Fantastic colonial town-home style duplex. Units mirror each other. Both feature 2 bedrooms, 2 baths, washer & dryer hookups, wood burning fireplaces & garages with plenty of storage. Nice level, wooded lot & located across the street from Steel Lake Park. Less than 2 minutes from Light Rail, shopping, restaurants and freeway. Excellent investment!!
Sold
Listed by: John L. Scott, Inc.
Bought with: John L. Scott, Inc.
$525,000
31117 24th Avenue S, Federal Way, WA 98023
--beds
--baths
2,220sqft
Multi Family
Built in 1982
-- sqft lot
$500,100 Zestimate®
$236/sqft
$2,414 Estimated rent
Home value
$500,100
$460,000 - $545,000
$2,414/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael S Morrow,
John L. Scott, Inc.
Bought with:
Michael S Morrow, 71865
John L. Scott, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2344397
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 2,220
- Total interior livable area: 2,220 sqft
Property
Parking
- Total spaces: 2
- Parking features: RV Parking
- Covered spaces: 2
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,461 sqft
- Features: Dead End Street, Paved, Gas Available, RV Parking
Details
- Parcel number: 0537000680
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1982
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Steel Lake
Other
Other facts
- Cumulative days on market: 380 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2025 | Sold | $525,000$236/sqft |
Source:  NWMLS as distributed by MLS GRID #2344397 Report a problem | ||
| 2/6/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 11/25/2021 | Listed for rent | $1,850+23.3%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/25/2019 | Listing removed | $1,500$1/sqft |
Source: WPM South, LLC Report a problem | ||
| 6/7/2019 | Price change | $1,500-11.8%$1/sqft |
Source: WPM South, LLC Report a problem | ||
| 5/2/2019 | Listed for rent | $1,700+21.4%$1/sqft |
Source: WPM South, LLC Report a problem | ||
| 12/9/2017 | Listing removed | $1,400$1/sqft |
Source: Windermere Property Management South, LLC. Report a problem | ||
| 10/20/2017 | Listed for rent | $1,400$1/sqft |
Source: WPM South, LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,223 +7% | $605,000 +4.3% |
| 2024 | $5,817 +0.4% | $580,000 +9.8% |
| 2023 | $5,791 +0.4% | $528,000 -10.1% |
| 2022 | $5,771 +13% | $587,000 +30.4% |
| 2021 | $5,109 +9.6% | $450,000 +16.9% |
| 2020 | $4,661 +5.6% | $385,000 +4.3% |
| 2019 | $4,415 +9.1% | $369,000 +5.4% |
| 2018 | $4,045 -10% | $350,000 +11.1% |
| 2017 | $4,495 +22.8% | $315,000 +8.6% |
| 2016 | $3,662 | $290,000 +9.4% |
| 2015 | $3,662 | $265,000 +5.6% |
| 2014 | $3,662 | $251,000 +18.4% |
| 2013 | $3,662 | $212,000 +5% |
| 2012 | -- | $202,000 -6.9% |
| 2011 | -- | $217,000 -4.4% |
| 2010 | -- | $227,000 |
| 2009 | -- | $227,000 -2.6% |
| 2007 | -- | $233,000 |
| 2006 | -- | $233,000 +2.6% |
| 2005 | -- | $227,000 +22.7% |
| 2001 | $2,479 +2.4% | $185,000 +6.3% |
| 2000 | $2,422 | $174,000 |
Find assessor info on the county website
Neighborhood: Steel Lake
Nearby schools
GreatSchools rating
- 5/10Wildwood Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$500,100
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
$500,100
- Washington
- King County
- Federal Way
- 98003
- Steel Lake
- 31117 24th Avenue S
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