28400 16th Avenue S, Federal Way, WA 98003

$849,500
3,532
SqFt

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Listing courtesy of Tribeca NW Real Estate.

List Price
$849,500
Status
ACTIVE
MLS#
2567104
Days on Market
0
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,532
Area Total SqFt
3532
Annual Tax Ammount
710.46
Lot Size (sq ft)
13,939
Sewer
Sewer Connected

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.

Additional Information

List Date
2026-08-12 16:11:13
Community
Redondo
Insurance Expenses
$173
Water/Sewer/Garbage Expenses
$127
Total Expenses
$1,110
Total Number of Units
3
Unit Name
28400
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1986
View
Partial, Territorial
Roof
Composition
Site Features
Deck, Patio
Electric Expenses
100
Energy Source
Electric
School District
Federal Way
Tax Year
2026
Insurance Expense
$173
W/S/G Expenses
$127
Total Expenses
$1,110
Based on information submitted to the MLS GRID as of . 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.
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