1816 S 312th Street

Federal Way, WA 98003

  • 2 Bed

  • 2 Bath

  • 1120 SqFt

  • 1 DOM

  • Built: 1957

  • Status: Active

$649,000

X

1816 S 312th Street

Federal Way 98003

$649000

  • 2 Bed

  • 2 Bath

  • 1120 SqFt

  • 1 DOM

  • Built: 1957

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Prime development opportunity or those seeking long-term rental income or starter home in the heart of Federal Way! This expansive 26,224 sq ft corner lot is zoned RM-1800, possibly allowing for up to 14 multifamily units—ideal for builders, investors. The property includes a charming 2-bedroom starter home with utilities already on-site (water, sewer, electricity), plus gas available at the street. Located directly across from retail and just minutes from The Commons Mall, I-5 access, and public transit, this site offers unbeatable convenience and walkability. Whether you're looking to build now or hold for future appreciation, this parcel delivers flexibility, location, and upside.

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Residence Information

  • 1120

  • 2

  • 1

  • 0

  • 2

  • Composition

  • 2,

  • 10 - 1 Story

  • 1957

  • Poured Concrete

Features and Utilities

  • Cement Planked

  • Public

  • Sewer Connected

Financial

  • 5180.72

  • Cash Out, Conventional

  • 08-28-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional

  • $649,000

  • $649,000

  • Aug 29, 2025 12:00

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of WeLakeside.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Aug 29, 2025 16:52 | Listing last modified Aug 29, 2025 12:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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