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1055 S 317th Street Federal Way, WA $ 525,000
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1055 S 317th Street
$ 525,000
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1055 S 317th Street

Federal Way, WA, 98003
$ 525,000
Bedrooms3 Baths1.0 Sq 1,390

Monthly Estimate*

$ 3,233

Listed by Skyline Properties, Inc.
1055 S 317th Street, Federal Way, WA 98003 - Image 1
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1055 S 317th Street, Federal Way, WA 98003 - Image 8
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Single Family Home for sale in Federal Way, WA

for $525,000 with 3 bedrooms and 1 full bath. This 1,390 square foot home was built in 1968 on a lot size of 0.1952.

Discover this prime 3bed/1bath plus bonus room single-family rambler home in Federal Way! Perfectly suited for investors or future owner-occupants! This 1,390 sq.ft. home sits on a spacious 8,505 sq.ft. level lot. It is currently tenant-occupied on a flexible month-to-month lease, providing immediate rental income while maintaining long-term versatility. The interior features a cozy living room with a fireplace and a bright kitchen with a dedicated eating space. A large bonus room (den/office) off the kitchen offers endless possibilities as a gym, extra bedroom, or hobby space. Enjoy a large deck and a huge, fully-fenced backyard complete with a concrete slab and basketball hoop. Newly installed LVP floor thoughtout the house, fresh interior paints, a new washer, and newer gas water heater. Just munites to FW Downtown Light Rail, The Commons Mall, groceries, restaurants, parks, Seatac airport, and major freeways. Perfect location connecting Seattle & Tacoma! Lots of potentials!

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Single Family Active

Price

$ 525,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 4,577

Style

1 Story

Lot Size

0.1952

Year Built

1968

Town/City

Federal Way

County/Region

King

MLS | Web ID

2474944
Features
General
Living Area 1390
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing See Remarks Subject to Tenant Rights
Roof Composition
Appliances Dishwasher(s) Dryer(s) Microwave(s) Refrigerator(s) Washer(s)
HOA Fee 0
Security Features Fully Fenced
Year Built 1968
View Territorial
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County King
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Federal Way
Full Baths 1
Special Listing Conditions None
Status Active
Directions Pls follow GPS which is correct!
High School Buyer To Verify
City Federal Way
Entry Location Main
Senior Community Y/N N
High School District Federal Way
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 8505
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Buyer To Verify
Land Lease Y/N N
Tax Annual Amount 4577
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks Discover this prime 3bed/1bath plus bonus room single-family rambler home in Federal Way! Perfectly suited for investors or future owner-occupants! This 1 390 sq.ft. home sits on a spacious 8 505 sq.
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lakehaven
Total Actual Rent 2850
Property Style 10 - 1 Story
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Interior
Interior Amenities Double Pane/Storm Window Dining Room Fireplace Water Heater
Basement None
Flooring Laminate Vinyl Plank
Total Fireplaces 1
Fireplace Features Gas Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 1
Water Heater Type Gas
Water Heater Location Utility Room
Fireplaces Main 1
Power Production Type Electric Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1
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Exterior
Exterior Amenities Wood Wood Products
Vegetation Brush Garden Space
Parking Features Driveway
Lot Features Paved
Water Source Public
Total Parking 0
Inclusions Dishwasher(s) Dryer(s) Microwave(s) Refrigerator(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 1390
Lot Size Acres 0.1952
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Fully Outbuildings
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Internal Only
OriginalMLSID NWM2474944
Street Number 1 1055
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* Excluded Features
List By
Terri Han

Listing Agent

Skyline Properties, Inc.

Broker

Affordability Calculator

$3,614
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$381
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3100707 Elementary School
3100498 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/30/2026$525,000 Listed Price

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1055 S 317th Street, Federal Way, WA, 98003 is a Single Family Home for sale at $525,000 with 1,390 sqft and a lot size of 0.1952. 1055 S 317th Street has 3 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 98003 which is in Federal Way, WA

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