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Ardivusx Brivity

Sooper Dooper Guy | Robert Davis's Site

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7418 207th Ave E , Bonney Lake, WA 98391
$820,000
Est. Payment: $4,497.35/mo
6 Bed
6 Bath
2788 Sqft
0.35 Acres
Status: active | Days on site: 81
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Ardivusx Brivity
Sooper Dooper Guy

House Description

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.

Highlights

Listed by Don J. Karstedt , 253-255-1299 and Susan K. Karstedt , 253-255-5966 Rethinking Real Estate LLC , 253-987-6789. Northwest Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.35

HOA Fee

235 Annually

Year Built

2003

County

Pierce

Area

109 - Lake Tapps/Bonney Lake

Neighborhood

Church Lake

School District

Sumner-Bonney Lake

Listing ID

2527663

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:6
Floor:Laminate,Vinyl,Carpet
Water:Bonney Lake

Exterior Features

Lot:Dead End Street,Paved,Deck
Garage Capacity:8
Roof:Composition
Others:
  • ▪ Additional:Metal/Vinyl, Good
Sewer:Bonney Lake
Parking Features:Covered,4 or More Garage
Principal Interest
$4,497
Taxes
$650
HOA
$235

Home Price

$820,000

Loan Details

30 yrs
7.3%

Down Payment

20%
$164,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,497.35

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $4,497.35 $649.75 $235.00 $5,382.10
Yearly $53,968.14 $7,797.00 $2,820.00 $64,585.14
Total $1,619,044.30 $233,910.00 $84,600.00 $1,937,554.30
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Market insight data is pulled from the same city as the listing being viewed (Bonney Lake, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-10-17T13:48:12.000Z

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