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

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Listing provided courtesy of Northwest MLS; Skyline Properties, Inc.

PRICE $525,000
BEDS 3
BATHS 1
HOME SIZE 1,390 sqft
LOT SIZE 8,503 sqft
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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!

LAST UPDATED 1/30/2026 TRACT Federal Way
YEAR BUILT 1968 COMMUNITY Federal Way
COUNTY King STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Heater
AREA 110 - Dash Point/Federal Way
BASEMENT None
CONSTRUCTION Wood Siding
EXTERIOR Garden
FIREPLACE Yes
HEAT Electric, Forced Air, Natural Gas
INTERIOR Dining Room, Double Pane/Storm Window, Fireplace, Water Heater
LOT 8503 sq ft
LOT DESCRIPTION Paved
MLS STATUS Active
PARKING Driveway
STORIES 1
STYLE 10 - 1 Story
SUBDIVISION Federal Way
TAXES 4577
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/2/26 5:32 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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