$485,000

31125 S 5th Ave S Federal Way, WA 98003

$5,759
Closing credit¹
3 beds
2 full
1,120 sqft
0.4 acres
$433 / sqft
House

Property details

About 31125 S 5th Ave S

Great location rambler seating on over 1/3 acres, backing to a vacant land. Close to major highways , I-5, federal way mall, shopping center, near multiple buses lines and federal way Light rail station . The home offers 3 bedrooms and 2 full bathrooms and 1 attached covered garage with a plenty of parking space and RV. Freshly painted rooms and new hardwood floor in all rooms. kitchen with eating space and all appliances stay. Come make it yours.

Highlights

HeatingForced Air
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air
Size1,120 sqft
Lot size0.3619 Acres
Year built1941
ParkingDriveway, Attached Garage, Off Street, RV Parking
MLS #2361188
Attached garage1 space
ViewTerritorial

Summary

  • Full Bathrooms: 2
  • Flooring Type: Hardwood
  • Interior: Hardwood
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage, Off Street, RV Parking
  • View: Territorial
  • Exterior: Wood
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $485,000
  • Price/SqFt: $433
  • Lot: Dead End Street
  • Directions: Going South on Hyw 99, turn right on 312 and then right again on 5th Ave S, it is the 3rd house on the left.
  • Year Built: 1941
  • Living Area: 1,120 SqFt
  • Lot Size: 0.3619 Acres
  • MLS Number: 2361188
  • MLS Name: NWMLS
  • Office Name: KW Greater Seattle
  • Office Phone: (206) 632-2636
  • Listing Agent: Takele Gobena

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 2:17:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home with decorative driveway and a garage

$485,000

31125 S 5th Ave S

$5,759

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Mirror Lake Elementary School

Public District KG-5

0.3 mi

625 S 314th St

3

Lake Grove Elementary School

Public District KG-5

0.5 mi

303 SW 308th St

4

Adelaide Elementary School

Public District KG-5

1.4 mi

1635 SW 304th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $62,074. Residents of Federal Way, WA typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
47%
35k-100k
26%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

30%
Single, No Kids
12%
Single, with Kids
29%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
43%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Minor League Baseball GamesMinor League Baseball Games
  • Symphony or OperaSymphony or Opera
  • TennisTennis

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Chico'sChico's
  • IKEAIKEA

Where do the neighbors go to eat?

  • Chick-fil-AChick-fil-A
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • KiaKia
  • VolvoVolvo
  • JeepJeep

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 31125 S 5th Ave S

The listing price of 31125 S 5th Ave S property is $485,000.

The property 31125 S 5th Ave S is a house located in Federal Way, Washington, 98003.

Accepting Backup Offers: 31125 S 5th Ave S is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 31125 S 5th Ave S are: Mirror Lake Elementary School (GreatSchools Rating 3/10), Lake Grove Elementary School (GreatSchools Rating 3/10), Adelaide Elementary School (GreatSchools Rating 4/10), Sacajawea Middle School (GreatSchools Rating 3/10), Lakota Middle School (GreatSchools Rating 3/10), TAF Academy at Saghalie (GreatSchools Rating 2/10), Federal Way High School (GreatSchools Rating 3/10), Open Doors Youth Reengagement (1418) (GreatSchools Rating 1/10), Internet Academy (GreatSchools Rating 3/10).

The property at 31125 S 5th Ave S has 3 bedrooms and 2 bathrooms.

The property 31125 S 5th Ave S is 1,120 SqFt (source: MLS/tax record).

The year of construction for 31125 S 5th Ave S is 1941.

This home is located at 31125 S 5th Ave S in Federal Way, WA and zip code 98003 in the Mirror Lake neighborhood. This 1,120 square foot home, which was built in 1941, sits on a 0.36 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $485,000.

In April 2025 more than 22 listings in Federal Way, WA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 22 were sold below. The number of listings in Federal Way, WA increased by 7.2% between March and April 2025. While the average time on the market in April 2025 was 43 days, the median list price was $600,036.

From Rocket Homes Real Estate and based on county public records data.

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