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Explore Similar Apartments Within 2 Miles of Redondo-Federal Way, WA

  • /16

    $750,000

    • 4 Beds
    • 4 Baths
    • 2,250 Sq Ft

    28921 28th Place S, Federal Way, WA 98003

    Excellent investment opportunity in a high-demand rental area! Ideal for first-time investors or owner-occupants. This side-by-side townhouse-style duplex offers private, fenced backyards, 2 beds, 1.5 baths per unit, updated kitchens, in-unit washer/dryers, and off-street parking. One unit will be vacant by end of August—perfect for FHA/VA owner-occupant financing. Conveniently located near

    Pamela Davison Redfin

    28921 28th Place S, Federal Way, WA 98003
  • /31

    $849,950

    • 6 Beds
    • 4 Baths
    • 2,716 Sq Ft

    2716 S 256th Place, Kent, WA 98032

    Excellent Investment Opportunity! Don’t miss this well-maintained 4-unit multifamily property located at the end of a quiet dead-end street. This versatile property features: Two 2-bedroom, 1-bath units and Two 1-bedroom, 1-bath units. A well-balanced unit mix ideal for steady rental income. Key improvements include a new roof, windows, siding, and gutters (10 yrs ago). Upper units are vacant,

    Brenda Courtade Berkshire Hathaway HS NW

    2716 S 256th Place, Kent, WA 98032
  • /17

    $2,995,000

    • 28 Beds
    • 17 Baths
    • 9,612 Sq Ft

    30853 14th Ave S, Federal Way, WA 98003

    Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and will be close to the future Federal Way light rail stop. Groceries, restaurants, transit, and

    Shavic Jones Windermere Real Estate Co.

    30853 14th Ave S, Federal Way, WA 98003
  • /9

    $675,000 New Construction

    • 8 Beds
    • 8 Baths

    4950 S 298th St, Federal Way, WA 98001

    Prime Development Opportunity! Approved permits in hand for an 8-unit multifamily project featuring thoughtfully designed 1-bedroom, 1-bath units perfect for strong rental demand. Sale is for land only. Located in a thriving neighborhood with excellent access to amenities, transit, and major highways. Offering a flexible turnkey solution for developers or investors. This fully permitted project

    Vadim Polishchuk Skyline Properties, Inc.

    4950 S 298th St, Federal Way, WA 98001

Why Live in Redondo-Federal Way

In Redondo-Federal Way, the Pacific Highway commercial corridor provides plenty of retail and restaurant options to the surrounding clusters of residential areas. Multiple housing types are found throughout, and outdoor recreation is easy to access. “Truly, the outstanding aspects of this community are its location, accessibility and affordability,” says Real Estate Broker Paula Huse with Berkshire Hathaway HomeServices Northwest Real Estate, who has almost 30 years of experience. The neighborhood is just 2 miles north of downtown Federal Way, putting it almost equidistant to Seattle and Tacoma. Single-family homes lined along Redondo-Federal Way’s residential streets come with driveways and grassy front lawns decorated with shrubbery and mature trees. Midcentury ranch-style homes are common, alongside bi-level homes and split-levels built in the 1980s and 1990s. Contemporary multistory homes are also found in the neighborhood with pointed roofs and front gables. Prices range between $550,000 and $800,000, depending on property size. “We have more affordable housing in Federal Way than most urban areas closer to Seattle,” Huse says. Multiple condo communities sit close to Pacific

Home Trends in Redondo-Federal Way, WA

Housing Trends

Median Sale Price
$297,495
Median Single Family Sale Price
$588,625
Median Townhouse Sale Price
$295,000
Median 2 Bedroom Sale Price
$274,999
Median 1 Bedroom Sale Price
$247,500
Average Price Per Sq Ft
$322
Number of Homes for Sale
11
Last 12 months Home Sales
32
Months of Supply
4.10
Median List Price
$298,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%
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