33020 22nd Place S Federal Way, WA $ 779,000
33020 22nd Place S
$ 779,000
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33020 22nd Place S

Federal Way, WA, 98003
$ 779,000
Bedrooms6 Baths4.0 Sq 2,410

Monthly Estimate*

$ 4,919

Listed by eXp Realty
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Multi-Family Home for sale in Federal Way, WA

for $779,000 with 6 bedrooms and 4 full baths. This 2,410 square foot home was built in 1979 on a lot size of 0.1733.

Investment OPPORTUNITY ALERT!! Townhouse Style Duplex featuring spacious 2,410 sq. ft across two two-story, 3-bedroom, 1.5-bathroom units, perfect for homeowners and investors alike. Each unit is 1,205 sq. ft, offering generous living space. Unit 33022 has been recently updated with new flooring, fresh paint, modern appliances, and a fully remodeled kitchen and bathroom. Each unit comes equipped with a washer and dryer for your convenience. Enjoy your morning coffee on the deck overlooking a fully fenced backyard, ideal for privacy and outdoor activities. The other unit, 33020, is currently rented, providing immediate income. Situated in a quiet cul-de-sac, this home offers easy maintenance while being conveniently close to everything Federal Way has to offer. You'll find top-notch schools like Lake Dolloff Elementary and Todd Beamer High. Nearby parks, shopping centers, and dining options enhance the appeal of this vibrant community. This move-in-ready duplex provides a unique lifestyle opportunity, live in one unit while generating income from the other.

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Multi-Family Active

Price

$ 779,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,046

Style

Duplex

Lot Size

0.1733

Year Built

1979

Town/City

Federal Way

County/Region

King

MLS | Web ID

2571811

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1979
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 47290
Insurance Expense 1780
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Federal Way
Special Listing Conditions None
Status Active
Directions GPS Friendly. From Pacific Hwy head East on S 330th St. Right onto 22nd Pl S property will be on your left.
High School Todd Beamer High
City Federal Way
Senior Community Y/N N
High School District Federal Way
Number Of Units Total 2
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 7548
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Lake Dolloff Elem
Tax Annual Amount 6046
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Sequoyah Mid Sch
Property Condition Updated/Remodeled
Public Remarks Investment OPPORTUNITY ALERT!! Townhouse Style Duplex featuring spacious 2 410 sq. ft across two two-story 3-bedroom 1.5-bathroom units perfect for homeowners and investors alike. Each unit is 1 205
Leasable Area 2410
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Lakehaven Water
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 1584
Property Style 52 - Duplex
Cap Rate 16.47
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Exterior
Exterior Amenities Metal/Vinyl Wood
Lot Features Cul-De-Sac
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 2410
Lot Size Acres 0.1733
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 2
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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 NWM2571811
Street Number 1 33020
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* Excluded Features
List By
Thai Nguyen

Listing Agent

Exp Realty

Broker

Affordability Calculator

$5,423
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,919
Monthly Property Taxes
$504
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
258388 Elementary School
256675 Middle School
Todd Beamer High High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$779,000 Listed Price

Map


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33020 22nd Place S, Federal Way, WA, 98003 is a Multi-Family Home for sale at $779,000 with 2,410 sqft and a lot size of 0.1733. 33020 22nd Place S has 6 bedrooms, 4.0 baths, and was built in 1979. The property's zip code is 98003 which is in Federal Way, WA