18206 56th Street Court E, Lake Tapps, WA 98391
- $600,000
- 2,892
- SqFt
Listing courtesy of PPS Homes. Selling Office: KW Mountains to Sound Realty.
- Sold Price
- $600,000
- List Price
- $725,000
- Status
- SOLD
- MLS#
- 2455054
- Closing Date
- Dec 30, 2025
- Days on Market
- 1
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,892
- Area Total SqFt
- 2892
- Annual Tax Ammount
- 8366
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 22,651
- Sewer
- Septic Tank
Property Description
Well cared for duplex w/ fantastic rental history or a great owner occupant. 1,446 sq ft per side, 2 bedrooms and 1.75 baths plus eash unit has a huge den/office w/ closet. Open & vaulted living rooms w/sliding glass doors to the private back yards & propane fireplace inserts. Vinyl windows, Hardie plank siding & newer roof . Durable hard surface flooring & newer carpet. Water, Septic & Landscaping are included in lease amounts. Both units get access to 3 private Lake Tapps parks and boat launches. Recent appraisal (10/2025) at list price.
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Additional Information
- List Date
- 2025-12-29 00:00:00
- Community
- Bonney Lake
- Net Operating Income
- $41,629
- Gross Adjusted Income
- $53,580
- Gross Scheduled Income
- $53,580
- Total Monthly Income
- $4,465
- Insurance Expenses
- $3,585
- Gross Rent Multiplier
- 13.53
- Total Expenses
- $11,951
- Cap Rate
- 5.74
- Total Number of Units
- 2
- Unit Name
- 18206
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1980
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric, Propane
- School District
- Sumner-Bonney Lake
- Elementary School
- Crestwood Elem
- Middle School
- Lakeridge Middle
- High School
- Sumner Snr High
- Total Monthly Income
- $4,465
- Gross Scheduled Income
- $53,580
- Gross Adjusted Income
- $53,580
- Tax Year
- 2025
- Insurance Expense
- $3,585
- Total Expenses
- $11,951
- Net Operating Income
- $41,629
- Gross Rent Multiplier
- 13.53
- Cap Rate
- 5.74
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.