ActiveMulti Family

7418 207th Avenue E

Bonney Lake, WA 98391· Church Lake

$820,000

MLS# NWM2527663

2,788

Sq Ft

0.35

Acres

119

Days Listed

7418 207th Avenue E photo 20
7418 207th Avenue E photo 1
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Listed By:
Don J. KarstedtRethinking Real Estate LLCSusan K. KarstedtRethinking Real Estate LLC

About This Home

Live at Lake Tapps while rental income from next door helps offset housing costs. Rare owner-occupant or investment opportunity on a quiet dead-end street surrounded by mature trees. Each spacious unit offers nearly 1,400 sq ft with 3 bedrooms, 2.5 baths, full-size laundry, large primary suite with walk-in closet, private deck and backyard, plus an oversized 2-car garage. Vacant Unit 2 is move-in ready and recently refreshed with new interior paint, new laminate flooring throughout the main level, new front-load washer and dryer, new water heater, new range and granite countertops. Unit 1 has a reliable month-to-month tenant who would like to stay, providing immediate rental income. Unit 1 also had a furnace replacement and laminate kitchen/dining flooring in 2022. The entire building received a new roof and gutters in 2026. The previous Unit 2 tenant remained for 9 years, reflecting the property's strong tenant appeal. A standout feature is neighborhood membership with private access to Church Lake Park on Lake Tapps, including picnic areas, playground and boat launch access, a rare benefit in an area with limited public lake access. Owned by the sellers since new in 2003, this duplex combines long-term rental appeal, attractive pro forma income potential and the flexibility to live in one side while income from the other helps reduce monthly housing expense. Enjoy Lake Tapps access and a residential setting while building equity with income-producing real estate.

Listing Updated: Sep 14, 2026, 10:43 PM UTC

Photos Updated: Sep 14, 2026

OnSite last checked: Sep 17, 2026, 5:13 PM UTC|Source: NWMLS as Distributed by MLS Grid #NWM2527663

Listing provided courtesy of Northwest MLS. Information contained herein is derived from different sources but has not been independently verified by OnSite Real Estate Group, MLS Grid, or the MLS, and should be verified by the buyer. 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 or agent presenting the information.

Property Details

Property TypeMulti Family
StyleDuplex
Year Built2003
Living Area2,788 sqft
Lot Size15,246 sqft
Lot Acres0.35 ac
Garage Spaces4
Total Parking8
HeatingForced Air
CoolingNone
Energy RatingThermal Windows
SewerSewer Connected
WaterPublic
FlooringLaminate, Vinyl, Carpet
RoofComposition
FoundationPoured Concrete
HOA Fee$235/mo
Maintenance$235/mo
Annual Taxes$7,797 (2025)
Lot FeaturesDead End Street, Paved
Lot SourceCounty
ExtrasDeck
Days on Market119
ListedMay 22, 2026
Original Price$895,900

Comparable Sales

4 similar nearby properties

Comparable sales are selected by Repliers.io based on proximity, size, and type — they are not part of the NWMLS listing data for this property.

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Listed By

DJ

Don J. Karstedt

Rethinking Real Estate LLC

253-987-6789
SK

Susan K. Karstedt

Rethinking Real Estate LLC

253-987-6789

Questions? Contact OnSite

AB

André Bohall

WA Lic. #25031564 · OnSite Real Estate Group

NWMLS Three Trees Logo

Listing data provided by NWMLS as distributed by MLS Grid. Data last refreshed: Sep 17, 2026, 5:13 PM UTC.

Based on information submitted to the MLS Grid as of Thu, Sep 17, 2026. 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, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

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