Amazing investment opportunity or ideal for house-hackers! This spacious 2,860 sq. ft. duplex sits on a corner lot in the heart of Bonney Lake, right across from Bonney Lake and Park. Enjoy scenic views, outdoor fun and everyday convenience just steps away. Each unit includes 3 bedrooms, 1 bathroom, a full kitchen, living room, in-unit laundry, private entrance, and its own single-car garage. Originally a single-family home, now a duplex—potential to convert back. Rents are currently below market; comps suggest approx. $1,900/month per unit. Shared yard and plenty of on-site parking. Close to schools, shopping, dining, and commuter routes. Owner financing available. Don't disturb tenants. Showings by appt only. Buyer to verify all info.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2378901
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,578
Year Built
Built in 1962
Home Design
Duplex
Composition Roof
Wood Composite
Interior Spaces
2,860 Sq Ft Home
2-Story Property
Flooring
Ceramic Tile
Vinyl Plank
Bedrooms and Bathrooms
6 Bedrooms
2 Bathrooms
Parking
2 Parking Spaces
2 Covered Spaces
Additional Features
9,148 Sq Ft Lot
Forced Air Heating System
Community Details
No Home Owners Association
Bonney Lake Subdivision
Listing and Financial Details
Assessor Parcel Number 0520283127
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,578
Year Built
Built in 1962
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi Family
StyleCode: 52 - Duplex
Year Built: 1962
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 2860
EffectiveYearBuiltSource: Public Records
SOCComments: 2.5
Special Features: None
Cumulative Days on Market: 62
Interior Features
Total Bedrooms: 6
Fireplace: No
Flooring: Ceramic Tile, Vinyl Plank
Interior Amenities: Ceramic Tile
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Exterior Features
Roof: Composition
View: No
Waterfront: No
Construction Type: Wood
Exterior Features: Wood Products
Structure Type: Duplex
Garage/Parking
Carport Y N: No
Covered Parking Spaces: 2
Open Parking: No
Total Parking Spaces: 2
ParkingUncoveredSpaces: 0
Utilities
Sewer: Sewer Connected
Water Source: Public
Cooling: None
Cooling Y N: No
Heating: Forced Air
Heating Yn: Yes
PowerCompany: PSE
SewerCompany: City of Bonney Lake
WaterCompany: City of Bonney Lake
WaterSewerGarbage: 565
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Sumner-Bonney Lake
Lot Info
Parcel Number: 0520283127
Lot Size Acres: 0.21
Lot Size Sq Ft: 9148
Irrigation Water Rights: No
ShowMapLink: true
MLSLotSizeSource: realist
MLSSquareFootageSource: realist
Green Features
Power Production Type: Electric
Rental Info
GrossRentMultiplier: 16
LeasedItems: None
TotalMonthlyIncome: 3350
Multi Family
Gross Scheduled Income: 40200
Net Operating Income: 23800
Number Of Units Total: 2
Insurance Expense: 2048
Leasable Area: 2860
EnergySource: Electric
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2025
Tax Annual Amount: 7578
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Don’t miss this updated 4-bedroom, 3-bath duplex set on just over 1/2 acre! This home offers fresh interior paint and brand-new luxury vinyl plank flooring throughout, combining style with low-maintenance living. A cozy wood-burning fireplace insert adds warmth and charm, perfect for cool Northwest evenings. Enjoy peace of mind with a newer roof, energy-efficient vinyl windows, and brand-new
This home is located at 18214 74th St E, Bonney Lake, WA 98391 and is currently priced at $685,000, approximately $239 per square foot. This property was built in 1962. 18214 74th St E is a home located in Pierce County with nearby schools including Bonney Lake Elementary School, Lakeridge Middle School, and Bonney Lake High School.
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