18206 56th Street Court E Lake Tapps, WA $ 725,000
18206 56th Street Court E
$ 725,000
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18206 56th Street Court E

Lake Tapps, WA, 98391
$ 725,000
Baths0.0 Sq 2,892

Monthly Estimate*

$ 4,523

Listed by PPS Homes
18206 56th Street Court E, Lake Tapps, WA 98391 - Image 1
Studio

Multi-Family Home for sale in Lake Tapps, WA

for $725,000. This 2,892 square foot home was built in 1980 on a lot size of 0.52.

Well cared for duplex w/ fantastic rental history or a great owner occupant. 1,446 sq ft per side, 2 bedrooms and 1.75 baths plus eash unit has a huge den/office w/ closet. Open & vaulted living rooms w/sliding glass doors to the private back yards & propane fireplace inserts. Vinyl windows, Hardie plank siding & newer roof . Durable hard surface flooring & newer carpet. Water, Septic & Landscaping are included in lease amounts. Both units get access to 3 private Lake Tapps parks and boat launches. Recent appraisal (10/2025) at list price.

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Multi-Family Pending

Price

$ 725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,366

Style

Duplex

Lot Size

0.52

Year Built

1980

Town/City

Lake Tapps

County/Region

Pierce

MLS | Web ID

2455054

Features
General
Living Area 0
Sewer Septic Tank
Heating Forced Air High Efficiency (Unspecified)
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1980
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 41629
Insurance Expense 3585
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Bonney Lake
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions Turn onto 183rd Ave E. from South Tapps Dr. E. Then first right into cul-de-sac this duplex will be on your Left.
High School Sumner Snr High
City Lake Tapps
Senior Community Y/N N
High School District Sumner-Bonney Lake
Zoning Description Multi-Family
Open Parking Spaces 4
Number Of Units Total 2
MLS Area 109 - Lake Tapps/Bonney Lake
Lot Size Units Square Feet
Lot Size Square Feet 22651
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Crestwood Elem
Tax Annual Amount 8366
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Lakeridge Middle
Property Condition Very Good
Public Remarks Well cared for duplex w/ fantastic rental history or a great owner occupant. 1 446 sq ft per side 2 bedrooms and 1.75 baths plus eash unit has a huge den/office w/ closet. Open & vaulted living rooms
Leasable Area 2892
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Amenities See Remarks
Water Company Bonney Lake
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 5.74
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Exterior
Exterior Amenities Cement Planked
Lot Features Curbs Dead End Street Paved
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2892
Lot Dimensions Irregular
Lot Size Acres 0.52
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet Patio
Parking Uncovered Spaces 4
Lot Number 3
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Interior
Flooring Engineered Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Propane
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2455054
Street Number 1 18206
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* Excluded Features
List By
Dean Brinton

Listing Agent

Pps Homes

Broker

Affordability Calculator

$5,220
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$697
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3108189 Elementary School
3108152 Middle School
Sumner Snr High High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$725,000 Listed Price

Map


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18206 56th Street Court E, Lake Tapps, WA, 98391 is a Multi-Family Home for sale at $725,000 with 2,892 sqft and a lot size of 0.52. 18206 56th Street Court E is a studio with 0.0 baths and was built in 1980. The property's zip code is 98391 which is in Lake Tapps, WA