MLS# 2474944 – 1055 S 317th Street, Federal Way, WA 98003

Listing courtesy of Skyline Properties, Inc. 253-604-6000

Property Description

Description

3 Beds

1 Bath

1,390 Sqft

8,502 Sqft lot

0.20 Acre lot

Status: Active

Property Type: Single Family Residence

Year Built: 1968

Neighborhood: Federal Way

Days on Website: 11

Discover this prime 3bed/1bath plus bonus room single-family rambler home in Federal Way! Perfectly suited for investors or future owner-occupants! This 1,390 sq.ft. home sits on a spacious 8,505 sq.ft. level lot. It is currently tenant-occupied on a flexible month-to-month lease, providing immediate rental income while maintaining long-term versatility. The interior features a cozy living room with a fireplace and a bright kitchen with a dedicated eating space. A large bonus room (den/office) off the kitchen offers endless possibilities as a gym, extra bedroom, or hobby space. Enjoy a large deck and a huge, fully-fenced backyard complete with a concrete slab and basketball hoop. Newly installed LVP floor thoughtout the house, fresh interior paints, a new washer, and newer gas water heater. Just munites to FW Downtown Light Rail, The Commons Mall, groceries, restaurants, parks, Seatac airport, and major freeways. Perfect location connecting Seattle & Tacoma! Lots of potentials!

Property Details and Features

Appliances & Equipment

Appliances:

"Dishwasher(s)", "Dryer(s)", "Microwave(s)", "Refrigerator(s)", "Washer(s)"

Appliances Included:

Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)

Basement

Basement:

"None"

Bathrooms

1 full bathroom

Main Level Bathrooms:

Baths Full Main:

Bedrooms

Bedrooms Total:

Building

Building Area Total:

1390

Building Area Units:

Square Feet

Building Information:

Built On Lot

Calculated Square Footage:

1390

Elevation Units:

Feet

Entry Location:

Main

Levels:

"One"

Living Area:

1390

Structure Type:

"House"

Year Built:

1968

Year Built Effective:

1968

Exterior Features

Exterior Features:

"Wood", "Wood Products"

Fireplaces

Fireplace Features:

"Gas", "Wood Burning"

Fireplaces Main:

Fireplaces Total:

Floors

Flooring:

"Laminate", "Vinyl Plank"

Foundation

Foundation Details:

"Poured Concrete"

Heating

Water Heater Location:

Utility Room

Water Heater Type:

Gas

Home Owner's Association

Association Fee:

Interior Features

Interior Features:

"Double Pane/Storm Window", "Dining Room", "Fireplace", "Water Heater"

Listing

Senior Exemption:

false

Total Actual Rent:

2850

Location

County or Parish:

King

Subdivision:

Federal Way

Lot

Features:

"Paved"

0 acres

8505 square feet

View:

"Territorial"

Miscellaneous

Inclusions:

Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)

Parking

Covered Spaces:

Parking Features:

"Driveway"

Parking Total:

Possession

Possession:

"Closing", "See Remarks", "Subject to Tenant Rights"

Property

Property Condition:

"Very Good"

Site Features:

Deck,Fenced-Fully,Outbuildings

Topography:

Level

Vegetation:

"Brush", "Garden Space"

Roof

Roof:

"Composition"

Schools

Elementary School:

Buyer To Verify

Middle Or Junior School:

Buyer To Verify

High School District:

Federal Way

High School:

Buyer To Verify

Sewer

Sewer:

"Sewer Connected"

Sewer Company:

Waste Management

Utilities

Power Company:

PSE

Power Production Type:

"Electric", "Natural Gas"

Water Company:

Lakehaven

Water Source:

"Public"

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Contact an Agent

Ted Williams

971 373-8294 Email Me

Location

$525,000 -

1055 S 317th Street Federal Way , WA 98003

County or Parish: King

Street View

Market Trends for 98003, Federal Way, WA

Nearby Schools

Recent Sales in the Area

Listings last updated on February 10, 2026 3:56PM.

Ted Williams

971 373-8294

1055 S 317th Street Federal Way , WA 98003

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

Ted Williams

Location

Street View

Market Trends for 98003, Federal Way, WA

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby