$769,000
Est. $3,901/mo7 bd•2,930 sq ft
3420 Sw 344th Street, Federal Way, WA 98023
• Listed 2025-03-24•New today
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Based on information submitted to the MLS GRID as of May 29, 2026 at 7:31 PM 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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$5,000 closing cost paid for Buyer. House hack instantly! This 2930 sqft home sits on a ½ acre corner lot currently generating $2,150/month from two qualified tenants, fully separate from the main house - previously generating $7,500/month when fully rented. Enjoy a private home while bringing in the income and central AC in the summer! Large private deck overlooking the fenced yard, and garden space. Just a few minute walk to Starbucks, Walgreens, QFC, and MultiCare. Perfect for multi-generational living or rentals - earn while you live!
Listed by Geoffrey Flores • HomeSmart One Realty
Listing updated: July 26, 2025 at 04:02am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2370466
5 recent nearby sales, priced between $675K and $1.17M.

$750,000Last sold price
3420 Sw 344th Street, Federal Way, WA 98023

$685,000Last sold price
3307 Sw 331st Street, Federal Way, WA 98023

$675,000Last sold price
30022 2nd Place Sw, Federal Way, WA 98032
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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 29 days.
$625,000 Sold
5 months ago
4 bd•1.5 ba•~2,240 sq ft•Single Family
2840 Sw 342nd Street, Federal Way, WA 98023
3%
Under list
—
Days on market
0.3 mi
Distance
$3,150 Sold
5 months ago
3 bd•2.5 ba•Single Family
33901 28th Place Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.5 mi
Distance
$650,000 Sold
5 months ago
5 bd•2 ba•~2,330 sq ft•Single Family
33422 29th Place Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.6 mi
Distance
$685,000 Sold
6 months ago
7 bd•2 ba•~2,370 sq ft•Single Family
3307 Sw 331st Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 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
0.4 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 May 2026
4.8/10
Car-Dependent
Most errands require a car
3.3/10
Some bikeability
Minimal bike infrastructure
3.5/10
Some Transit
A few nearby transit options
Provided by Walk Score
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.