For sale Condo

Listed May 13, 2026

$299,950 Est. $1,984/mo

1040 South 320th Street #5

  • 2

    Beds

  • 2

    Baths

The story

Unit #5 at 1040 South 320th Street is a 2-bedroom, 2-bathroom, two-story condo in Federal Way, WA, built in 1978. It is currently listed at $299,950, with a monthly HOA fee of $475. Highlights include a fireplace.

Welcome home to the gated Trinidad South community in the heart of Federal Way - where comfort, convenience, and location truly come together! This townhome-style condo lives more like a single-family home with a bright, open-concept main floor, spacious great room, and cozy gas fireplace, making it perfect for everyday living and entertaining. Major updates are already done for you: newer deck, windows, slider, and washer & dryer (all just 2 years old). The primary bathroom has been beautifully remodeled, and all appliances stay - this home is totally move-in ready! Step outside to relax on your private deck or enjoy being just minutes from literally everything. You’re close to all kinds of shopping, dining, and entertainment at The Commons at Federal Way, everyday essentials at nearby Costco, Target, Home Depot, Trader Joe's, plus countless restaurants, coffee shops, and many other services nearby. Commuters will definitely love the easy access to the Federal Way Transit Center and Link Light Rail, connecting you to Seattle, Tacoma, and beyond. Low-maintenance living, smart updates, and a location that puts everything within reach. Primary bedroom has been freshly painted. Priced to sell! Seller is offering $5k toward buyer closing costs!

Facts & features

Home type

Condo

Year built

1978

Floors

2

HOA

$475 / monthly

Included features

  • Fireplace

    1 fireplace

  • Heating

    Baseboard

  • Appliances

    Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

  • Flooring

    Laminate, Vinyl, Carpet

  • Roof

    Composition

  • Lot Information

    Paved, Sidewalk

  • Exterior

    Metal/Vinyl

Mortgage calculator

Estimated monthly payment

$1,984 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,596
  • Property tax $300
  • Insurance $87

Includes principal, interest, taxes & insurance.

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Listing Broker

NextHome South Sound

Broker Name

NextHome South Sound

Agent

Dan Benz