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Townhouse-Style Duplex
For Sale
$779,000

33020 22nd Pl S, Federal Way, WA 98003

Two-story units offer private outdoor space, in-unit laundry, and a recently renovated residence.

Property SizeContact for details
Days on Market11

Property Features for 33020 22nd Pl S

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,046
Listing Agency: eXp Realty
Listed By: Thai Nguyen
Source: Exprealty
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 31 at 7:13PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This duplex is configured as two two-story residences totaling 2,410 square feet, with each unit measuring 1,205 square feet. Both layouts include three bedrooms and one-and-a-half bathrooms, along with a washer and dryer. Unit 33022 has received updated flooring, interior paint, appliances, and remodeled kitchen and bathroom finishes. A deck overlooks the fully fenced backyard, and the property sits on a cul-de-sac.

Located at 33020 22nd Pl S in Federal Way, the property is near Lake Dolloff Elementary, Todd Beamer High, parks, shopping centers, and dining options. Unit 33020 is currently rented, while the updated unit provides an opportunity for an owner occupant or additional leasing use.

Key Highlights

  • 2,410‑square‑foot duplex with two 1,205‑square‑foot units
  • Each residence includes 3 bedrooms and 1.5 bathrooms
  • Unit 33022 features new flooring, paint, appliances, and remodeled kitchen and bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Garden Center Catering Service Tanning Salon Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

946
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-story units offer private outdoor space, in-unit laundry, and a recently renovated residence.
Where is this duplex located?
The property is located at 33020 22nd Pl S Federal Way, WA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 2,410‑square‑foot duplex with two 1,205‑square‑foot units; Each residence includes 3 bedrooms and 1.5 bathrooms; Unit 33022 features new flooring, paint, appliances, and remodeled kitchen and bathroom
More about this property
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