Ground-Floor Condo in a Well-Maintained Community with Full Amenities!
Enjoy comfortable living in this inviting ground-floor unit located in a quiet, well-kept complex offering a pool, tennis courts, clubhouse, and more. Relax on your private patio with a small yard, perfect for morning coffee or outdoor lounging.
Inside, you'll find spacious rooms throughout, including a large primary bedroom with a walk-in closet. Recent updates include a newer hot water tank, wall heaters, carpet, and fresh paint. The fireplace adds warmth and charm, and all appliances are included for move-in convenience.
Additional perks include covered parking and a very quiet building in a desirable location close to everything you need. Water/sewer/garbage are included in rent!
Rental Criteria*
685+ credit score
2.75 x rent to income ratio
Satisfactory rental verification
$50 Application fee per adult
$295 administrative fee (non-refundable)
$1955 Security deposit (refundable)
$2250 first months rent (prorated if applicable)
$600 pet deposit
9 month lease
Tenant responsible for all utilities
Renters insurance required
No smoking in rental
Renters Insurance
Sold for $319,000
$319,000
2015 SW 318th Pl #5A, Federal Way, WA 98023
2beds
1,207sqft
Apartment
Built in ----
-- sqft lot
$283,900 Zestimate®
$264/sqft
$2,306 Estimated rent
Home value
$283,900
$267,000 - $301,000
$2,306/mo
Zestimate® history
Owner options
List your home for rent
$2,306/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,306/mo
Rent Zestimate®
Refinance and save
$1,992/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,992/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Covered parkingGround-floor unitTennis courts
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Sauna, Walk In Closet
- Flooring: Carpet, Hardwood, Tile
Interior area
- Total interior livable area: 1,207 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Exterior features: Garbage included in rent, Heating system: Baseboard, No Utilities included in rent, Sewage included in rent, Tennis Court(s), Walk In Closet, Water included in rent
- Spa features: Sauna
Details
- Parcel number: 8561100170
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Utilities & green energy
- Utilities for property: Garbage, Sewage, Water
Community & HOA
Community
- Features: Pool, Tennis Court(s)
- Deposit fee: $1,505
- Application fee: $50
- Administrative fee: $295
HOA
- Amenities included: Pool, Sauna, Tennis Court(s)
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $264/sqft
- Tax assessed value: $295,000
- Annual tax amount: $3,694
- Date on market: 11/19/2025
- Date available: 11/19/2025
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/10/2025 | Price change | $1,800-17.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/1/2025 | Price change | $2,175-3.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2025 | Listed for rent | $2,250$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/17/2023 | Sold | $319,000+87.7%$264/sqft |
Source: Public Record Report a problem | ||
| 4/21/2006 | Sold | $169,950$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,694 +4.3% | $295,000 -2% |
| 2024 | $3,542 +9.4% | $301,000 +3.4% |
| 2023 | $3,237 +21.4% | $291,000 +9.8% |
| 2022 | $2,665 +9.4% | $265,000 +26.2% |
| 2021 | $2,437 +0.4% | $210,000 +6.6% |
| 2020 | $2,426 +11.2% | $197,000 +10.1% |
| 2019 | $2,181 +12.7% | $179,000 +9.1% |
| 2018 | $1,936 -7.6% | $164,000 +13.9% |
| 2017 | $2,094 +46.4% | $144,000 +18% |
| 2016 | $1,430 | $122,000 +7% |
| 2015 | $1,430 | $114,000 +20% |
| 2014 | $1,430 | $95,000 +46.2% |
| 2013 | $1,430 | $65,000 -17.7% |
| 2012 | -- | $79,000 -34.2% |
| 2011 | -- | $120,000 -20% |
| 2010 | -- | $150,000 |
| 2009 | -- | $150,000 -0.7% |
| 2007 | -- | $151,000 +16.2% |
| 2006 | -- | $130,000 +5.7% |
| 2005 | -- | $123,000 +50.4% |
| 2001 | $1,128 +16.2% | $81,800 +22.1% |
| 2000 | $971 | $67,000 |
Find assessor info on the county website
Neighborhood: Lake Ota
Nearby homes
- $310,8003 bd2 ba1.4k sqft2028 SW 318th Pl #1A, Federal Way, WA 98023Off Market

- $258,3002 bd1 ba1.1k sqft2028 SW 318th Pl #1B, Federal Way, WA 98023Off Market
- $261,9002 bd1 ba1.1k sqft2028 SW 318th Pl #1C, Federal Way, WA 98023Off Market
- $328,6003 bd2 ba1.5k sqft2028 SW 318th Pl #1D, Federal Way, WA 98023Off Market
- $320,0003 bd2 ba1.4k sqft2024 SW 318th Pl #2A, Federal Way, WA 98023Sold
- $247,1002 bd1 ba1.2k sqft2024 SW 318th Pl #2B, Federal Way, WA 98023Off Market
- $335,5003 bd2 ba1.4k sqft2024 SW 318th Pl #2C, Federal Way, WA 98023Off Market
- $247,9002 bd1 ba1.2k sqft2024 SW 318th Pl #2D, Federal Way, WA 98023Off Market
- $258,5002 bd2 ba1.2k sqft2020 SW 318th Pl #3A, Federal Way, WA 98023Off Market
Nearby schools
GreatSchools rating
- 4/10Adelaide Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$283,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$283,900