Excellent investment or owner-occupant opportunity! This townhome-style duplex features side-by-side units, each offering 3 bedrooms and 2 bathrooms. Interiors boast updated kitchens and modern flooring, along with the convenience of in-unit washer and dryer. Each unit enjoys a fully fenced backyard with a private patio, small flat usable yard, and additional storage—ideal for comfortable everyday living. The location is a standout feature, with easy access to major freeways including I-5 and Hwy 167, and close proximity to the new Light Rail, making commuting to Seattle or Tacoma simple and efficient. Situated near shopping, restaurants, and parks, this property offers strong rental appeal and long-term value. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this centrally located duplex checks all the boxes.
Sold
Listed by: eXp Realty
Bought with: Pellego, Inc.
$730,000
28921 S 28th Place, Federal Way, WA 98003
6beds
4baths
2,250sqft
Multi Family
Built in 1979
-- sqft lot
$723,800 Zestimate®
$324/sqft
$2,384 Estimated rent
Home value
$723,800
$666,000 - $782,000
$2,384/mo
Zestimate® history
Owner options
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$2,384/mo
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$2,384/mo
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$4,372/mo
Est. payment
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List your homeWhat's special
Modern flooringIn-unit washer and dryerPrivate patioSmall flat usable yardFully fenced backyardAdditional storageUpdated kitchens
Zillow last checked:
Listing updated:
Listed by:
Sheila Newberry,
eXp Realty
Bought with:
Olga Gavralov, 132384
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2480243
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Property
Parking
- Total spaces: 2
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,348 sqft
- Features: Dead End Street, Paved, Cable TV, Fenced-Fully, Outbuildings, Patio
Details
- Parcel number: 0294500040
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Multi Family
Materials
- Metal/Vinyl
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1979
- Major remodel year: 1979
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected
- Water: Company: Lakehaven
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Federal Way
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 16 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Sold | $730,000-2.7%$324/sqft |
Source:  NWMLS as distributed by MLS GRID #2480243 Report a problem | ||
| 3/11/2026 | Pending sale | $750,000$333/sqft |
Source: NWMLS as distributed by MLS GRID #2480243 Report a problem | ||
| 3/6/2026 | Listed for sale | $750,000$333/sqft |
Source: NWMLS as distributed by MLS GRID #2480243 Report a problem | ||
| 2/23/2026 | Pending sale | $750,000$333/sqft |
Source: eXp Realty #2480243 Report a problem | ||
| 2/13/2026 | Listed for sale | $750,000+25%$333/sqft |
Source: NWMLS as distributed by MLS GRID #2480243 Report a problem | ||
| 9/15/2022 | Sold | $600,000+2.6%$267/sqft |
Source: NWMLS as distributed by MLS GRID #1963496 Report a problem | ||
| 7/22/2022 | Pending sale | $585,000$260/sqft |
Source: NWMLS as distributed by MLS GRID #1963496 Report a problem | ||
| 7/15/2022 | Price change | $585,000-2.5%$260/sqft |
Source: NWMLS as distributed by MLS GRID #1963496 Report a problem | ||
| 7/6/2022 | Listed for sale | $600,000+9.1%$267/sqft |
Source: NWMLS as distributed by MLS GRID #1963496 Report a problem | ||
| 3/28/2022 | Sold | $550,000+182.1%$244/sqft |
Source: Public Record Report a problem | ||
| 2/27/2004 | Sold | $195,000$87/sqft |
Source: NWMLS as distributed by MLS GRID #23085343 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,240 +6.8% | $611,000 +4.3% |
| 2024 | $5,840 -0.1% | $586,000 +9.9% |
| 2023 | $5,844 +20.5% | $533,000 +8.8% |
| 2022 | $4,848 +12.8% | $490,000 +30.3% |
| 2021 | $4,297 +9.5% | $376,000 +16.8% |
| 2020 | $3,924 +5.6% | $322,000 +4.2% |
| 2019 | $3,716 +9.1% | $309,000 +5.5% |
| 2018 | $3,405 -10% | $293,000 +11% |
| 2017 | $3,784 +18% | $264,000 +8.6% |
| 2016 | $3,208 | $243,000 +5.2% |
| 2015 | $3,208 | $231,000 +5.5% |
| 2014 | $3,208 | $219,000 +18.4% |
| 2013 | $3,208 | $185,000 +4.5% |
| 2012 | -- | $177,000 -7.3% |
| 2011 | -- | $191,000 -12% |
| 2010 | -- | $217,000 |
| 2009 | -- | $217,000 -2.7% |
| 2007 | -- | $223,000 |
| 2006 | -- | $223,000 +20.5% |
| 2005 | -- | $185,000 +25% |
| 2001 | $2,006 +2.4% | $148,000 +6.5% |
| 2000 | $1,958 | $139,000 |
Find assessor info on the county website
Neighborhood: 98003
Nearby schools
GreatSchools rating
- 6/10Valhalla Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10Kilo Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Thomas Jefferson High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$723,800
Get a cash offer in 3 minutes
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Estimated market value
$723,800
- Washington
- King County
- Federal Way
- 98003
- 28921 S 28th Place
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