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603 SW 307th Street Federal Way, WA $ 549,950
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$ 549,950 Get more info
603 SW 307th Street
$ 549,950
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603 SW 307th Street

Federal Way, WA, 98023
$ 549,950
Baths0.0 Sq 1,370

Monthly Estimate*

$ 3,431

Listed by John L. Scott, Inc
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Studio

Multi-Family Home for sale in Federal Way, WA

for $549,950. This 1,370 square foot home was built in 1959 on a lot size of 0.2121.

Welcome to this exceptional Federal Way home in the charming Mirror Lake neighborhood! Set on a spacious corner lot, this property features a detached garage and newly converted downstairs ADU-ideal for extended living, rental income, or multigenerational needs. Enjoy the benefits of being just moments from the local elementary school, making daily commutes a breeze. The expansive lot provides plenty of outdoor space for gatherings, gardening, or future enhancements. Detached garage offers an incredible opportunity for small business owners; comes with plumbing, heating and electrical. Inside, this residence combines comfortable living with income potential and flexibility, in a location known for its convenience and community atmosphere.

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Multi-Family Pending

Price

$ 549,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,376

Style

Duplex

Lot Size

0.2121

Year Built

1959

Town/City

Federal Way

County/Region

King

MLS | Web ID

2453493
Features
General
Living Area 0
Sewer Septic Tank
Heating Ductless Wall Unit(s)
Cooling Ductless Wall Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1959
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Mirror Lake
Special Listing Conditions None
Status Pending
Directions Follow GPS
City Federal Way
Senior Community Y/N N
High School District Federal Way
Open Parking Spaces 6
Number Of Units Total 2
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 9240
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 4376.31
Electric Expense 0
Fuel Expense 0
Public Remarks Welcome to this exceptional Federal Way home in the charming Mirror Lake neighborhood! Set on a spacious corner lot this property features a detached garage and newly converted downstairs ADU-ideal f
Leasable Area 1370
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Units Below Grade true
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0
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Exterior
Exterior Amenities Cement Planked Wood Products
Water Source Public
Total Parking 7
Building Area Total 1370
Lot Size Acres 0.2121
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 6
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Interior
Flooring Engineered Hardwood
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 3
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2453493
Street Number 1 603
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* Excluded Features
List By
Richard Bezus

Listing Agent

John L. Scott, Inc

Broker

Affordability Calculator

$3,796
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$365
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258885 Elementary School
257703 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/7/2025$549,950 Listed Price

Map

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603 SW 307th Street, Federal Way, WA, 98023 is a Multi-Family Home for sale at $549,950 with 1,370 sqft and a lot size of 0.2121. 603 SW 307th Street is a studio with 0.0 baths and was built in 1959. The property's zip code is 98023 which is in Federal Way, WA

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