$499,000
Est. $2,531/mo2 bd•830 sq ft
2019 Sw 356th Street, Federal Way, WA 98023
• Listed 2025-09-20•New today
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Based on information submitted to the MLS GRID as of June 1, 2026 at 9:44 AM PDT (date and time MLS GRID Data was obtained). 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.
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Investor/developer opportunity! Flat high traffic arterial corner lot just shy of an acre, no critical areas, ready to develop. Former home lost to fire—property has been rezoned Neighborhood Business (BN). High-visibility location with excellent access. Zoning allows for a variety of neighborhood-serving commercial uses including retail, office, and mixed-use. Rare chance to redevelop in a growing Federal Way corridor. Bring your vision and maximize the potential of this well-situated site. Buyer bonus and seller financing available!
Listed by Octavio Torres Milano • Michael J Real Estate LLC
Listing updated: November 17, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2436085
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $445K and $570K.
$530,000Last sold price
2019 Sw 356th Street, Federal Way, WA 98023
$445,000Last sold price
2916 58th Avenue Ne, Federal Way, WA 98422
$569,900Last sold price
1721 Sw 348th Street, Federal Way, WA 98023
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 26 days.
$588,500 Sold
4 months ago
3 bd•2 ba•~1,444 sq ft•Single Family
35616 15th Ave Sw, Federal Way, WA 98023
1%
Over list
—
Days on market
0.3 mi
Distance
$885,000 Sold
5 months ago
4 bd•2.5 ba•~2,850 sq ft•Single Family
709 Sw 353rd Place, Federal Way, WA 98023
3%
Under list
—
Days on market
0.8 mi
Distance
$1,695,000 Sold
6 months ago
4 bd•3.5 ba•~5,540 sq ft•Single Family
35825 4th Place Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
1.0 mi
Distance
$620,000 Sold
6 months ago
3 bd•2.5 ba•~1,920 sq ft•Single Family
2829 Sw 349th Place, Federal Way, WA 98023
1%
Under list
—
Days on market
0.7 mi
Distance
$630,000 Sold
6 months ago
4 bd•2.5 ba•~1,810 sq ft•Single Family
1124 Sw 354th Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.