- 0
- 1
- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
Listed by: Don J. Karstedt (253) 255-1299 , Susan K. Karstedt (253) 255-5966 | Rethinking Real Estate LLC (253) 987-6789
$820,000
Monthly Est:$4,081
6 Beds
6 Baths
2,788sqft
7418 207th Avenue E, Bonney Lake, WA 98391
$820,000
$4,081/moEst:
Get Pre-Approved
Duplex
Built in 2003
$19.58/mo HOA
15,246 sqft lot
$294/sq.ft
Description
Live at Lake Tapps while rental income from next door helps offset housing costs. Rare owner-occupant or investment opportunity on a quiet dead-end street surrounded by mature trees. Each spacious unit offers nearly 1,400 sq ft with 3 bedrooms, 2.5 baths, full-size laundry, large primary suite with walk-in closet, private deck and backyard, plus an oversized 2-car garage. Vacant Unit 2 is move-in ready and recently refreshed with new interior paint, new laminate flooring throughout the main level, new front-load washer and dryer, new water heater, new range and granite countertops. Unit 1 has a reliable month-to-month tenant who would like to stay, providing immediate rental income. Unit 1 also had a furnace replacement and laminate kitchen/dining flooring in 2022. The entire building received a new roof and gutters in 2026. The previous Unit 2 tenant remained for 9 years, reflecting the property's strong tenant appeal. A standout feature is neighborhood membership with private access to Church Lake Park on Lake Tapps, including picnic areas, playground and boat launch access, a rare benefit in an area with limited public lake access. Owned by the sellers since new in 2003, this duplex combines long-term rental appeal, attractive pro forma income potential and the flexibility to live in one side while income from the other helps reduce monthly housing expense. Enjoy Lake Tapps access and a residential setting while building equity with income-producing real estate.
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 4:37 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2527663
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
2003
HOA Fees
$19.58/mo
Finished Area
2,788 sqft
Lot Size
15,246 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2527663
MLS Status
Active
Days on Market
134
Cumulative Days on Market
99
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
HOA Management
N/A
HOA Fees
$235/ Annually
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Interior
Cooling
None
Heating
Forced Air
Exterior Features
Metal/vinyl
Sewer
Sewer Connected
Flooring
Laminate, Vinyl, Carpet
Construction
Year Built
Year Built: 2003
Home type
Duplex
Roof
Composition
Construction Materials
Metal/vinyl
Property Condition
Good
Foundation Details
Poured Concrete
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Church Lake
Lot Features
Dead End Street, Paved
Price History
| Date | Event | Price |
|---|---|---|
08/06/2026 Source: | Listed for Sale | $820,000 -2.96% $294/sqft |
08/06/2026 Source: | Price Increased | $845,000 +3.05% $303/sqft |
08/06/2026 Source: | Price Decreased | $820,000 -5.20% $294/sqft |
07/03/2026 Source: | Pending | $865,000 $310/sqft |
05/23/2026 Source: | Listed for Sale | $865,000 +247.39% $310/sqft |
Show more
Find Homes by Property Features in Bonney Lake, WA
Nearby New Homes For Sale
Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
Advertising Broker: Christy Lee-Naumann (267) 341-8337 | Houzeo Brokerage LLC