Sold

Listed by: Jina J Real Estate • Jina Yotty

Bought with: Jina J Real Estate

$725,000

7316 194th Avenue E, Bonney Lake, WA 98391

6beds

4baths

2,158sqft

Duplex, Multi Family

Built in 1996

-- sqft lot

$722,200 Zestimate^®

$336/sqft

$2,375 Estimated rent

Home value

$722,200

$686,000 - $766,000

$2,375/mo

Zestimate^® history

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$2,375/mo

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$4,459/mo

Est. payment

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$4,459/mo

Est. payment

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What's special

Open-concept main level

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Forced Air, Electric

Cooling

None

Features

Flooring: Vinyl, Carpet
Windows: Thermal Windows
Has fireplace: No

Interior area

Total structure area: 2,158
Total interior livable area: 2,158 sqft

Property

Parking

Total spaces: 8
Parking features: RV Parking
Garage spaces: 2
Uncovered spaces: 6

Features

Has view: Yes
View description: Territorial
Waterfront features: Creek

Lot

Size: 0.51 Acres
Features: Dead End Street, Secluded, Deck, Fenced-Partially, RV Parking

Details

Parcel number: 0520288008
Zoning description: Multi-Family
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

Good
Year built: 1996
Major remodel year: 2002

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Bonney Lake
Water: Public, Company: City of Bonney Lake
Utilities for property: Xfinity, Xfinity

Green energy

Energy efficient items: Thermal Windows

Community & HOA

Community

Subdivision: Bonney Lake

Location

Region: Bonney Lake

Financial & listing details

Price per square foot: $336/sqft
Tax assessed value: $560,000
Annual tax amount: $6,994
Date on market: 6/22/2026
Cumulative days on market: 33 days
Listing terms: Conventional

Price history

Date	Event	Price
6/24/2026	Sold	$725,000$336/sqft
Source: NWMLS as distributed by MLS GRID #2504216 Report a problem
5/24/2026	Pending sale	$725,000$336/sqft
Source: NWMLS as distributed by MLS GRID #2504216 Report a problem
5/19/2026	Listed for sale	$725,000$336/sqft
Source: NWMLS as distributed by MLS GRID #2504216 Report a problem
5/6/2026	Pending sale	$725,000$336/sqft
Source: NWMLS as distributed by MLS GRID #2504216 Report a problem
4/10/2026	Listed for sale	$725,000+26.1%$336/sqft
Source: NWMLS as distributed by MLS GRID #2504216 Report a problem
12/10/2020	Sold	$575,000+4.5%$266/sqft
Source: NWMLS as distributed by MLS GRID #1685728 Report a problem
11/7/2020	Pending sale	$550,000$255/sqft
Source: Toril Sells Houses Team #1685728 Report a problem
11/5/2020	Listed for sale	$550,000+250.3%$255/sqft
Source: Toril Sells Houses Team #1685728 Report a problem
6/28/1996	Sold	$157,000$73/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,335 +25.1%	$560,000 +12.5%
2023	$5,063 +6%	$497,800 +2.5%
2022	$4,776 -5%	$485,800 +12.8%
2021	$5,029 +25%	$430,600 +13.9%
2019	$4,023 -1.2%	$378,200 +15.9%
2018	$4,070 +25.7%	$326,300 +12.4%
2017	$3,239 +16.6%	$290,400 +23.7%
2016	$2,778	$234,700 +19.5%
2014	$2,778 +1.1%	$196,400 +11.3%
2013	$2,748	$176,500 -1.5%
2012	--	$179,200 -19.2%
2011	--	$221,800 -8.9%
2010	--	$243,600 -20.1%
2009	--	$305,000 -3.7%
2008	$3,509	$316,700 -3.1%
2007	$3,509 +38.7%	$327,000 +97.2%
2002	$2,529 +1.3%	$165,800 +2.6%
2001	$2,497	$161,600 +6%
2000	$2,497	$152,400