$499,950
29440 18th Avenue
Federal Way, WA 98003
Beds
—
Baths
—
Sq Ft
—
Lot
0.17 ac
Year built
1962
Type
Residential Income
Days listed
1
MLS #
2582168
About this home
INVESTOR ALERT! Bring your hard hat and unlock the potential! Opportunity knocks in Federal Way with this income-producing duplex situated on a spacious, fully fenced lot with excellent access to freeways, shopping, and public transportation. Both units have a strong rental history and are always rented, making this an attractive opportunity for investors looking to add a cash-flowing property to their portfolio. The upper unit offers approximately 1,450 sq ft with 3 bedrooms and 1 bathroom, plus a dishwasher and cozy fireplace. It also features a 1-car garage and access to the property's RV parking. The lower unit provides approximately 950 sq ft with 2 bedrooms and 1 bathroom, along with a dishwasher and fireplace. A separate laundry room adds convenience for the property. With 5 bedrooms and 2 bathrooms combined, a generous lot, garage, RV parking, and convenient location, this duplex offers plenty of potential for an investor willing to bring vision and a little sweat equity. Value add opportunity, solid rental demand, and location make this one worth a look! Bring your hard hat and imagination, this could be the investment opportunity you've been waiting for!
Exterior features
Schools
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify
Property details
- Heating
- Baseboard, Forced Air
- Cooling
- None
- Flooring
- Vinyl, Carpet
- Parking
- RV Parking
- View
- Territorial
- Lot
- Curbs, High Voltage Line, Paved
- Water source
- Public
- Sewer
- Sewer Connected
Costs
- Annual taxes
- $5,765 (2026)
Estimate your monthly payment
$3,008/mo
- Principal & interest
- $2,528
- Property taxes
- $480
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Federal Way, WA 98003
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Berkshire Hathaway HS NW— James F. Smith.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.