Listed by Michael J Real Estate LLC
$499,000
PENDING

2019 SW 356th St Federal Way, WA 98023

Estimated payment $2,919/month

Total Views 920
2 Beds
1 Bath
830 Sq Ft
$601 Price per Sq Ft

Highlights

  • Territorial View
  • No HOA
  • 1-Story Property
  • Corner Lot
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

Investor/developer opportunity! Flat high traffic arterial corner lot just shy of an acre, no critical areas, ready to develop. Former home lost to fire—property has been rezoned Neighborhood Business (BN). High-visibility location with excellent access. Zoning allows for a variety of neighborhood-serving commercial uses including retail, office, and mixed-use. Rare chance to redevelop in a growing Federal Way corridor. Bring your vision and maximize the potential of this well-situated site. Buyer bonus and seller financing available!

Listing Agent

Octavio Torres Milano

Michael J Real Estate LLC License #22000574 Listed on: 09/20/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2436085

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1928

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 388'x150'
  • North Facing Home
  • Corner Lot
  • Level Lot
  • Value in Land

Home Design

  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,159

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1928
  • MLS Status: Pending
  • Prev Status: Pending
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 830
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: You deserve it!
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2436085?w=Consumer&agent=139016
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 830
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 830
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: See Remarks
  • View: Territorial
  • Lot Features: Corner Lot, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: North
  • Exterior Features: Wood
  • Property Condition: Fixer
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 2521039022
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.9568
  • Lot Size: 388'x150'
  • Lot Size Sq Ft: 41679
  • Zoning: BN
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3159

Multi Family

  • EnergySource: Electric

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,159 $304,000 $207,000 $97,000
2023 $3,012 $275,000 $173,000 $102,000
2022 $2,783 $297,000 $192,000 $105,000
2021 $2,380 $238,000 $168,000 $70,000
2020 $2,293 $190,000 $145,000 $45,000
2018 $2,321 $179,000 $145,000 $34,000
2017 $2,108 $159,000 $132,000 $27,000
2016 $2,050 $144,000 $120,000 $24,000
2015 $1,902 $134,000 $115,000 $19,000
2014 -- $127,000 $115,000 $12,000
2013 -- $92,000 $81,000 $11,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2025 09/20/25 For Sale $499,000 -- $601 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 First American Title
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2436085

Northwest Multiple Listing Service (NWMLS)

APN: 252103-9022