Listing provided courtesy of Theory Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2501656MLS Provider

31327 12th Place SFederal Way, WA 98003

Single Family · 4 Beds · 2 Full Baths · 1,440 Sq. ft. | 0.22 Acres
$575,000 Active

31327 12th Place S Overview

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Ready to Own the Perfectly Updated Single Story Home in Federal Way? This home has a long term history of positive cash flow and solid tenancy providing so many options as a homeowner / investor! MultiGen / Duplex Functionality OR utilize the space all together! Live in one side and rent the other, or the door that separates them can allow for more fluid living options!! You will love all the updates making this home turn key!! The front unit features 3 bedrooms + 1 full bathroom. Quality laminate throughout. Fresh paint interior and exterior. Updated appliances! Full kitchen with fridge, microwave stove and plenty of space for cooking and dining. The back studio unit was remodeled in the last 5 years - all new cabinetry, kitchen appliances and separate washer/dryer. Giant level, fully fenced back yard could allow expansion. Adult Family Home maybe? 1 car garage attached to front unit. Newer roof and sewer line less than 5 years! This home is near it ALL in Federal Way. NO HOA. (Unit A $2290, Unit B: $1,350 per month.)

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31327 12th Place S Facts & Features

  • Type Single Family
  • Sq. ft. 1,440
  • Price/Sq.ft. $399
  • Lot 0.22 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Federal Way
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Building Information

  • New Construction: No
  • Year Built: 1955

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 110 - Dash Point/Federal Way
  • Subdivision Name: Mirror Lake

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $5,005.00
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, State Bond, VA Loan
  • Parcel Number: 7875200150
  • Property Condition: Good
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Bedrooms Lower: 0
  • Bedrooms Upper: 0

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1440
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1440
  • Square Footage Finished: 1440
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: Unfinished
  • Cooling: No
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Laminate, Vinyl
  • Foundation Details: Block, Pillar/Post/Pier, Poured Concrete
  • Heating: Yes
  • Interior Features: Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
  • Levels: One
  • Living Area: 1440
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Power Production Type: Electric,Oil
  • Security Features: Fully Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking
  • Parking Total: 5
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved
  • Lot Size Acres: 0.2152
  • Lot Size Square Feet: 9375
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Fully, High Speed Internet, Patio, RV Parking
  • Topography: Level, Partial Slope
  • Vegetation: Garden Space
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Direction Faces: South
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 1
  • Exterior Features: Wood Products
  • Sewer: Sewer Connected

Room Information

    Room: Bathroom Full

    • Level: Main

    Room: Bathroom Full

    • Level: Main

    Room: Bedroom

    • Level: Main

    Room: Bedroom

    • Level: Main

    Room: Bedroom

    • Level: Main

    Room: Bonus Room

    • Level: Main

    Room: Dining Room

    • Level: Main

    Room: Entry Hall

    • Level: Main

    Room: Kitchen With Eating Space

    • Level: Main

    Room: Living Room

    • Level: Main

    Room: Primary Bedroom

    • Level: Main

    31327 12th Place S Neighborhood

    Community

    98003 (Federal Way) Demographics

    35
    Median Age
    4,212
    Population Density (per sq. mile)
    37%
    College Educated
    $59,560
    Estimated Median Income
    8,722
    Estimated Total Home Owners
    9,793
    Estimated Total Renters
    47% / 53%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    31327 12th Place S Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    31327 12th Place S Market Data

    Based on the last 30 days in this zip code

    $505,390
    Average List Price
    $301
    Average Price per Square Foot
    39
    Properties Sold
    83
    Average Days on Market
    166
    Properties for Sale
    Calculations provided by Reliance Network

    31327 12th Place S History

    Date Event Value Agent
    6/2/2026Source: NWMLS Price Reduction
    $575,000 -1.7%
    6/2/2026Source: NWMLS Price Reduction
    $575,000 -1.7%
    5/15/2026Source: NWMLS Added to Database
    May 15, 2026
    5/7/2026Source: NWMLS Price Reduction
    $585,000 -1.7%
    4/3/2026Source: NWMLS Added to Database
    April 03, 2026