Property Details
22405 22407 120th Street E
Bonney Lake, WA 98391
$549,950
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Bonney Lake
Listed
Apr 4, 2026
Financial Summary
Total Expenses
$5,293
Building & Use
Building Sq Ft
1,536
Leasable Area
1,536 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
40,376 sqft
Year Built
1978
Exterior & Lot
Lot Size
0.93 sqft
Year Built
1978
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Public
Lot Features
Paved
Exterior Features
Wood, Wood Products
Location
City
Bonney Lake
County
Pierce
Coordinates
47.14974, -122.13080
Additional Information
Tax Year
2025
Annual Taxes
$5,293
Possession
Array
Based on information submitted to the MLS GRID as of April 14, 2026 6:37 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
