2504 S 365th Place Federal Way, WA $ 535,000
2504 S 365th Place
$ 535,000
Recently Listed
Open House 3/22 1pm - 3pm
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2504 S 365th Place

Federal Way, WA, 98003
$ 535,000
Bedrooms3 Baths1.0 Sq 1,340

Monthly Estimate*

$ 3,294

Listed by Real Broker LLC
2504 S 365th Place, Federal Way, WA 98003 - Image 1
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Single Family Home for sale in Federal Way, WA

for $535,000 with 3 bedrooms and 1 full bath. This 1,340 square foot home was built in 1968 on a lot size of 0.2693.

RAMBLER. SHOP. POTENTIAL.Why pay for someone else’s remodel when you can create the one you actually want? First time on the market in 58 YEARS, this mid-century rambler in Federal Way sits on a sunny ¼-acre corner lot and offers the kind of opportunity buyers keep hoping to find. The home has great bones, a flexible layout, and plenty of livable space while you update over time. Three bedrooms are tucked on one side of the home, while a large family room anchors the opposite end with a formal living room in-between. The cozy kitchen features a garden window overlooking the backyard, and French doors from the dining room lead to the patio for easy indoor-outdoor living. Outside, the 750 square foot, detached shop/garage sits at the corner of the lot, leaving the yard open for fruit trees, gardens, play space, or even a future sports court. Another rare bonus for this neighborhood: connected to sewer, not septic which gives you tons of flexibility for yard projects. Located just minutes from shopping, dining, entertainment, and easy access to I-5, Hwy 167, and Hwy 18. If you’ve been searching for a Federal Way rambler with a large yard, detached shop, and the chance to remodel to your own taste, this is the kind of opportunity buyers wait years for. Homes with this much yard space, a shop, and sewer service in Federal Way rarely come available at this price point.

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Open House

3/22/2026 1:00 PM - 3:00 PM
2504 S 365th Place Federal Way, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 535,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 5,400

Style

1 Story

Lot Size

0.2693

Year Built

1968

Town/City

Federal Way

County/Region

King

MLS | Web ID

2493617

Features
General
Living Area 1340
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing See Remarks
Roof Composition
Appliances Dishwasher Dryer Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Security Features Fully Fenced
Year Built 1968
View Territorial
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Building Name Edgewood Manor
County King
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Enchanted Village
Facing Direction South
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Active
Directions GPS directions from I-5 Hwy 167 or Hwy 18 will bring you to the property super convenient location. Be sure to put 365th Place and not just 365th
High School Todd Beamer High
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 11730
Carport Y/N N
Listing Terms Cash Conventional FHA Rehab Loan State Bond VA Loan
Elementary School Rainier View Elem
Land Lease Y/N N
Tax Annual Amount 5400
Middle/Junior High School Sequoyah Mid Sch
Property Condition Good
Public Remarks RAMBLER. SHOP. POTENTIAL.Why pay for someone elses remodel when you can create the one you actually want? First time on the market in 58 YEARS this mid-century rambler in Federal Way sits on a sunny
Virtual Tour https://my.matterport.com/show/?m=FFdxvdM2icb&mls=1
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lakehaven Water
Property Style 10 - 1 Story
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Interior
Interior Amenities Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Fireplace French Doors Water Heater
Basement None
Flooring Vinyl Carpet
Total Fireplaces 2
Fireplace Features Electric 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 Electric
Water Heater Location Living Room
Fireplaces Main 2
Power Production Type Electric
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 Garden Space
Parking Features Driveway Detached Garage Off Street
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 2
Inclusions Dishwasher(s) Dryer(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 1340
Lot Size Acres 0.2693
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully Outbuildings Patio Shop
Parking Uncovered Total 3
Lot Number 41
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Internal Only
OriginalMLSID NWM2493617
Street Number 1 2504
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* Excluded Features
List By
Laura Papritz

Listing Agent

Real Broker Llc

Broker

Affordability Calculator

$3,744
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,294
Monthly Property Taxes
$450
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
4934093 Elementary School
256675 Middle School
Todd Beamer High High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$535,000 Listed Price

Map


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2504 S 365th Place, Federal Way, WA, 98003 is a Single Family Home for sale at $535,000 with 1,340 sqft and a lot size of 0.2693. 2504 S 365th Place has 3 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 98003 which is in Federal Way, WA