Federal Way Homes with Conventional Terms

Federal Way Homes with Conventional Terms

Federal Way is a vibrant city located in King County, Washington. Situated in the heart of the Pacific Northwest, this area offers a perfect blend of urban amenities and natural beauty. With its convenient location between Seattle and Tacoma, residents of Federal Way enjoy easy access to both cities, making it an ideal place to call home.

One of the key aspects that make Federal Way attractive to homebuyers is the availability of homes with conventional terms. This means that buyers have the option to secure a mortgage with traditional lending institutions, allowing for a smoother and more straightforward home buying process. Whether you're a first-time homebuyer or looking to upgrade to a larger property, Federal Way offers a wide range of housing options to suit every budget and lifestyle.

From cozy single-family homes in peaceful neighborhoods to modern townhouses and spacious condos, Federal Way has something for everyone. Many homes in the area boast beautiful views of the surrounding mountains or the Puget Sound, adding to the overall appeal of the city.

In addition to its real estate offerings, Federal Way has a lot to offer in terms of amenities and recreational activities. The city is home to several parks, trails, and green spaces, providing ample opportunities for outdoor enthusiasts to explore and enjoy nature. Residents can also take advantage of the various shopping centers, restaurants, and entertainment venues scattered throughout the city.

With its prime location, diverse housing options, and abundance of amenities, Federal Way is a fantastic place to settle down and call home. Whether you're looking for a peaceful suburban retreat or a bustling urban lifestyle, this city has it all.

Newest Federal Way Homes with Conventional Terms

$239,995
2 Beds ⋅ 2 Baths ⋅ 2566896 MLS ⋅ ACTIVE Status
Fresh, bright and move-in ready in a convenient Federal Way location! This updated 2-bedroom, 1.5-bath condo offers 896 square feet of comfortable living with new flooring, fresh interior paint, new trim and beautifully refreshed bathrooms. The open living and dining spaces feel light and inviting, while the cozy fireplace adds warmth and character. The kitchen offers ample cabinetry, generous counter space and a breakfast bar that connects easily to the main living area. Access is super easy to this first floor unit. Step outside to an unusually spacious covered patio—an excellent extension of the living space for relaxing, entertaining or enjoying the outdoors year-round. Both bedrooms offer comfortable proportions and great natural light. Enjoy a community packed with amenities including an outdoor pool, hot tub, clubhouse and dry sauna. Conveniently located near shopping, dining, I-5 and the light rail, making commuting throughout the region exceptionally easy. A fantastic opportunity to own an updated home at an approachable price point!

2508 S 317th Street Unit #208, Federal Way

Listing courtesy of Real Broker LLC.

$260,000
3 Beds ⋅ 2 Baths ⋅ 2566704 MLS ⋅ ACTIVE Status
Whether you’re looking to stop renting and own your own home or seeking a strong investment opportunity, this beautifully updated condo is move-in ready. Enjoy new flooring throughout, fresh interior paint, tastefully updated bathrooms, two covered parking spaces, and ample street parking for guests. Ideally located minutes from downtown Federal Way, downtown Des Moines, major bus routes, and light rail.

29645 18th Avenue S Unit #A201, Federal Way

Listing courtesy of eXp Realty.

$375,000
2 Beds ⋅ 2 Baths ⋅ 2565774 MLS ⋅ ACTIVE Status
Wake up each morning to peaceful water views and end your evenings watching the sun reflect across the lake from your private balcony. Beautifully positioned in one of the community's most desirable locations, this fully remodeled top-floor condo offers the perfect blend of comfort, style, and convenience. Step inside to soaring vaulted ceilings that create an airy, open feel, complemented by abundant natural light and stunning lake views. The designer kitchen has been completely transformed with quartz countertops, custom shaker cabinetry, subway tile backsplash, stainless steel appliances, and elegant finishes that make everyday living feel exceptional. Luxury vinyl plank flooring flows throughout the home, while beautifully updated bathrooms and contemporary fixtures create a polished, move-in-ready space. Even better, the home is being offered fully furnished with quality furnishings, making this an effortless opportunity for homeowners and investors alike. Already established as a successful Furnished Finder rental, this property offers immediate income potential while remaining an incredible place to call home. Outside your door, enjoy private lake access, beautifully landscaped grounds, a community clubhouse, swimming pool, and a lifestyle centered around relaxation and recreation. Whether you're searching for your next home, a weekend retreat, or a proven investment, this exceptional waterfront condo checks every box.

1014 S 312th Street Unit #433, Federal Way

Listing courtesy of Icon Group.

$249,000
2 Beds ⋅ 1 Baths ⋅ 2565782 MLS ⋅ ACTIVE Status
Beautifully updated ground floor condo offering comfort, convenience and potential! Recent improvements include new flooring, fresh interior paint, an updated kitchen, remodeled bath and new heaters. The spacious floor plan features a large living room with a cozy fireplace, a separate dining area, and access to a private covered deck overlooking a peaceful greenbelt. Enjoy he added convenience of assigned parking, ample guest parking and additional storage off the deck. With no rental cap and easy acess to dining, shopping, commuting routes and city amenities, this move-in-ready condo is an excellent opportunity for both homeowners and investors alike.

149 S 329th Place Unit #A5, Federal Way

Listing courtesy of Engel & Volkers Chambers Bay.

$2,725,000
2566450 MLS ⋅ ACTIVE Status
The Lake Apartments is a well-maintained 16-unit garden-style multifamily community at 30853 14th Ave S in Federal Way, offered at an attractive $170,313 per unit. The property delivers a 6.20% in-place CAP rate with clear upside to a 7.41% proforma CAP through raising current below-market rents. Built in 1958 with a new roof installed in 2022, the asset sits on a large 31,050 sq. ft. park-like lot and features on-site laundry, ample private parking, and a balanced mix of one- and two-bedroom units. Located just off Pacific Highway and within approximately one mile of the Federal Way Downtown Link Light Rail Station, the property is also close to Steel Lake and Easter Lake, offering convenient access to recreational amenities. It benefits from strong transit access, high submarket occupancy (96.5%), limited new supply of apartments, and proximity to major employment centers including Sea-Tac Airport and the rapidly growing Kent Valley aerospace and logistics corridor.

30853 14th Avenue S, Federal Way

Listing courtesy of Westlake Associates, Inc..

$239,950
1 Beds ⋅ 1 Baths ⋅ 2562796 MLS ⋅ ACTIVE Status
Welcome home to Village at Redondo! This lovely top-floor, 1-bedroom, 1-bathroom condo invites you into a light-filled living area featuring vaulted ceilings, a cozy wood-burning fireplace, and a seamless flow into the dining space. Enjoy stepping out onto your private patio, cooking in the kitchen adorned with solid granite and tile countertops. The spacious master suite offers a generous walk-in closet for all your storage needs. Unbeatable location with easy access to Redondo Beach, vibrant shopping, dining, I-5, and public transit. Plus, top-tier community amenities—including an outdoor pool, indoor hot tub, fitness center, racquetball court, and clubhouse—are just steps from your front door! HOA dues conveniently cover water, sewer, and garbage. Property Mailing address is 1812 S 284th Lane #C201 Federal Way Best of all? NO RENTAL CAP and NO special assessments! Whether you're looking for a home or a smart investment, this incredible opportunity won't last long.

28300 18th Ave S Unit #C201, Federal Way

Listing courtesy of Best Choice Realty LLC.

$119,950
2 Beds ⋅ 1 Baths ⋅ 2563677 MLS ⋅ ACTIVE Status
Welcome home to an all-ages manufactured home community centrally located near everything you need! This well-maintained [#] Bed / [#] Bath home features an efficient, light-filled layout with [Square Footage] sq ft of cozy living space. Highlights include [Insert 2-3 key features, e.g., updated kitchen / vinyl plank flooring / mini-split AC / spacious deck]. Enjoy ample dedicated parking, private outdoor space, and shed storage. Unbeatable location—just minutes to I-5, Hwy 18, Pacific Hwy, local dining, shopping, and public transit. Low-maintenance, move-in ready, and full of potential!

1660 S 333rd Street, Federal Way

Listing courtesy of Inspire Realty.

$165,000
2 Beds ⋅ 2 Baths ⋅ 2565401 MLS ⋅ ACTIVE Status
At Belmor Home Park, a beautiful 55+ gated community, across from the shopping center, farmers market and bus stop. This is 2 bedrooms; 2 bathrooms move in ready manufactured home in the heart of Federal Way. It features an amazing kitchen with eating space and is completely updated with newer appliances. This home offers a livingroom and family room, 2 spacious bedrooms, the master bedroom has a 5-piece bathroom, spa like to relax at the end of the day in the big tub and an easy to step in shower. Plenty of cabinets and storage area as well as a big shed in the back and a huge yard ready for all kind of planters, it is waiting for you to start growing your fruits and veggies. The parking space is for 2 cars and the stunning 3 golf course is ready for you! Enjoy the community pool and recreation/club house. This park is gated and very well maintained by the management. Lots of activities and friendly atmosphere.

2101 S 324th Street Unit #27, Federal Way

Listing courtesy of Skyline Properties, Inc..

