top 33% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1928 · Historic
Investor/developer opportunity! Flat high traffic arterial corner lot just shy of an acre, no critical areas, ready to develop. Former home lost to fire—property has been rezoned Neighborhood Business (BN). High-visibility location with excellent access. Zoning allows for a variety of neighborhood-serving commercial uses including retail, office, and mixed-use. Rare chance to redevelop in a growing Federal Way corridor. Bring your vision and maximize the potential of this well-situated site. Buyer bonus and seller financing available!
Standout features identified
Our analysis highlights high traffic arterial and corner lot as key attractions of this home.
Based on current rates
Est. 6.18% rate · 30yr fixed · $424,000 loan
Full calculator →Key facts and listing details
6 categories of property features
3 rooms detailed
Bedroom
MainBedroom
MainBathroom Full
MainMarket data and value estimates
3 schools rated nearby
Federal Way, WA, 98023
4 events
21 years of records
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-07 06:48:29 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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