22405 -22407 120th Street E Bonney Lake, WA $ 599,950
22405 -22407 120th Street E
$ 599,950
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22405 -22407 120th Street E

Bonney Lake, WA, 98391
$ 599,950
Baths0.0 Sq 1,536

Monthly Estimate*

$ 3,694

Listed by Best Choice Realty LLC
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Studio

Multi-Family Home for sale in Bonney Lake, WA

for $599,950. This 1,536 square foot home was built in 1978 on a lot size of 0.9269.

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.

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Multi-Family Active

Price

$ 599,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,293

Style

Duplex

Lot Size

0.9269

Year Built

1978

Town/City

Bonney Lake

County/Region

Pierce

MLS | Web ID

2486656

Features
General
Living Area 0
Sewer Septic Tank
Heating Other See Remarks
Cooling None
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1978
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Bonney Lake
Possible Use Residential
Special Listing Conditions None
Status Active
Directions WA-410 E to slight Right onto S Prairie Rd E Right onto 120th St E to home on Right.
High School White River High
City Bonney Lake
Senior Community Y/N N
High School District White River
Zoning Description Residential
Number Of Units Total 2
MLS Area 109 - Lake Tapps/Bonney Lake
Lot Size Units Square Feet
Lot Size Square Feet 40375
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Foothills Elem
Tax Annual Amount 5293
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Glacier Middle Sch
Public Remarks 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
Leasable Area 1536
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Tacoma Public Utilities
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Paved
Water Source Public
Foundation Details Poured Concrete
Building Area Total 1536
Lot Size Acres 0.9269
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Total 4
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2486656
Street Number 1 22405
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* Excluded Features
List By
Jazzminn Haughton

Listing Agent

Best Choice Realty Llc

Broker

Affordability Calculator

$4,135
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$441
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
256970 Elementary School
258749 Middle School
White River High High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$599,950 Listed Price

Map


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22405 -22407 120th Street E, Bonney Lake, WA, 98391 is a Multi-Family Home for sale at $599,950 with 1,536 sqft and a lot size of 0.9269. 22405 -22407 120th Street E is a studio with 0.0 baths and was built in 1978. The property's zip code is 98391 which is in Bonney Lake, WA