Bought with: Keller Williams Rty Tacoma
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22405 22407 120th ST E Bonney Lake, WA 98391
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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $312
Subdivision Bonney Lake
MLS Listing ID 2501728
Sold Date 08/13/26
Style 52 - Duplex
Bedrooms 4
Year Built 1978
Annual Tax Amount $5,293
Lot Size 0.927 Acres
Property Sub-Type Multi Family
Property Description
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.
Location
State WA
County Pierce
Area 109 - Lake Tapps/Bonney Lake
Interior
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Fenced-Partially
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Foothills Elem
Middle Schools Glacier Middle Sch
High Schools White River High
School District White River
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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