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$610,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,120 Sq. Ft.
  • 2 Car Garage

Listed by Heidi Lee | WeLakeside | (425) 246-1453 and Kenny Lee | WeLakeside | (425) 246-1453
Sold by Sandy B. Vuong | Kelly Right RE of Seattle LLC

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Prime development opportunity or those seeking long-term rental income or starter home in the heart of Federal Way! This expansive 26,224 sq ft corner lot is zoned RM-1800, possibly allowing for up to 14 multifamily units-ideal for builders, investors. The property includes a charming 2-bedroom starter home with utilities already on-site (water, sewer, electricity), plus gas available at the street. Located directly across from retail and just minutes from The Commons Mall, I-5 access, and public transit, this site offers unbeatable convenience and walkability. Whether you're looking to build now or hold for future appreciation, this parcel delivers flexibility, location, and upside.

Full Property Details for 1816 S 312th St

General

  • Sold For: $610,000
  • Taxes: $5,180 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2424886
  • Added to Site: 142 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Main Floor Baths: 2
  • Main - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Additional Information

  • Amenities: Cable TV, Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Attached Garage

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Federal Way
  • Building Name: Solano Heights
  • Driving Directions: From I-5 S - Take exit 147. R on S 272nd St. L on Pac Hwy S. L on S 312th. House on left. From I-5 N - Take exit 143. L on S 320th St. R on Pac Hwy S. R on 312th St. House on Left.
  • Direction Faces: South

School Information

  • High School District: Federal Way
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • Square Feet: 1,120
  • Finished Total: 1,120 Sq. Ft.
  • Year Built: 1957

Lot Features

  • Property View: City, Territorial
  • Lot Size (Acres): 0.602
  • Lot Size (Sq. Ft.): 26,224
  • Lot Size Source: KCR
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Trees/Vegetation: Brush, Fruit Trees, Garden Space

Financial Considerations

  • Tax Amount: $5,180.72
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7853600065

Listed by Heidi Lee | WeLakeside | (425) 246-1453 and Kenny Lee | WeLakeside | (425) 246-1453
Sold by Sandy B. Vuong | Kelly Right RE of Seattle LLC

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1816 S 312th St

School District:Federal Way School District
NameGradesDistance
Wildwood Elementary School, Federal Way, WA
2405 South 300th Street, Federal Way, WA 98003
K-50.8 mi
Sacajawea Middle School, Federal Way, WA
1101 South Dash Point Road, Federal Way, WA 98003
6-80.9 mi
Federal Way Senior High School
30611 16th Avenue South, Federal Way, WA 98003
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1816 S 312th St

Date
Details
Price
Change
Source
9/19/2025
Sold
$610,000
-6.01%
MLS
8/28/2025
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Heidi Lee | WeLakeside | (425) 246-1453 and Kenny Lee | WeLakeside | (425) 246-1453
Sold by Sandy B. Vuong | Kelly Right RE of Seattle LLC

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2016 S 301st Pl, Federal Way, WA 98003 - Photo 1 Sold
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  • 2
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  • 1,360
    Sq. Ft.
Listed by Ambrosia Austin | John L. Scott, Inc. and Kirk Russell | John L. Scott, Inc.
Sold by Veronika Stearns | Skyline Properties, Inc.

1816 S 312th Street, Federal Way, WA 98003 (MLS# 2424886) is a Single Family property that was sold at $610,000 on September 19, 2025. Want to learn more about 1816 S 312th Street? Do you have questions about finding other Single Family real estate for sale in Federal Way? You can browse all Federal Way real estate or contact a Coldwell Banker agent to request more information.