Seller Financing - Lease to Own
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
Taxes
Year Built
Visits
In The Neighborhood
Just Listed
Federal Way
$ 675,000
- Type
- Single Family | Active
- Size
- 2,700 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: Windermere RE West Campus Inc
Federal Way
$ 595,000
- Type
- Single Family | Active
- Size
- 1,410 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Pellego, Inc.
Views
Federal Way
$ 795,500
- Type
- Single Family | Active
- Size
- 3,240 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Charles Taylor Properties LLC
Water Views
Federal Way
$ 885,000
- Type
- Single Family | Active
- Size
- 2,750 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Berkshire Hathaway HS NW
Views
Federal Way
$ 560,000
- Type
- Single Family | Active
- Size
- 1,480 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Coldwell Banker Danforth
Views
Federal Way
$ 574,999
- Type
- Single Family | Active
- Size
- 1,390 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: John L. Scott, Inc
Federal Way
$ 475,000
- Type
- Single Family | Active
- Size
- 1,470 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: Windermere RE South Sound, Inc
Waterfront
Federal Way
$ 1,650,000
- Type
- Single Family | Active
- Size
- 2,640 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: WeLakeside
Federal Way
$ 749,000
- Type
- Single Family | Active
- Size
- 2,480 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: CENTURY 21 Real Estate Center
Views
Federal Way
$ 485,000
- Type
- Single Family | Active
- Size
- 1,410 SqFt
- Rooms
- 3 Beds + 1 Baths
Listed by: Real Broker LLC
Open House
Federal Way
$ 650,000
- Type
- Single Family | Active
- Size
- 1,690 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Goldenrod Realty
Views
Federal Way
$ 650,000
- Type
- Single Family | Active
- Size
- 1,800 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: Realty One Group Turn Key
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This content last updated on September 22, 2026 8:19 AM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
