7418 207th Avenue E, Bonney Lake, WA 98391

Bonney Lake
Local realty services provided by:RSVP Brokers ERA
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 07, 2026 at 10:43 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
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 7, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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