$575,000
Est. $2,917/mo4 bd•2,260 sq ft
37135 2nd Avenue Sw, Federal Way, WA 98023
• Listed 2026-05-29•New today
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About this home
Surrounded by nature on nearly 1/3 of an acre, this spacious 2,260 sq ft tri-level home offers the perfect blend of privacy and convenience! Conveniently located close to shopping, freeways, and everyday amenities, this well cared for 3 bed, 3 bath home has been lovingly owned by the same owner since 1979. The upper level features a large living room, kitchen, and dining area ideal for entertaining. The main level offers a spacious primary suite with private bath, slider, and deck overlooking the peaceful natural setting, plus an additional full bath. Lower level includes 2 bedrooms, living area, laundry room with bath, and slider leading outside. Large garage with workshop benches, mini split, and extensive 2023 updates including flooring, carpet, interior/exterior paint, and windows make this home move-in ready! Competitively priced and expected to sell fast, don’t miss this opportunity!
Listed by Kristin Hood • We Lakeside
Listing updated: May 29, 2026 at 11:31am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2531700
Around this home
Schools
Ratings via SchoolDigger- School #1862527030Public · Grades PK-5 · 4.3 mi · State rank 477 of 1,0001/10
- School #602520849Public · Grades 6-8 · 6.9 mi · State rank 138 of 1,0002/10
- School #670816718Public · Grades 9-12 · 5.1 mi—
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.
Sold comparable homes
5 recent nearby sales, priced between $649K and $1.18M.
$978,990Last sold price
36521 Sw 3rd Place Street #4, Federal Way, WA 98023
$1,175,000Last sold price
537 SW 366th Street #3, Federal Way, WA 98023
$648,500Last sold price
1901 Sw 358th Court, Federal Way, WA 98023
Property details
Bedrooms
- 4 bedrooms total
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$3,492 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%.
Lifestyle
1.5/10
Car required
Almost all errands need a car
0.1/10
Bike-limited
Few or no bike lanes
2.7/10
Some Transit
A few nearby transit options
Provided by Walk Score
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Market pulse
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.
Recent sales nearby
Within 1 mile · last 6 months$490,000 Sold
4 months ago
3 bd•2 ba•~1,232 sq ft•Single Family
36935 4th Avenue Sw, Federal Way, WA 98023
2%
Over list
—
Days on market
0.2 mi
Distance
$550,000 Sold
5 months ago
2 bd•1 ba•~940 sq ft•Single Family
37226 1st Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.1 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
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 May 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 12:12 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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