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$865,000
2527663 MLS PENDING Status
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.

7418 207th Avenue E, Bonney Lake

Listing courtesy of Rethinking Real Estate LLC.

$725,000
2504216 MLS SOLD Status
Exceptional investment opportunity in Bonney Lake with this well-maintained duplex situated on a spacious 1/2 acre lot. Each unit offers 3 bedrooms and 1.5 baths, featuring an open-concept main level designed for comfortable living and entertaining. Private decks just off the dining rooms—perfect for BBQ'ing or relaxing. The property boasts a private drive with abundant parking, including ample space for RVs, boats, and multiple vehicles. A generous 5-foot-tall crawl space under each unit provides extensive storage options rarely found in similar properties. Ideally located just around the corner from Allan Yorke Park and beautiful Lake Tapps, this duplex offers both convenience and lifestyle appeal. Professionally managed with long-term tenants already in place, this is a turnkey investment you won’t want to miss.

7316 194th Avenue E, Bonney Lake

Listing courtesy of Jina J Real Estate. Selling Office: Jina J Real Estate.

$549,950
2501728 MLS PENDING INSPECTION Status
Investment Opportunity on Nearly 1 Acre in Bonney Lake! Rare duplex set in the desirable White River School District, this single-story property features 1,536 total square feet with two side-by-side units, ideal for owner-occupancy with rental income or multi-generational living. One unit is currently owner- occupied and the other is tenant-occupied month-to-month, creating flexibility for future plans. Situated on a paved street with partial fencing, the expansive lot offers ample off-street parking (4+ uncovered spaces) and room for additional outbuildings, recreational vehicles, or potential value-add improvements (buyer to verify). This duplex presents a solid footprint with upside potential. Conveniently located near Hwy 410, shopping, dining, and commuter routes, this is a unique opportunity to own acreage with income potential in a rapidly growing Bonney Lake market.

22405 22407 120th Street E, Bonney Lake

Listing courtesy of Best Choice Realty LLC.

$750,000
2439016 MLS SOLD Status
Welcome to this beautifully maintained 2-story duplex townhome just moments from Lake Tapps and Allen Yorke Park. Each spacious side has 3 bedroom, 2.5-bath, 1398sq ea side offering an ideal layout with a generously sized primary featuring an ensuite bath. Recently updated and FULLY RENTED, w/ excellent tenants this investment property is fully turn key. Enjoy a fenced backyard w/ a private patio, ideal for relaxing or entertaining. The attached 2-car garage on each side adds convenience, plus auto openers. Each unit comes w/ a washer and dryer + the location can't be beat - walking distance to local parks and just minutes from Bonney Lake Elementary. A wonderful blend of comfort, space, & community! New paint, carpet, fence, yard & more!

7510 193rd Avenue E Unit #1 & 2, Bonney Lake

Listing courtesy of COMPASS. Selling Office: Multifamily Properties.

$900,000
2398302 MLS SOLD Status
Rare 2007-built duplex with lake views in prime Bonney Lake! This side-by-side townhome-style duplex offers 2,112 SF per unit, each featuring 3 beds, 3.5 baths, 2-car tandem garages, and private outdoor spaces. Located on a quiet dead-end street right on Lake Tapps and minutes from amenities in Bonney Lake. Community lake access and a nearby park. Enjoy stunning lake views from the property. Current rental income is $5,800/month with great tenants. One unit is fully renovated with LVP flooring, SS appliances, updated counters and cabinetry, lighting, and vanities. The other unit has fresh paint and has been well-maintained over time. Pre-inspected with rental pro forma available. Live in one, rent the other, or rent both! Turnkey and ready!

20835 20837 60th Street E, Bonney Lake

Listing courtesy of eXp Realty. Selling Office: John L. Scott R.E.Tacoma North.

$675,000
2378901 MLS SOLD Status
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.

18214 74th St E, Bonney Lake

Listing courtesy of Engel & Voelkers Chambers Bay. Selling Office: Windermere RE/Lake Tapps, Inc.

$700,000
2360831 MLS SOLD Status
Investor alert! This one-owner, custom-built duplex has been impeccably maintained and is a rare opportunity for high-quality cash flow. Each 2 bed, 1.5 bath unit offers 1,017 sq ft of thoughtfully designed space with open layouts, attached 1-car garages, energy-efficient heat pumps for year-round comfort, washer/dryer hookups, and large concrete patios. Built to last with new Hardi-Plank siding, tongue & groove cedar soffits, charming covered porches, newer roofs (2017), and fresh exterior paint. Fully occupied with long-term tenants and a waiting list. All appliances included (W/D excluded). Situated on nearly ¾ acre with abundant off-street parking—this is a low-maintenance, turn-key asset for the savvy investor.

22424 South Prairie Road E, Bonney Lake

Listing courtesy of Pointe3 Real Estate. Selling Office: Skyline Properties, Inc..

$710,000
2361372 MLS SOLD Status
Investor alert! This one-owner, custom-built duplex has been impeccably maintained and is a rare opportunity for high-quality cash flow. Each 2 bed, 1.5 bath unit offers 1,017 sq ft of thoughtfully designed space with open layouts, attached 1-car garages, energy-efficient heat pumps for year-round comfort, washer/dryer hookups, and large concrete patios. Built to last with new Hardi-Plank siding, tongue & groove cedar soffits, charming covered porches, newer roofs (2017), and fresh exterior paint. Fully occupied with long-term tenants and a waiting list. All appliances included (W/D excluded). Situated on nearly ¾ acre with abundant off-street parking—this is a low-maintenance, turn-key asset for the savvy investor.

22428 South Prairie Road E, Bonney Lake

Listing courtesy of Pointe3 Real Estate. Selling Office: RE/MAX Integrity.

$520,000
2339142 MLS SOLD Status
*NEW PRICE* Great investment opportunity! This charming rambler duplex in Bonney Lake offers a partial lake view, private beach access, and exclusive access to the Lake Tapps private boat launch. With 1440 sq ft in total, Unit B features a spacious 3-bed,1.75-bath, while the other Unit A is a cozy 1-bedroom, 1-bath unit at 440 sq ft. Live in one and rent the other, or maximize your income potential as a rental property. Enjoy the beauty of Bonney Lake while offsetting your mortgage. Close to schools, shopping, dinning and freeways. With Low annual HOA Dues, don't miss out on this fantastic opportunity to be near the lake! Offering 10k credit towards closing costs! Motivated Sellers, bring your offer!

20621 Church Lake Drive E, Bonney Lake

Listing courtesy of PNW Realty. Selling Office: John L. Scott, Inc.

$685,000
2177333 MLS SOLD Status
Welcome to this charming duplex in Bonney Lake, situated on a coveted corner lot just moments away from the picturesque Lake Tapps & Allen York Park, close to walking trails, playground, swim beach, paddleboard rentals & more. Thoughtfully designed layout, this property is perfect for owner-occupied homeownership for savvy first-time buyers, or an investment opportunity. Each unit has a spacious 2-car garage with ample parking & storage space, 3 beds, 2.5 baths. The spacious separate fenced yards offer privacy, space for relaxation & entertainment. Don't miss this exceptional property that checks all the boxes for savvy investment or owner-occupied homeownership & investment.

7501 193rd Avenue E, Bonney Lake

Listing courtesy of Windermere Abode. Selling Office: Berkshire Hathaway HS NW.

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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