USAWABonney LakeChurch Lake7418 207Th Ave E
Listing image | Image 1

7418 207Th Ave E, Bonney Lake, WA

House

For Sale

Listed price in listed location currency (USD).
$865,000

008

MLS® 2527663

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $7,797
Days Active 34
Lot Size 0.35 Acres
Approx. Age 2003
MLS® Number 2527663

Property Address: 7418 207th Ave E, Bonney Lake, WA, 98391-8617

Average square foot calculated using Size range provided by listing agent.

Description

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 laminate flooring in the kitchen and dining areas. Entire building received a new roof and gutters in 2026. Neighborhood membership includes access to coveted Church Lake Park on Lake Tapps with private picnic areas, playground, + boat launch access, a rare amenity in an area with limited public lake access. Opportunity for either an investor seeking strong rental appeal and upside potential, or an owner-occupant looking to offset mortgage costs with built-in rental income.
MLS® Number2527663
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2003
Basement
Driveway
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 23, 2026List Date
$865,000List Price
  • Commute

Commute

Starting Address
Destination Address
7418 207Th Ave E, Bonney Lake, WA

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