Residential Development Land with Existing
For Sale
Contact for pricing
37325 8th Ave S, Federal Way, WA 98003
3.4-acre site zoned SR35 with preliminary plat approval for a four-lot short plat and an existing brick home.
Property Size2,060 SF
Lot Size3.40 Acres
Days on Market121
Property Features for 37325 8th Ave S
General Information
Standard status
Active
Size
2,060 SF
Lot size
3.40 Acres
Property subtype
Multifamily, Land
Zoning
SR35
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Amenities
deck
patio
fireplace
views
large windows
Building Details
Construction
brick
Listing Agency:
Landman Inc
(253) 631-9545
Listed By:
David Knight · License #WA
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 11:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landman Inc
Investment Insights
Based on property information with market context.
This Federal Way, WA development site offers 3.4 acres zoned SR35 with preliminary plat approval for a four-lot short plat. The plan contemplates one home on a large lot and three additional large lots for individual dwellings, with road frontage for each.
A brick home on the property is approximately 2,060 square feet and can be moved in or rented as-is, with only minor upgrades needed to improve it. The lower level includes a kitchenette, bedroom, bath, and a separate entrance, and there is finished attic storage plus a deck and patio. The home has two fireplaces and a newer septic.
Utilities available include septic, city water, power, phone, and cable. The buyer will need to finish engineering and build improvements to complete the short plat.
A brick home on the property is approximately 2,060 square feet and can be moved in or rented as-is, with only minor upgrades needed to improve it. The lower level includes a kitchenette, bedroom, bath, and a separate entrance, and there is finished attic storage plus a deck and patio. The home has two fireplaces and a newer septic.
Utilities available include septic, city water, power, phone, and cable. The buyer will need to finish engineering and build improvements to complete the short plat.
Key Highlights
- 3.4‑acre site zoned SR35 in Federal Way (Edgewood)
- Preliminary plat approved by the City of Federal Way for a 4‑lot short plat
- Existing 2,060 SF brick home on a 36,608 SF lot, with newer septic
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 98003, WA
51,751
Population
20,380
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
88%
High-School Grad
11.5 sq mi
ZIP Area
4,500
Density / Sq Mi
$70,800
Median Household Income
$39,497
Median Earnings
$1,650
Median Rent
$428,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 3.4-acre site zoned SR35 with preliminary plat approval for a four-lot short plat and an existing brick home.
Where is this residential land & home lot located?
The property is located at 37325 8th Ave S Federal Way, WA.
What are key features of this property?
This property features: 3.4‑acre site zoned SR35 in Federal Way (Edgewood); Preliminary plat approved by the City of Federal Way for a 4‑lot short plat; Existing 2,060 SF brick home on a 36,608 SF lot, with newer septic
