Seller Financing - Lease to Own
Listed By:
Best Choice Realty LLC and NWMLS
Address
2843 Military Road S, Federal Way, WA
Price
$ 445,000
Property Attributes
  • ID#2583972
  • TypeSingle Family
  • CountyKING
  • CityFederal Way
  • AreaDes Moines-Redondo
  • NeighborhoodFederal Way
  • Zip98003
  • Style1 Story
  • Year Built1947
  • Taxes$ 2500
  • Price$ 445,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage560
  • Lot Size1.05 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Attention Builders/Developers/Investors: One (1) acre of residential zone 7200/lot (RS7.2). All utilities: SEWER, Electricity, Water and even GAS are already on the property. There is an existing small house on the lot that has been burned down. Excellent opportunity to build a new house from day 1 with all utilities on site. Build a new house now and subdivide at the same time to build more later. Federal Way is growing. With smaller density zoning, you maybe able to get more lots on this 1 acre piece of land than the current zoning of 7200 sf/lot. Just blocks to I-5 and the new transist station.

Elementary School Middle School High School
Valhalla Elem Kilo Jnr High Thomas Jefferson Hig High School
Price History
9/17/2026 Listed $445,000

General Features

Living Area 560
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Composition
Year Built 1947
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County King
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Federal Way
Full Baths 1
Special Listing Conditions None
Status Active
Directions I-5 South exit 272nd Street. Head east (left) on 272nd. South (right) on Military Road about 1/2 mile. Property on your left.
High School Thomas Jefferson Hig
City Federal Way
Senior Community Y/N No
High School District Federal Way
MLS Area 120 - Des Moines/Redondo
Lot Size Units Square Feet
Lot Size Square Feet 45738
Carport Y/N No
Listing Terms Cash,Lease Purchase,Owner Will Carry,Rehab Loan,See Remarks
Elementary School Valhalla Elem
Land Lease Y/N No
Tax Annual Amount 2500
Middle/Junior High School Kilo Jnr High
Public Remarks Attention Builders/Developers/Investors: One (1) acre of residential zone 7200/lot (RS7.2). All utilities: SEWER,Electricity,Water and even GAS are already on the property. There is an existing small
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lake Haven
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Basement None
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
Power Production Type Natural Gas
Baths Full Main 1
Bathrooms 1

Exterior Features

Exterior Amenities Wood Products
Parking Features None
Lot Features Open Space,Value In Land
Water Source Public
Building Area Total 560
Lot Size Acres 1.05
Waterfront Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98003

Price
AVG $730K
$450K
Taxes
AVG $6,182
$2,500
Year Built
AVG 1978
1947

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