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.
Sold
Listed by: Best Choice Realty LLC • Jazzminn Haughton
Bought with: Keller Williams Rty Tacoma
$480,000
22405 22407 120th Street E, Bonney Lake, WA 98391
4beds
2baths
1,536sqft
Duplex, Multi Family
Built in 1978
-- sqft lot
$534,900 Zestimate®
$313/sqft
$2,393 Estimated rent
Home value
$534,900
$508,000 - $562,000
$2,393/mo
Zestimate® history
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$2,970/mo
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Zillow last checked:
Listing updated:
Listed by:
Jazzminn Haughton,
Best Choice Realty LLC
Bought with:
Kristopher Shook, 109700
Keller Williams Rty Tacoma
Source: NWMLS as distributed by MLS GRID,MLS#: 2501728
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- See Remarks, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.93 Acres
- Features: Paved, Fenced-Partially
Details
- Parcel number: 0519115013
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1978
- Major remodel year: 1990
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Tacoma Public Utilities
Community & HOA
Community
- Subdivision: Bonney Lake
Location
- Region: Bonney Lake
Financial & listing details
- Price per square foot: $313/sqft
- Annual tax amount: $5,293
- Date on market: 4/14/2026
- Cumulative days on market: 121 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Sold | $480,000-12.7%$313/sqft |
Source:  NWMLS as distributed by MLS GRID #2501728 Report a problem | ||
| 7/6/2026 | Pending sale | $549,950$358/sqft |
Source: NWMLS as distributed by MLS GRID #2501728 Report a problem | ||
| 4/4/2026 | Listed for sale | $549,950$358/sqft |
Source: NWMLS as distributed by MLS GRID #2501728 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 98391
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Nearby schools
GreatSchools rating
- 6/10Foothills Elementary SchoolGrades: 1-5Distance: 1 mi
- 6/10Glacier Middle SchoolGrades: 6-8Distance: 5.1 mi
- 7/10White River High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Foothills Elem
- Middle: Glacier Middle Sch
- High: White River High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$534,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$534,900
- Washington
- Pierce County
- Bonney Lake
- 98391
- 22405 22407 120th Street E
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