Listed by Ken Crotts • eXp Realty. Bought with Mosaic Realty.
Off market sep 2024 for $825K
—
Est. refi paymentEst. refi$5,938/mo
5
bd
•
4 ba
•
3,529
sq ft
2454 SW 307th St, Federal Way, WA 98023
About this home
OWNER FINANCING AVAILABLE with 15% down. This expansive property, spanning over 3,500 SF, ideal for a multigenerational household or versatile living arrangement with 3 separate living spaces. Apx $73,416 rent potential. The upper unit features 3 bd/1.75 bth, complete with all appliances, including a W/D. The 2 lower units each offer 1 bd/1 bth, also equipped with all appliances and W/D. The seller has consistently rented out each unit individually, maintaining full occupancy. This property presents a unique investment opportunity & could also serve as an excellent adult care home, a potential use the seller has previously considered. Additionally, the upper unit boasts a sound view, the backyard is fenced, & there's space for RV parking.
Site Features: Cable TV,Deck,Fenced-Partially,RV Parking
Lot Features: Curbs, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2222
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $6,056
Tax Year: 2024
Financial Information
Listing Terms: Cash Out, Conventional, FHA, Owner Financing, See Remarks
Utilities
Utility Information
Water Source: Public
Water Company: Lakehaven Water & Sewer
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Lakehaven Water & Sewer
Water Heater Type: Gas
Location
School Information
Elementary School: Adelaide Elem
Middle Or Junior High School: Lakota Mid Sch
High School: Decatur High
High School District: Federal Way
Location Information
Directions: From SW Dash Point Rd turn West on 21st PL SW, left on SW 307th St, home down on the right
Topography: Level,Terraces
Community Information
Senior Exemption: false
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 3,008
Stories: 1.0
Lot Size: 9,680 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1966
Year Renovated: —
County: King County
APN: 416770 0150
Home facts updated by county records on Sep 5, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, June 27, 2024
Green Information
Power Production Type: Electric, Natural Gas
Home Information
Living Area: 3,529
Living Area Units: Square Feet
Calculated Square Footage: 3529
MLS Square Footage Source: Plans
Building Area Total: 3529
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Lakota Palisades Div 2
Structure Type: House
Levels: Multi/Split
Entry Location: Main
Around this home
Schools
Adelaide Elementary School
Public PreK-5 • Assigned • 0.4mi
4/10
Lakota Middle School
Public 6-8 • Assigned • 0.7mi
5/10
Decatur High School
Public 9-12 • Assigned • 0.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Federal Way buyers should compare lot sizes, views, and shopping access in Twin Lakes, Marine Hills, and Dash Point. Sellers should highlight their home’s strengths and price against nearby comparable sales. Explore Dash Point State Park and Dumas...
Situated right along the Puget Sound, Federal Way is best known for its blend of natural beauty, fun attractions, and rich local culture! Locals love it for its vibrant dining scene and convenient location right between Seattle and Tacoma!