1816 S 312th Street, Federal Way, WA 98003 (MLS # 2424886)
Twitter
Facebook
Email|
Listing provided courtesy of Northwest MLS; WeLakeside
|
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.
| LAST UPDATED | 8/28/2025 | TRACT | Federal Way |
|---|---|---|---|
| YEAR BUILT | 1957 | COMMUNITY | Federal Way |
| GARAGE SPACES | 2.0 | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 110 - Dash Point/Federal Way |
| CONSTRUCTION | Cement Siding |
| EXTERIOR | Garden |
| GARAGE | Attached Garage, Yes |
| HEAT | Electric, Forced Air |
| LOT | 0.602 acre(s) |
| LOT DESCRIPTION | Corner Lot, Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| PARKING | Attached |
| STORIES | 1 |
| STYLE | 10 - 1 Story |
| SUBDIVISION | Federal Way |
| TAXES | 5180.72 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Territorial |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/28/25 10:23 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2025.