1040 S 320th Street # 5 Federal Way, WA $ 322,000
1040 S 320th Street # 5
$ 322,000
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1040 S 320th Street # 5

Federal Way, WA, 98003
$ 322,000
Bedrooms2 Baths1.1 Sq 1,088

Monthly Estimate*

$ 1,983

Listed by NextHome South Sound
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Condo for sale in Federal Way, WA

for $322,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,088 square foot condo was built in 1978.

Welcome to gated Trinidad South in the heart of Federal Way - where comfort, convenience, and location truly come together. This townhome-style condo lives like a single-family home with a bright, open-concept main floor, spacious great room, and cozy gas fireplace, making it perfect for everyday living and entertaining.Major updates are already done for you: newer deck, windows, slider, and washer & dryer (all just 2 years old). The primary bathroom has been beautifully remodeled, and all appliances stay - this home is truly move-in ready!Step outside to relax on your private deck or enjoy being just minutes from literally everything. You’re close to all kinds of shopping, dining, and entertainment at The Commons at Federal Way, everyday essentials at nearby Costco and Trader Joe's, plus countless restaurants, coffee shops, and many other services nearby.Commuters will love the easy access to the Federal Way Transit Center and Link Light Rail, connecting you to Seattle, Tacoma, and beyond.Low-maintenance living, smart updates, and a location that puts everything within reach. This is the one you’ve been waiting for!

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Condo Active

Price

$ 322,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 3,245

Style

Condo (2 Levels)

Year Built

1978

Town/City

Federal Way

County/Region

King

MLS | Web ID

2521262

Features
General
Living Area 0
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 475
Association Fee Includes Common Area Maintenance Gas Sewer Trash Water
Security Features Security Gate
Pets Allowed Yes
Year Built 1978
View Territorial
Levels Two
Unit Number 5
Property Subtype Condominium
Tax Year 2025
Community Features Cable TV Gated High Speed Int Avail Outside Entry
Building Name Trinidad South
Assoc Fee Paid Per Monthly
County King
New Construction N
Property Type Residential
HOA Y
Subdivision Name Mirror Lake
Facing Direction East
Full Baths 1
Special Listing Conditions None
Status Active
Directions GPS Friendly.
High School Buyer To Verify
City Federal Way
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 0
Carport Y/N Y
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 3245
Middle/Junior High School Buyer To Verify
Public Remarks Welcome to gated Trinidad South in the heart of Federal Way - where comfort convenience and location truly come together. This townhome-style condo lives like a single-family home with a bright open-
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Lakehaven
Unit Features Balcony/Deck/Patio Ground Floor
Units In Building Total 43
Storage Locattion In back off deck
Parking Space Numbers #5
Common Property Features Cable TV High Speed Int Avail Outside Entry Security Gate
Property Style 31 - Condo (2 Levels)
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Interior
Interior Amenities Cooking-Electric Dryer-Electric Fireplace Ground Floor Washer Water Heater
Flooring Laminate Vinyl Carpet
Total Fireplaces 1
Fireplace Features Gas
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 2
Main Level Bedrooms 0
Total Baths 2
Water Heater Type Gas
Water Heater Location Main floor closet
Floor Number of Unit 1
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 2
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 1
Baths Full Main 0
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1.5
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Exterior
Exterior Amenities Metal/Vinyl
Parking Features Carport
Lot Features Paved Sidewalk
Total Parking 0
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Building Area Total 1088
Lot Size Acres 0
Waterfront Y/N N
Irrigation Water Rights Y/N N
Dwelling Type Attached
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Internal Only
OriginalMLSID NWM2521262
Street Number 1 1040
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* Excluded Features
List By
Dan Benz

Listing Agent

Nexthome South Sound

Broker

Affordability Calculator

$2,253
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,983
Monthly Property Taxes
$270
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
Pricing History
DatePricePrice ChangeDescription
5/13/2026$322,000 Listed Price

Map


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1040 S 320th Street # 5, Federal Way, WA, 98003 is a Condo for sale at $322,000 with 1,088 sqft. 1040 S 320th Street # 5 has 2 bedrooms, 1.1 baths, and was built in 1978. The property's zip code is 98003 which is in Federal Way, WA