1816 S 312th St

Federal Way, WA 98003
  • $649,000

    Price
  • 2

    Bed
  • 1.75

    Bath
  • 1,120

    SqFt

About the Listing 6421 - 63134,40886

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.

Listing Highlights for 1816 S 312th St

Status Active
Days on Site 8
Property Type Residential
MLS ® 2424886
Year Built 1957
Total Square Footage 1,120
Lot/Acreage 0.6
County King
Building Name Solano Heights
Neighborhood Federal Way
School District Federal Way

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full / 1 Three-Quarter
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Master on Main
  • Water: Lakehaven

Exterior Details

  • Lot Description: Corner Lot,Curbs,Paved,Sidewalk,Built On Lot,Cable TV,Fenced-Partially
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Roof: Composition
  • Others: Cement Planked
  • Sewer: Lekehaven
  • Parking Features: Attached Garage

Financial Details

  • Tax Amount: $5,181
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7853600065
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

1816 S 312th St Federal Way, WA 98003

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way