23315 121st Court E, Buckley, WA 98321

$635,000
1,916
SqFt

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Listing courtesy of Washington Realty Group. Selling Office: Keller Williams Realty.

Sold Price
$635,000
List Price
$620,000
Status
SOLD
MLS#
2317536
Closing Date
Jan 15, 2025
Days on Market
5
Style
52 - Duplex
Finished SqFt
1,916
Area Total SqFt
1916
Annual Tax Ammount
5690
Lot Size (sq ft)
24,996
Sewer
Septic Tank
Offer Review Date
2024-12-30

Property Description

Located at the end of a quiet cul-de-sac, this charming one-story duplex sits on a generous lot and offers the perfect chance to combine homeownership with income potential. With one side currently vacant, you can move in and enjoy your new home while generating rental income from the other unit. Room to bring current rents up to market rates. Tenants pay all utilities and are billed back for water. Ideal for owner-occupants or savvy investors, this property offers privacy, convenience, and long-term value. Don’t miss out—schedule your showing today!

Additional Information

List Date
2025-01-10 00:00:00
Community
Bonney Lake
Net Operating Income
$28,863
Gross Adjusted Income
$42,486
Gross Scheduled Income
$43,800
Total Monthly Income
$3,650
Insurance Expenses
$1,023
Gross Rent Multiplier
14.27
Total Expenses
$13,623
Cap Rate
4.62
Vacancy Rate
3
Total Number of Units
2
Unit Name
23315
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
1985
Roof
Composition
Site Features
Deck, Fenced-Partially
Other Expenses
6910
Energy Source
Electric
School District
White River
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,650
Gross Scheduled Income
$43,800
Vacancy Rate
3
Gross Adjusted Income
$42,486
Tax Year
2024
Insurance Expense
$1,023
Total Expenses
$13,623
Net Operating Income
$28,863
Gross Rent Multiplier
14.27
Cap Rate
4.62
Based on information submitted to the MLS GRID as of . 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.
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