2504 S 365th Place, Federal Way, WA 98003

$535,000
3
BD
1
BA
1,340
SqFt

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Listing courtesy of Real Broker LLC. Selling Office: Real Broker LLC.

Sold Price
$535,000
List Price
$535,000
Status
SOLD
MLS#
2493617
Closing Date
Apr 30, 2026
Days on Market
9
Bedrooms
3
Finished SqFt
1,340
Area Total SqFt
1340
Annual Tax Ammount
5400
Lot Size (sq ft)
11,730
Fireplace
Yes
Sewer
Sewer Connected

Property Description

RAMBLER. SHOP. POTENTIAL.Why pay for someone else’s remodel when you can create the one you actually want? First time on the market in 58 YEARS, this mid-century rambler in Federal Way sits on a sunny ¼-acre corner lot and offers the kind of opportunity buyers keep hoping to find. The home has great bones, a flexible layout, and plenty of livable space while you update over time. Three bedrooms are tucked on one side of the home, while a large family room anchors the opposite end with a formal living room in-between. The cozy kitchen features a garden window overlooking the backyard, and French doors from the dining room lead to the patio for easy indoor-outdoor living. Outside, the 750 square foot, detached shop/garage sits at the corner of the lot, leaving the yard open for fruit trees, gardens, play space, or even a future sports court. Another rare bonus for this neighborhood: connected to sewer, not septic which gives you tons of flexibility for yard projects. Located just minutes from shopping, dining, entertainment, and easy access to I-5, Hwy 167, and Hwy 18. If you’ve been searching for a Federal Way rambler with a large yard, detached shop, and the chance to remodel to your own taste, this is the kind of opportunity buyers wait years for. Homes with this much yard space, a shop, and sewer service in Federal Way rarely come available at this price point.

Additional Information

Community
Enchanted Village
Style
10 - 1 Story
Basement
None
Year Built
1968
Total Covered Parking
2
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Outbuildings, Patio, Shop
Tax Year
2025
School District
Federal Way
Elementary School
Rainier View Elem
Middle School
Sequoyah Mid Sch
High School
Todd Beamer High
Potential Terms
Cash, Conventional, FHA, Rehab Loan, State Bond, VA Loan
Interior Features
Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Water Heater
Flooring
Vinyl, Carpet
Driving Directions
GPS directions from I-5, Hwy 167 or Hwy 18 will bring you to the property, super convenient location. Be sure to put 365th Place and not just 365th
Appliance
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Living Room
Water Heater Type
Electric
Energy Source
Electric
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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