MLS: #NWM2527663, Listed By: Don J. Karstedt, Rethinking Real Estate LLC, Source:NWMLS - Northwest Multiple Listing Service
7418 207th Avenue
Bonney Lake, WA 98391
0
Bed
0
Bath
2,788Sqft
0.35Acre(Lot)
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 wi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Flooring: Laminate, Vinyl, Carpet Construction Materials: Metal/Vinyl -
Heating & Cooling
Heating: Forced Air Has Heating: Yes Cooling: None WaterSource: Public
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Building Information
Year Built: 2003 -
Exterior Features
Metal/Vinyl Construction Materials: Metal/Vinyl Foundation Details: Poured Concrete
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Lot Information
Lot Description: Dead End Street, Paved Lot Square Feet: 15246 Lot Acres: 0.35Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Duplex
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Listing Price Information
Original List Price:$895900
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Tax Information
Annual Tax: $7797 Tax Year: 2025 Parcel Number: 3037200900
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Virtual Tour
Parking Information
Total Parking: 8Garage Information
Garage Space: 4Homeowners Association Information
HOA: $235.00 Annually
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School Information
Elementary School: Emerald Hills Elem Junior High School: Lakeridge Middle Senior High School: Bonney Lake High -
Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: Church Lake City: Bonney Lake Direction: From Hwy 410 Bonney Lake, go North on 214th at Safeway, Left on Old Vandermark, left on Church Lake Dr, left on 207th, sign in left
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 22405 22407 120th Street, Bonney Lake, WA, 98391 | $549,950 | -- | -- | 1,536 | 1,536 SqFt |
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Based on information submitted to the MLS GRID as of 06/23/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the 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.
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ByOwner last updated this listing 06/23/2026 @ 18:20
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