Federal Way WA 98003 MLS #NWM2551807

Federal Way, WA, 98003
$715,000
5 Beds
2 Baths
1,750 SqFt
0.23 Acres
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MLS #NWM2551807 image #0
Listing Provided Courtesy of Keller Williams North Seattle
This property meets all of the legal requirements to operate an adult family home business, with one through six residents, but it has capacity for up to eight (two single rooms and three doubles). The sale conveys the lease agreement with the tenant. The income-generating rambler sits on a 10,000 plus square-foot lot in the Mirror Lake community in Federal Way. The owner spent nearly $100,000 to renovate the property: updated the bathrooms, added two additional bedrooms, and turned the one-car garage into a laundry and storage room. The business home features: ADA accessible ramps at both entrances; hardwood floors and carpets throughout; a wood fireplace and an enormous street-facing window in the living room, with an open-dividing wall between it and the kitchen and dining room; wooden cabinets; French doors that open to a manicured PNW yard; and a master bedroom with a half ensuite. All appliances convey with the home, including: Kenmore Elite induction stove, Samsung fridge, washer and dryer, a wooden dining table, and some medical equipment and state-of-the-art medical beds.

Property Details

Price:
$715,000
MLS #:
NWM2551807
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Mirror Lake
Neighborhood:
110dashpointfederalway
Listed Date:
Jul 9, 2026
Finished Sq Ft:
1,750
Total Sq Ft:
1,750
Lot Size:
10,108 sqft / 0.23 acres (approx)
Year Built:
1961
Boni Heights Add110 – Dash Point/federal Way110dashpointfederalwayMirror LakeFederal WayBuyer To VerifyBuyer To VerifyBuyer To VerifyTerritorial

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Schools

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

Interior

Appliances
Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Forced Air
Fireplaces Total
1
Flooring
Ceramic Tile, Hardwood, Laminate, See Remarks, Vinyl, Carpet
Heating
90%+ High Efficiency, Baseboard
Interior Features
Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Security System
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
5

Exterior

Attached Garage YN
1
Construction Materials
Wood
Direction Faces
West
Exterior Features
Wood, Wood Products
Parking Features
Driveway, Attached Garage, Off Street
Parking Spots
2
Parking Total
2
Roof
Composition
Security Features
Fully Fenced, Security System
View
Territorial

Financial

Tax Year
2026
Taxes
$5,496

Map

Community

Market Summary

Current real estate data for Single Family in Federal Way as of Jul 27, 2026
255
Single Family Listed
63
Avg DOM
346
Avg $ / SqFt
$778,073
Avg List Price

Property Summary

    Located in the Mirror Lake subdivision, Federal Way WA is a Single Family for sale in Federal Way, WA, 98003. It is listed for $715,000 and features 5 beds, 2 baths, and has approximately 1,750 square feet of living space, and was originally constructed in 1961. The current price per square foot is $409. The average price per square foot for Single Family listings in Federal Way is $346. The average listing price for Single Family in Federal Way is $778,073. To schedule a showing of MLS#nwm2551807 at in Federal Way, WA, contact your Best in the West agent at 206-351-5550.

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