Listing Office: Tribeca NW Real Estate Northwest Multiple Listing Service Logo

28400 16th Avenue S, Federal Way, WA

$849,500

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3,532

Square feet

0.32

Acres

About 28400 16th Avenue S

Come and see! Perched among a lush canopy of trees in Federal Way’s coveted Redondo neighborhood, this loaded property offers incredible income potential. Spanning 3,852 square feet, this exceptional property is thoughtfully designed as three completely separate, fully equipped living spaces, making it the ultimate setup to live in one unit and rent the other two, host multi-generational living, or lease all three for maximum investment returns. Every single residence boasts its own private kitchen, dedicated in-unit laundry, and an expansive deck designed to soak in the tranquil treed overlook and coastal air. Inside, the home features two expansive primary residences alongside a charming studio apartment above the two-car garage. The 1,530-square-foot main-level unit and the 1,430-square-foot lower-level unit each offer two bedrooms, two bathrooms, and remarkably spacious living areas. Tucked above the garage, the 572-square-foot apartment captures true canopy views, giving tenants or guests their own secluded haven. All this comes with a detached two-car garage and plenty of extra off-street parking. Minutes from the vibrant Redondo Beach boardwalk and Saltwater State Park trails, this unique retreat combines coastal Northwest living and unmatched financial versatility with major commuter convenience, with its proximity to major commuter routes like I-5 and Route 99, shopping hubs including The Commons at Federal Way, and light rail and bus extensions.

Features of 28400 16th Avenue S

MLS® # 2567104
Price $849,500
Square Footage 3,532
Acres 0.32
Year Built 1986
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 28400 16th Avenue S
Area 120 - Des Moines/Redondo
Subdivision Redondo
City Federal Way
County King
State WA
Zip Code 98003

Amenities

Parking Spaces 5
# of Garages 2
View Partial, Territorial
Is Waterfront No

Interior

Heating Forced Air, Wall Furnace
Cooling Forced Air, Heat Pump
Fireplace No
# of Stories 2

Exterior

Exterior Features Wood
Lot Description Corner Lot, Curbs, Paved
Foundation Poured Concrete

School Information

District Federal Way

Additional Information

Date Listed August 12th, 2026
Days on Market 15
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTribeca NW Real Estate

Listing Map

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