OPPORTUNITY! Located a minute from Lake Tapps and sporting an incredible Mt Rainier view, this multifamily was once a fabulous 3 bed house, and could conveniently turn back into one. Exterior needs some TLC, currently, each unit is very clean. The bottom floor offers no stairs and has an updated interior. The middle unit has a huge full kitchen, wrap-around porch, large view deck, vaulted ceilings, steam shower, and could easily be turned into a 2 bedroom. The upper unit has newer flooring, a large bedroom, a full bath updated kitchen, & another view deck! This is the perfect house hack OR full investment property. 4 covered parking spots, multiple other areas to park, RV parking and boat parking galore! RARE opportunity!
Sold
Listed by:
Chris Ranch,
Keller Williams Realty PS
Bought with: Coldwell Banker Bain
$540,000
16921 Forest Canyon Road E, Lake Tapps, WA 98391
3beds
2,310sqft
Single Family Residence
Built in 1994
0.91 Acres Lot
$643,900 Zestimate®
$234/sqft
$3,272 Estimated rent
Home value
$643,900
$612,000 - $676,000
$3,272/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 31, 2023 at 09:40am
Listed by:
Chris Ranch,
Keller Williams Realty PS
Bought with:
Stephanie W Callen, 81856
Coldwell Banker Bain
Source: NWMLS,MLS#: 1983797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Upper
Bathroom full
- Level: Lower
Bathroom three quarter
- Level: Main
Bathroom full
- Level: Upper
Bonus room
- Level: Main
Kitchen with eating space
- Level: Lower
Kitchen with eating space
- Level: Main
Kitchen without eating space
- Level: Upper
Living room
- Level: Lower
Living room
- Level: Main
Living room
- Level: Upper
Utility room
- Level: Lower
Utility room
- Level: Upper
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: StoveRange_, StoveRange
Features
- Flooring: Ceramic Tile, Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,310
- Total interior livable area: 2,310 sqft
Property
Parking
- Total spaces: 1
- Parking features: RV Parking, Driveway
- Covered spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Forced Air, Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet, Second Kitchen, Vaulted Ceiling(s)
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.91 Acres
- Features: Dead End Street, Deck, Patio, RV Parking
- Topography: PartialSlope
- Residential vegetation: Wooded
Details
- Parcel number: 0520087067
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1994
- Major remodel year: 1995
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: On site Septic
- Water: Public, Company: unknown
Community & neighborhood
Location
- Region: Lake Tapps
- Subdivision: Lake Tapps
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 927 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2026 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/17/2025 | Price change | $1,800-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Price change | $1,900-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/3/2025 | Price change | $2,000-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/27/2025 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,977 +9.7% | $563,500 +5.6% |
| 2023 | $5,450 -0.6% | $533,400 -2.1% |
| 2022 | $5,485 +8.3% | $544,900 +25.2% |
Find assessor info on the county website
Neighborhood: 98391
Nearby schools
GreatSchools rating
- 9/10Lake Tapps Elementary SchoolGrades: 1-3Distance: 1.1 mi
- 8/10North Tapps Middle SchoolGrades: 6-8Distance: 2.3 mi
- 7/10Dieringer Heights Elementary SchoolGrades: K-5Distance: 3.1 mi
Schools provided by the listing agent
- Middle: North Tapps Mid
Source: NWMLS. 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$643,900
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
$643,900