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Sold
  • Listed by: 

    Tony Binion,

    Pointe3 Real Estate,

    Eric Emry,

    Pointe3 Real Estate

    Bought with: Skyline Properties, Inc.
    $700,000

    22424 South Prairie Road E, Bonney Lake, WA 98391

    4beds
    4baths
    2,034sqft
    Duplex
    Built in 1995
    -- sqft lot
    $693,500 Zestimate®
    $344/sqft
    $2,410 Estimated rent

    Home value

    $693,500

    $645,000 - $742,000

    $2,410/mo

    Zestimate® history
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    $4,131/mo

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    What's special

    Investor alert! This one-owner, custom-built duplex has been impeccably maintained and is a rare opportunity for high-quality cash flow. Each 2 bed, 1.5 bath unit offers 1,017 sq ft of thoughtfully designed space with open layouts, attached 1-car garages, energy-efficient heat pumps for year-round comfort, washer/dryer hookups, and large concrete patios. Built to last with new Hardi-Plank siding, tongue & groove cedar soffits, charming covered porches, newer roofs (2017), and fresh exterior paint. Fully occupied with long-term tenants and a waiting list. All appliances included (W/D excluded). Situated on nearly ¾ acre with abundant off-street parking—this is a low-maintenance, turn-key asset for the savvy investor.

    Zillow last checked: 8 hours ago

    Listing updated: July 07, 2025 at 04:02am

    Listed by:

    Tony Binion,

    Pointe3 Real Estate,

    Eric Emry,

    Pointe3 Real Estate

    Bought with:

    Nancy Struthers, 86420

    Skyline Properties, Inc.

    Source: NWMLS,MLS#: 2360831MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Ductless, Electric
    Cooling
    • Ductless
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,034
    • Total interior livable area: 2,034 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Open
    • Covered spaces: 1
    • Uncovered spaces: 4
    Lot
    • Size: 0.74 Acres
    • Features: Cable TV
    Details
    • Parcel number: 0519115004
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Cement Planked, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1995

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bonney Lake
    • Subdivision: Bonney Lake/Buckley

    Other

    Other facts
    • Listing terms: Cash Out,Conventional,FHA,Owner Will Carry,USDA Loan,VA Loan
    • Cumulative days on market: 41 days

    Price history

    DateEventPrice
    6/6/2025Sold$700,000$344/sqft
    Source: NWMLS #2360831 Report a problem
    5/27/2025Pending sale$700,000$344/sqft
    Source: NWMLS #2360831 Report a problem
    4/17/2025Listed for sale$700,000+1742.1%$344/sqft
    Source: NWMLS #2360831 Report a problem
    3/14/1995Sold$38,000$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,850 +9.9%$624,800 +5.6%
    2023$6,232 +4.6%$591,600 +1.2%
    2022$5,958 +10.1%$584,600 +28.7%

    Find assessor info on the county website

    Neighborhood: 98391

    Nearby schools

    GreatSchools rating
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    Estimated market value$693,500
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    Estimated market value
    $693,500