1055 S 317th Street, Federal Way, WA 98003

• 3 beds |
• 1 bath |
• 1,390 sqft

Property Description

Discover this prime 3bed/1bath plus bonus room single-family rambler home in Federal Way! Perfectly suited for investors or future owner-occupants! This 1,390 sq.ft. home sits on a spacious 8,505 sq.ft. level lot. It is currently tenant-occupied on a flexible month-to-month lease, providing immediate rental income while maintaining long-term versatility. The interior features a cozy living room with a fireplace and a bright kitchen with a dedicated eating space. A large bonus room (den/office) off the kitchen offers endless possibilities as a gym, extra bedroom, or hobby space. Enjoy a large deck and a huge, fully-fenced backyard complete with a concrete slab and basketball hoop. Newly installed LVP floor thoughtout the house, fresh interior paints, a new washer, and newer gas water heater. Just munites to FW Downtown Light Rail, The Commons Mall, groceries, restaurants, parks, Seatac airport, and major freeways. Perfect location connecting Seattle & Tacoma! Lots of potentials!

Listing Status:

Active

Data Last Updated:

February 14, 2026 at 1:20AM

Listing Office:

Skyline Properties, Inc. : 253-604-6000

Listing Agent:

Terri Han : 253-604-6000

MLS ID:

2474944

Interior

• General: Double Pane/Storm WindowDining RoomFireplaceWater Heater
• Appliances: Dishwasher(s)Dryer(s)Microwave(s)Refrigerator(s)Washer(s)
• Basement: None
• Flooring: LaminateVinyl Plank
• A/C: None
• Heating: Forced Air
• Fireplace: GasWood BurningFireplaceFireplaces: 1

Exterior

• General: WoodWood Products
• Parking: DrivewayParking spaces: 0

Construction

• Roofing: Composition
• General: OnePoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Federal Way
• County: King

Lot

• Topography: Level
• Zoning: 3584000350
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls