Sold: Aug 14, 2025

$675,000

0 Beds 0 Baths 2,860 SQFT 0.21 Acres

Type: Multi-Family

18214 74th St E
Bonney Lake, WA 98391

MLS#: 2378901

Presented by: Engel & Voelkers Chambers Bay and NWMLS
Sold by: Windermere RE/Lake Tapps, Inc

Property Description

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.

General

Building Area Units0 sqft

Cap Rate3.5

Carport Spaces0

Carport Y/NNo

CityBonney Lake

Close Price$675,000

CoolingNone

CountyPierce

DirectionsGPS Friendly

Electric Expense0

Fuel Expense0

HOANo

HOA Fee$0

HeatingForced Air

High School DistrictSumner-Bonney Lake

Insurance Expense2048

Leasable Area2,860 sqft

Listing TermsCash Out, Conventional, FHA, Owner Financing, VA Loan

Lot Size Square Feet9,148 sqft

Lot Size UnitsSquare Feet

MLS Area109 - Lake Tapps/Bonney Lake

ModificationTimestamp2025-09-14T11:04:19.809Z

NWM_ShowMapLinkY

Net Operating Income23800

New ConstructionNo

Number Of Units Total2

Open Parking Spaces0

PossessionSubject to Tenant Rights

Property Style52 - Duplex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksAmazing 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 vie

RoofComposition

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusClosed

StatusSold

Structure TypeDuplex

Subdivision NameBonney Lake

Tax Annual Amount$7,578

Tax Year2025

Units Below Gradefalse

Units In Building Total2

Water CompanyCity of Bonney Lake

Water Sewer Garbage565

Year Built1962

Interior

Air Conditioning Y/NNo

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Bedrooms Upper0

Fireplace Y/NNo

FlooringCeramic Tile, Vinyl Plank

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

Exterior

Building Area Total2,860 sqft

Covered Spaces2

Exterior AmenitiesWood Products

Irrigation Water Rights Y/NNo

Lot Size Acres0.21

Parking Uncovered Spaces0

Total Parking2

Water SourcePublic

Waterfront Y/NNo

Similar Properties

$675,000

0 Beds 0 Baths 2,860 SQFT 0.21 Acres

Type: Multi-Family

18214 74th St E
Bonney Lake, WA 98391

MLS#: 2378901

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Property

$675,000

18214 74th St E
Bonney Lake, WA 98391

Property Description

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$675,000

18214 74th St E
Bonney Lake, WA 98391

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$675,000

18214 74th St EBonney Lake, WA 98391

Property Description

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$675,000

18214 74th St EBonney Lake, WA 98391

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18214 74th St E
Bonney Lake, WA 98391

18214 74th St E
Bonney Lake, WA 98391