18816 Mountain View Drive East, Unit E&F

Bonney Lake, WA 98391

$574,999
Price
4
Beds
2
Baths
1,440 Sq. Ft.
$399 / Sq. Ft.
1,440
Sq. Ft.
$399
per Sq. Ft.

Description

Cash flow alert! No HOA! This immediate cash flowing investment in the heart of Bonney Lake is ready for you. A remodeled duplex with one vacant and one rented unit—ready for owner or tenant move in today! Live in one side and offset your mortgage or rent both units! Near shopping centers, main roads, & Lake Tapps in a city with breathtaking views of majestic Mt. Rainier. Step out on the street & see for yourself! A wrap around driveway + over 6 car parking accompanies this sprawling yard with ample...Cash flow alert! No HOA! This immediate cash flowing investment in the heart of Bonney Lake is ready for you. A remodeled duplex with one vacant and one rented unit—ready for owner or tenant move in today! Live in one side and offset your mortgage or rent both units! Near shopping centers, main roads, & Lake Tapps in a city with breathtaking views of majestic Mt. Rainier. Step out on the street & see for yourself! A wrap around driveway + over 6 car parking accompanies this sprawling yard with ample green space. A large storage shed for each unit. Endless opportunities with this modern duplex—whether you’re shopping for an investment or personal property. Unit E is vacant & open for showings! Don’t miss our video tour!
  1. Listed by Shelby Johnson • John L. Scott, Inc.

Property Details for 18816 Mountain View Drive East, Unit E&F

Community Name
Bonney Lake
School District
Sumner-Bonney Lake
View
Mountain(s), Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
01-27-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 02/18/2025 06:52 PM

Property Details for 18816 Mountain View Drive East, Unit E&F

StatusActive
MLS #2326467
Days on Market22
Cumulative Days on Market120
Taxes$3,878 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.24 AC / 10,500 SF
CountyPierce County

Building Information for 18816 Mountain View Drive East, Unit E&F

Stories1Residences2Year Built1965Building Size-Lot Size0.24 AC / 10,500 SF

Property Information for 18816 Mountain View Drive East, Unit E&F

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Deck, Outbuildings, RV Parking
  • Area: 109 - Lake Tapps/Bonney Lake
  • Elementary School: Bonney Lake Elem
  • Middle Or Junior School: Lakeridge Middle
  • High School: Bonney Lake High
  • Directions: GPS is accurate.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Water Company: City of Bonney Lake
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 31
Lot Information
  • Lot Details: Open Space, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 564000-061-4
  • Calculated Square Footage: 1440
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1440.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 1
  • Unit Number: E&F
  • Vacancy Rate: 50
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5378
  • Gross Adjusted Income: 44400
  • Gross Rent Multiplier: 13.04
  • Gross Scheduled Income: $44,400
  • Insurance Expense: $1,500
  • Net Operating Income: $39,022
  • Other Expenses: $0
  • Total Monthly Income: 3700
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: F
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 720
  • