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  • 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
    $711,600 Zestimate®
    $349/sqft
    $2,653 Estimated rent

    Home value

    $711,600

    $662,000 - $761,000

    $2,653/mo

    Zestimate® history
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    $2,653/mo

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    $4,200/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: 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,MLS#: 2361372MLS 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: 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

    DateEventPrice
    7/9/2025Listing removed$2,295$1/sqft
    Source: Zillow Rentals Report a problem
    6/22/2025Price change$2,295-13.4%$1/sqft
    Source: Zillow Rentals Report a problem
    6/21/2025Listed for rent$2,649$1/sqft
    Source: Zillow Rentals Report a problem
    5/29/2025Sold$710,000+1.4%$349/sqft
    Source: NWMLS #2361372 Report a problem
    5/6/2025Pending sale$700,000$344/sqft
    Source: NWMLS #2361372 Report a problem

    Public tax history

    YearProperty taxesTax 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
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