Investment OPPORTUNITY ALERT!! Townhouse Style Duplex featuring spacious 2,410 sq. ft across two two-story, 3-bedroom, 1.5-bathroom units, perfect for homeowners and investors alike. Each unit is 1,205 sq. ft, offering generous living space. Unit 33022 has been recently updated with new flooring, fresh paint, modern appliances, and a fully remodeled kitchen and bathroom. Each unit comes equipped with a washer and dryer for your convenience. Enjoy your morning coffee on the deck overlooking a fully fenced backyard, ideal for privacy and outdoor activities. The other unit, 33020, is currently rented, providing immediate income. Situated in a quiet cul-de-sac, this home offers easy maintenance while being conveniently close to everything Federal Way has to offer. You'll find top-notch schools like Lake Dolloff Elementary and Todd Beamer High. Nearby parks, shopping centers, and dining options enhance the appeal of this vibrant community. This move-in-ready duplex provides a unique lifestyle opportunity, live in one unit while generating income from the other.
Active
Listed by: eXp Realty • Thai Nguyen
$779,000
33020 22nd Place S, Federal Way, WA 98003
6beds
4baths
2,410sqft
Duplex, Multi Family
Built in 1979
-- sqft lot
$763,100 Zestimate®
$323/sqft
$-- HOA
What's special
- 4 days |
- 138 |
- 9 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Thai Nguyen,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2571811
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,410
- Total interior livable area: 2,410 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 2
Lot
- Size: 7,548 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: 2412600140
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Metal/Vinyl, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1979
- Major remodel year: 1979
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven Water
- Water: Company: Lakehaven Water
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $323/sqft
- Tax assessed value: $621,000
- Annual tax amount: $6,046
- Date on market: 8/20/2026
- Cumulative days on market: 6 days
- Listing terms: Conventional,FHA
Estimated market value
$763,100
$725,000 - $801,000
$2,238/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $779,000+332.8%$323/sqft |
Source:  NWMLS as distributed by MLS GRID #2571811 Report a problem | ||
| 1/17/2025 | Listing removed | $2,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/4/2025 | Price change | $2,395-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/7/2024 | Listed for rent | $2,495+4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/15/2023 | Price change | $2,395-0.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2023 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/28/2000 | Sold | $180,000$75/sqft |
Source: NWMLS as distributed by MLS GRID #20042521 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,394 +5.8% | $621,000 +3% |
| 2024 | $6,046 -0.2% | $603,000 +9% |
| 2023 | $6,056 +3.2% | $553,000 -7.4% |
| 2022 | $5,866 +10.3% | $597,000 +27.3% |
| 2021 | $5,317 +11.3% | $469,000 +18.7% |
| 2020 | $4,778 +4.9% | $395,000 +3.7% |
| 2019 | $4,555 +9.3% | $381,000 +5.5% |
| 2018 | $4,169 -8.7% | $361,000 +12.8% |
| 2017 | $4,565 +23.2% | $320,000 +16.8% |
| 2016 | $3,704 | $274,000 +1.5% |
| 2015 | $3,704 | $270,000 +6.3% |
| 2014 | $3,704 | $254,000 +21% |
| 2013 | $3,704 | $210,000 +2.4% |
| 2012 | -- | $205,000 +1.5% |
| 2011 | -- | $202,000 -7.3% |
| 2010 | -- | $218,000 |
| 2009 | -- | $218,000 -4% |
| 2007 | -- | $227,000 +11.3% |
| 2006 | -- | $204,000 |
| 2005 | -- | $204,000 +10.9% |
| 2001 | $2,466 +3.6% | $184,000 +7.6% |
| 2000 | $2,381 | $171,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98003
Nearby schools
GreatSchools rating
- 4/10Lake Dolloff Elementary SchoolGrades: PK-5Distance: 2 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Lake Dolloff Elem
- Middle: Sequoyah Mid Sch
- High: Todd Beamer High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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