$719,000
4 Beds ⋅ 3 Baths ⋅ 2565127 MLS ⋅ ACTIVE Status
Welcome to this charming contemporary home situated on a spacious corner lot across from the community park. Featuring new carpet and fresh interior paint, this move-in-ready home offers a bright, refreshed feel throughout. The thoughtfully designed floor plan features soaring vaulted ceilings at the entry, expansive living spaces, and a seamless flow that's ideal for both everyday living and entertaining. The main level includes a private office, while upstairs offers four generously sized bedrooms and two full baths. The open-concept great room combines the kitchen, dining, and family room into one inviting gathering space. The spacious primary suite features a walk-in closet and plenty of room to unwind. A large upstairs laundry room provides added convenience, with additional storage tucked beneath the stairs. Step outside to enjoy the fully fenced backyard with a patio, perfect for outdoor entertaining or relaxing. Conveniently located with quick access to I-5, SR 167, and SR 18, making commuting and daily errands a breeze.

3524 S 296th, Auburn

Listing courtesy of John L. Scott, Inc.

$579,000
4 Beds ⋅ 2 Baths ⋅ 2565538 MLS ⋅ ACTIVE Status
Welcome to this beautifully refreshed 4-bedroom, 2-bath home nestled in a beautiful neighborhood. Fresh interior paint along with new landscaping, provide outstanding curb appeal and make this home truly move-in ready. Inside, you'll appreciate the spacious and functional floor plan featuring both a comfortable living room and a separate family room, offering plenty of space for entertaining, relaxing, or accommodating a variety of lifestyles. A cozy fireplace serves as the centerpiece of the living room, creating the perfect gathering place on cool evenings. The four bedrooms including a primary suite provide flexibility for guests or a home office, while the two full bathrooms offer convenience for everyday living. Outside, the refreshed landscaping enhances the home's inviting atmosphere and provides an attractive setting to enjoy year-round. Located in a quiet neighborhood known for its mature surroundings and welcoming feel, this home offers the perfect combination of timeless charm and everyday comfort. Don't miss your opportunity to own this beautifully refreshed home!

32558 7th Place S, Federal Way

Listing courtesy of Rainmakers RE Services LLC.

$298,950
2 Beds ⋅ 2 Baths ⋅ 2545734 MLS ⋅ ACTIVE Status
Top-floor living at Tall Firs Condominiums! Resort-style amenities meet everyday convenience in this beautifully refreshed, move-in-ready 2-bedroom, 1.75-bath home. Fresh interior paint, updated lighting, vinyl plank flooring, and stainless steel appliances create a bright, modern living space. Relax in the inviting living room with a cozy wood-burning fireplace or step onto your private patio to enjoy your morning coffee or unwind after a busy day. The spacious primary suite features a walk-in closet and private ¾ bath, while the second full bath includes a tub. An in-unit washer and dryer are included. Assigned covered carport parking included. HOA dues cover water, sewer, and garbage for added value. Tall Firs is a well-maintained, pet-friendly community with an outdoor pool, tennis and athletic courts, sauna, playground, and beautifully landscaped grounds. Conveniently located near the Federal Way Link Light Rail Station, I-5, SR-99, shopping, dining, grocery stores, parks, and public transportation. FHA and VA approved, offering financing flexibility for qualified buyers. Whether you're a first-time buyer, downsizing, or investing, this affordable top-floor condo offers the perfect blend of comfort, convenience, community, and value. Schedule your private tour today!

1934 SW 318th Place Unit #10-C, Federal Way

Listing courtesy of COMPASS.

$599,750
3 Beds ⋅ 2 Baths ⋅ 2564360 MLS ⋅ ACTIVE Status
Charming updated rambler in Dash point - Federal Way, situated on a corner lot! 2-car garage PLUS a 770 sf SHOP — ideal for hobbies, workshop or collecting/crafting!. Chef's European-style kitchen w/ Shaker cabinetry, LED lighting & stainless appliances. Engineered hardwood throughout, framed by oversized windows & designer lighting. Bathrooms boast high-end tile, accent walls & stylish vanities/fixtures. 3 beds incl. spacious primary w/ Jack-and-Jill bath; 2nd half bath (washer/dryer incl.) offers room to expand into a full/3-4 bath. OVERSIZED bonus room opens to the backyard — entertain in style or convert to a 4th bedroom. Finished garage w/ epoxy floors connects to the shop. Fenced yard w/ mature walnut trees, perfect for BBQs & gatherings. Freshly painted in & out! Minutes to local schools, Steel Lake Park's beach, local beaches, Sacajawea & Wildwood Parks, & Federal Way restaurants and cafes!

853 S 306th Street, Federal Way

Listing courtesy of Pellego, Inc..

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