30348 13th Avenue S Unit #1 & 2, Federal Way, WA 98003

$584,900
2,260
SqFt

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Listing courtesy of Real Estate Gladiators.

List Price
$584,900
Status
ACTIVE
MLS#
2562765
Days on Market
0
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,260
Area Total SqFt
2260
Lot Size (sq ft)
7,148

Property Description

GREAT OPPORTUNITY FOR 2017 NEW DUPLEX - Investor or Owner/Occupant option; Live in Owner's unit & let tenant pay half of your mortgage! Fully permitted extensive remodel in 2017. All new roof, windows, insulation, drywall, electric, plumbing, decks, kitchens, baths, doors, trim, heating, lighting, floors, hot water heaters, landscaping, & CUSTOM RV/Boat Storage! New concrete side sewer, sidewalks, driveway & RV Storage Pad with 30AMP Electric. Main level features 2 units. Unit 2 is vacant and perfect for owner occupant; has access stairs off 304th between home & RV Storage. Unit 2 has huge great room with vaulted ceilings, 2 Bedrooms, Custom Kitchen with Granite Counters, Full Bath, Deck through a sliding door over looking the back yard & stackable washer/dryer included in hall closet. Similar late in Unit 1 which has a long term tenant. Basement Level has 1,510 sqft divided into 5 sections. 2 sections are 380 sqft deep garage for each unit (Total 760sf.) Door A is 17'x26' Storage Unit that rents for $300/month . Door B is 250 sqft storage unit that rents for $200/month. Door C is small tenants access with hot water heaters & a little storage. RV or Boat or Trailer storage is 800 sqft (20'x40') rents for $500/month. Across the street from Federal Way High School & less than 5 minutes to all of the shopping, restaurants, entertainment, services on the 320th St, 348th St & Hwy 99 corridors. 5 minutes to the freeway for a great commute!

Additional Information

List Date
2026-08-01 00:28:12
Community
Federal Way
Net Operating Income
$46,658
Gross Adjusted Income
$56,400
Gross Scheduled Income
$56,400
Total Monthly Income
$4,700
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$1,500
Gross Rent Multiplier
10.4
Total Expenses
$9,742
Cap Rate
8
Total Number of Units
5
Unit Name
30348
Potential Terms
Cash, Conventional, FHA, See Remarks, VA Loan
Year Built
1962
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, RV Parking
Electric Expenses
192
Energy Source
Electric
School District
Federal Way
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,700
Gross Scheduled Income
$56,400
Gross Adjusted Income
$56,400
Tax Year
2026
Insurance Expense
$2,000
W/S/G Expenses
$1,500
Total Expenses
$9,742
Net Operating Income
$46,658
Gross Rent Multiplier
10.4
Cap Rate
8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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