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.
Sold
Listed by:
Tony Binion,
Pointe3 Real Estate,
Eric Emry,
Pointe3 Real Estate
Bought with: RE/MAX Integrity
$710,000
22428 South Prairie Road E, Bonney Lake, WA 98391
4beds
4baths
2,034sqft
Duplex
Built in 1995
-- sqft lot
$692,300 Zestimate®
$349/sqft
$2,220 Estimated rent
Home value
$692,300
$644,000 - $741,000
$2,220/mo
Zestimate® history
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$2,220/mo
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$4,278/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: June 29, 2025 at 04:02am
Listed by:
Tony Binion,
Pointe3 Real Estate,
Eric Emry,
Pointe3 Real Estate
Bought with:
Nona F Adams, 51002
RE/MAX Integrity
Source: NWMLS as distributed by MLS GRID,MLS#: 2361372
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: 0519115005
- 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: 19 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Listing removed | $2,295$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/22/2025 | Price change | $2,295-13.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/21/2025 | Listed for rent | $2,649$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Sold | $710,000+1.4%$349/sqft |
Source:  NWMLS as distributed by MLS GRID #2361372 Report a problem | ||
| 5/6/2025 | Pending sale | $700,000$344/sqft |
Source: NWMLS as distributed by MLS GRID #2361372 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,717 +10.1% | $612,300 +5.8% |
| 2023 | $6,098 +4.6% | $578,500 +1.2% |
| 2022 | $5,830 +8.9% | $571,600 +27.1% |
Find assessor info on the county website
Neighborhood: 98391
Nearby schools
GreatSchools rating
- 6/10Foothills Elementary SchoolGrades: 1-5Distance: 0.9 mi
- 6/10Glacier Middle SchoolGrades: 6-8Distance: 5 mi
- 8/10White River High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$692,300
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
$692,300
- Washington
- Pierce County
- Bonney Lake
- 98391
- 22428 South Prairie Road E