31327 12th Pl S

2
Baths
1,440 Sq. Ft.
$399 / Sq. Ft.
1,440
Sq. Ft.
$399
per Sq. Ft.

Description

Ready to Own the Perfectly Updated Single Story Home in Federal Way? This home has a long term history of positive cash flow and solid tenancy providing so many options as a homeowner / investor! MultiGen / Duplex Functionality OR utilize the space all together! Live in one side and rent the other, or the door that separates them can allow for more fluid living options! You will love all the updates making this home turn key! The front unit features 3 bedrooms + 1 full bathroom. Quality laminate...Ready to Own the Perfectly Updated Single Story Home in Federal Way? This home has a long term history of positive cash flow and solid tenancy providing so many options as a homeowner / investor! MultiGen / Duplex Functionality OR utilize the space all together! Live in one side and rent the other, or the door that separates them can allow for more fluid living options! You will love all the updates making this home turn key! The front unit features 3 bedrooms + 1 full bathroom. Quality laminate throughout. Fresh paint interior and exterior. Updated appliances! Full kitchen with fridge, microwave stove and plenty of space for cooking and dining. The back studio unit was remodeled in the last 5 years - all new cabinetry, kitchen appliances and separate washer/dryer. Giant level, fully fenced back yard could allow expansion. Adult Family Home maybe? 1 car garage attached to front unit. Newer roof and sewer line less than 5 years! This home is near it ALL in Federal Way. No hoa. (Unit A $2290, Unit B: $1,350 per month.)
  1. Listed by Kristi N Baitcher • Theory Real Estate
    P: (253)-537-4663 youragentkristinicole@gmail.com
  2. Listed by Ronald Dudley • Theory Real Estate
    P: (253)-537-4663 Ron@theoryRE.com

Property Details for 31327 12th Place South

Community Name
Mirror Lake
School District
Federal Way
View
Territorial
Number of Assigned Spaces
5
Total Covered Parking
1
Entry Date
04-03-2026
Energy Source
Electric,Oil
Sewer
Sewer Connected
LISTING UPDATED: 06/02/2026 09:59 AM

Property Details for 31327 12th Place South

StatusActive
MLS #2524704
Days on Market80
Cumulative Days on Market80
Taxes$5,005 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.22 AC / 9,375 SF
CountyKing County

Location

Listing Courtesy of Theory Real Estate
Add your commute

Building Information for 31327 12th Place South

Stories1Residences2Year Built1955Building Size-Lot Size0.22 AC / 9,375 SF

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$3,282 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,865

Property Taxes

$417

HOA Dues

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Property Information for 31327 12th Place South

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Fully, High Speed Internet, Patio, RV Parking
  • Area: 110 - Dash Point/Federal Way
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: Google maps
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 1.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking: No
  • Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: Fully Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric, Oil
Property and Assessments
  • New Construction YN: No
  • Foundation: Block, Pillar/Post/Pier, Poured Concrete
  • First Right Of Refusal: false
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 38
Lot Information
  • Lot Details: Curbs, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7875200150
  • Building Condition: Good
  • Calculated Square Footage: 1440
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1440.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5005
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 3640
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: B
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 440
  • Rent Unit 1: $1,350.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: A
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1000
  • Rent Unit 2: $2,290.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 1440.0

Property History for 31327 12th Place South

DateEvent & SourcePriceAppreciation
Jun 2, 2026

Price Change

NWMLS #2524704

$575,000—
Jun 2, 2026

Price Change

NWMLS #2501656

$575,000—
May 7, 2026

Price Change

NWMLS #2501656

$585,000—
DateEvent & SourcePrice
06/02/2026

Price Change

NWMLS #2524704

$575,000
06/02/2026

Price Change

NWMLS #2501656

$575,000
05/07/2026

Price Change

NWMLS #2501656

$585,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 31327 12th Place South

Taxable ValueLand$174,000Additions$340,000Total$514,000
Tax Record2025$5,300 ($442 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,440 SqFtAbove Ground SqFt1,440 SqFtStories1Lot Size9,375 SqFtStyleSingle Family ResidenceYear Built1955ZoningRS7.2CountyKINGAPN787520-0150Fireplace TypeHas Fireplace

Schools near 31327 12th Place South

This home is within Federal Way School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Mirror Lake Elementary School
PublicPK to 5

Sacajawea Middle School
Public6 to 8

Federal Way Senior High School
Public9 to 12

Internet Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

31327 12th Place South is a multi-family home for sale in Federal Way, WA 98003. This property was listed for sale on April 3, 2026 by Theory Real Estate, it's currently listed at $575,000. It has been on the market for a total of 80 days and was last sold on August 26, 2021. This listing's school district is Federal Way School District. Nearby schools include Mirror Lake Elementary School, Sacajawea Middle School and Federal Way Senior High School. 31327 12th Place South is a 4-bed, 2-bath, 1,440 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Theory Real Estate

Based on information submitted to the MLS GRID as of 06/02/2026 09:59 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.