$322,000
Est. $1,633/mo2 bd•0.5 ba
1040 S 320th Street #5, Federal Way, WA 98003
• Listed 2026-05-13•10 days on market
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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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Welcome to gated Trinidad South in the heart of Federal Way - where comfort, convenience, and location truly come together. This townhome-style condo lives like a single-family home with a bright, open-concept main floor, spacious great room, and cozy gas fireplace, making it perfect for everyday living and entertaining.Major updates are already done for you: newer deck, windows, slider, and washer & dryer (all just 2 years old). The primary bathroom has been beautifully remodeled, and all appliances stay - this home is truly move-in ready!Step outside to relax on your private deck or enjoy being just minutes from literally everything. You’re close to all kinds of shopping, dining, and entertainment at The Commons at Federal Way, everyday essentials at nearby Costco and Trader Joe's, plus countless restaurants, coffee shops, and many other services nearby.Commuters will love the easy access to the Federal Way Transit Center and Link Light Rail, connecting you to Seattle, Tacoma, and beyond.Low-maintenance living, smart updates, and a location that puts everything within reach. This is the one you’ve been waiting for!
Listed by Dan Benz • NextHome South Sound
Listing updated: May 22, 2026 at 09:38am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2521262
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $199K and $777K.
$776,759Last sold price
37517 30th Place S #31, Federal Way, WA 98003
$724,029Last sold price
37505 30th Place S #lot30, Federal Way, WA 98003
$250,000Last sold price
1820 S 330th Street #b, Federal Way, WA 98003
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$1,956 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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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 38 days.
$359,000 Sold
4 months ago
3 bd•2 ba•Condo
32820 S 20th Street S #30, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 mi
Distance
$390,000 Sold
5 months ago
3 bd•1.5 ba•Condo
30849 13th Place S #4, Federal Way, WA 98003
7%
Under list
—
Days on market
0.6 mi
Distance
$168,000 Sold
5 months ago
2 bd•1 ba•Condo
33010 17th Place S #a-108, Federal Way, WA 98003
14%
Under list
—
Days on market
0.9 mi
Distance
$305,000 Sold
6 months ago
2 bd•1 ba•Condo
1006 S 312th Street #233, Federal Way, WA 98003
6%
Over list
—
Days on market
0.5 mi
Distance
$325,000 Sold
6 months ago
2 bd•1.5 ba•Condo
122 S 324th Place #44, Federal Way, WA 98003
0%
Over list
—
Days on market
0.8 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.