Federal Way Homes with FHA Terms

Federal Way Homes with FHA Terms

Federal Way is a vibrant city located in King County, Washington. Situated in the heart of the state, Federal Way offers a perfect blend of suburban charm and urban convenience. With its proximity to major cities like Seattle and Tacoma, residents enjoy easy access to a wide range of amenities and employment opportunities.

One of the advantages of living in Federal Way is the availability of homes with FHA terms. FHA, or Federal Housing Administration, loans are backed by the government and designed to make homeownership more accessible. These loans often have lower down payment requirements and more flexible credit guidelines, making them an attractive option for first-time buyers or those with limited financial resources.

Whether you're a young professional looking to make your first foray into homeownership or a growing family searching for a spacious abode, Federal Way has a diverse range of properties to suit every need. From cozy townhouses and condos to single-family homes and luxurious estates, there is something for everyone.

In addition to the variety of housing options, Federal Way boasts a plethora of recreational activities and amenities. The city is home to beautiful parks, golf courses, and hiking trails, providing ample opportunities for outdoor enthusiasts to explore and enjoy nature. The vibrant downtown area offers a wide array of shopping, dining, and entertainment options, ensuring that residents have everything they need right at their doorstep.

If you're considering a move to the Pacific Northwest, Federal Way is a fantastic choice. With its welcoming community, convenient location, and homes with FHA terms, this city has a lot to offer prospective homeowners.

Newest Federal Way Homes with FHA Terms

$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.

$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.

$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..

$529,000
3 Beds ⋅ 2 Baths ⋅ 2560643 MLS ⋅ ACTIVE Status
Welcome home to this charming rambler nestled on an expansive lot in the desirable Mirror Lake neighborhood of Federal Way. This well-maintained home features a bright and inviting layout with comfortable living spaces, abundant natural light, and seamless indoor-outdoor flow. Beautiful hardwoods, natural gas fireplace and thoughtful kitchen layout make day to day life a breeze. A large bonus room above the garage which has endless possibilities, easily used as a fourth bedroom, guest quarters, home office or rec room. A spacious garage and driveway provide ample parking and storage, making it easy to accommodate multiple vehicles, guests, or recreational equipment. Step outside to a generously sized backyard with endless possibilities—garden, entertain, expand, or simply enjoy the privacy and open space. The oversized lot offers plenty of room for outdoor recreation, future enhancements, or potential ADU opportunities (buyer to verify). Conveniently located near Mirror Lake, parks, shopping, dining, schools, and major commuter routes, this property combines peaceful neighborhood living with everyday convenience. Whether you're a first-time buyer, downsizing, or looking for a home with room to grow, this Mirror Lake gem offers exceptional value and opportunity.

31226 6th Avenue S, Federal Way

Listing courtesy of Windermere RE West Campus Inc.

$585,000
3 Beds ⋅ 3 Baths ⋅ 2565446 MLS ⋅ ACTIVE Status
Welcome to Single-Level Twin Lakes living! Perfectly positioned along the 13th hole of Twin Lakes Golf & Country Club, this beautifully maintained rambler offers a unique floor plan, spectacular golf course views, and an exceptional setting with minimal golf ball exposure. Spacious living room features a gas-start, wood-burning fireplace, vaulted ceilings with skylights, and expansive windows that showcase the fairway. Hardwood floors and all-new flooring installed in 2022 create a warm, updated interior, while central air conditioning, gas heat, and a gas water heater provide year-round comfort and efficiency. This quiet neighborhood features drive-through security, abundant street parking, and a highly desirable location within the Twin Lakes community. This is your rare opportunity to enjoy golf course living!

31550 39th Avenue SW, Federal Way

Listing courtesy of John L. Scott, Inc.

$595,000
4 Beds ⋅ 3 Baths ⋅ 2533646 MLS ⋅ ACTIVE Status
Welcome to this charming 4-bedroom, 2.5 bathroom tri-level home offering 1,970 sq ft of comfort in the heart of Federal Way! This home features a thoughtful layout with warm and inviting spaces, spacious and open living and dining areas that naturally flow to your private deck and fully-fenced backyard. The chef's kitchen makes it easy to entertain with plenty of cabinet space and a designated pantry. The spacious primary bedroom boasts an en suite bathroom and walk-in closet. Two additional guest bedrooms and large bonus room (or potential 4th bedroom) and dedicated laundry room downstairs. Large two-car garage, boat/RV parking and large a driveway to accommodate all of your guests. Fresh interior paint, professionally cleaned carpets, updated and repainted back deck. Pre-inspected for peace of mind. Excellent location near The Commons, Light Rail, I-5, SR 99, parks, shops, restaurants and schools!

31721 4th Avenue S, Federal Way

Listing courtesy of KW Lake Washington So.

$275,000
2 Beds ⋅ 1 Baths ⋅ 2563971 MLS ⋅ ACTIVE Status
Beautiful top floor unit with vaulted ceilings and a great floor plan. You'll love the two good sized bedrooms and a nicely updated bath. The kitchen and breakfast bar flows nicely into the dining room, the living room and private deck surrounded by a lovely view of the trees and nature. There's plenty of storage inside and out. Home features brand new carpet, newer appliances and an in unit washer/dryer and a newer portable air conditioning left for your comfort. Designated covered carport parking and generous guest parking. Commuter's dream - close to Seatac airport, downtown Seattle and Tacoma. Gorgeous and turnkey, this is a must see!

1804 S 285th Place Unit #D, Federal Way

Listing courtesy of Every Door Real Estate.

$660,000
4 Beds ⋅ 2 Baths ⋅ 2557960 MLS ⋅ ACTIVE Status
Ideally located, just minutes from Redondo Beach and the Federal Way Light Rail Station, this beautifully maintained home has the flexibility for multi-generational living or rental income to offset your mortgage.The main level features 3 bedrooms, a full bath, and a bright living room, as well as a dining area, kitchen and a laundry. You’ll also discover lovely hardwood floors and ample storage. Downstairs you will find a walkout basement with a living room, kitchen, 3/4 bath and a spacious bedroom, complete with a walk-in closet. An unfinished office awaits your improvements.Recent improvements include updated electrical and plumbing, all new appliances in both kitchens, new washers and dryers on both levels, two energy efficient fireplace inserts, new mini-splits, both top and bottom, and new laminate flooring downstairs. Step outside to your own backyard oasis, featuring fig, plum, and pear trees, as well as plenty of space for gardening, entertaining or simply unwinding. Upstairs, you’ll find a generous covered patio, with access to the two-car garage.Conveniently located near shopping, dining, schools, and parks, this home is nestled within a friendly neighborhood, where you’ll discover the perfect blend of comfort, convenience, and functionality.

30633 4th Avenue S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$775,000
4 Beds ⋅ 3 Baths ⋅ 2520162 MLS ⋅ ACTIVE Status
Welcome to Moncalieri, one of Federal Way's most sought-after communities! This beautifully crafted Harbour Home offers over $31,000 in premium upgrades and an exceptional open-concept design perfect for modern living. The spacious great room with rich hardwood floors flows seamlessly into the formal dining area and a stunning chef's kitchen featuring quartz countertops, full-height tile backsplash, stainless steel appliances, and a large center island. The versatile floor plan includes 4 bedrooms, 2.75 bathrooms, and an upstairs loft, with a main-level bedroom and ¾ bath—ideal for guests or multigenerational living. Step outside to a fully fenced backyard with a patio, perfect for entertaining or relaxing year-round. Additional highlights include EV charging wiring, a community playground, and a basketball court. Conveniently located near shopping, dining, parks, schools, and recreation, with quick access to I-5, SR-167, and Highway 18. Outstanding location and move-in ready!

37217 29th Avenue S, Federal Way

Listing courtesy of Berkshire Hathaway HS NW.

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