7418 207th Avenue E, Bonney Lake, WA 98391

Bonney Lake
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: don j. karstedt, susan k. karstedt
Office: rethinking real estate llc.
MLS#:2527663
Source:NWMLS
7418 207th Avenue E,Bonney Lake, WA 98391
$865,000
  • - Beds
  • - Baths
  • 2,788 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$865,000
  • Price per sq. ft.:$310.26
  • Monthly HOA dues:$19.58

About this home

Rare opportunity to own a well-maintained duplex in the highly desirable Lake Tapps area, tucked away on a quiet dead-end street surrounded by mature trees and a peaceful neighborhood setting. Purchased from builder by sellers in 2003, this property has been an exceptional long-term investment with strong appreciation, reliable tenants, and steadily increasing rental income. Each spacious unit offers nearly 1400 sq ft with 3 bedrooms, 2.5 baths, full-size laundry, large primary suites with walk-in closets, private decks, backyards, and oversized 2-car garages, a combination that has made tenant retention remarkably strong. Current tenant in Unit 1 has been extremely reliable and would like to stay. The previous tenant in Unit 2 remained for 9 years. Unit 2 has recently been refreshed with new interior paint, new laminate flooring throughout the main level, new front-load washer and dryer, new water heater, and new range. Unit 2 also features granite countertops, while Unit 1 offers...

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Home facts

  • Year built:2003
  • Listing ID #:2527663
  • Updated:July 21, 2026 at 08:27 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Floor
  • Living area:2,788 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:2003
  • Building area:2,788 sq. ft.
  • Lot area:0.35 Acres
  • Lot Features:Dead-end Street, Paved
  • Construction Materials:Metal/Vinyl Exterior Finish
  • Exterior Features:Deck

Schools

  • High school:Bonney Lake High
  • Middle school:Lakeridge Middle
  • Elementary school:Emerald Hills Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$865,000
  • Price per sq. ft.:$310.26
  • Tax amount:$7,797 (2025)

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:4
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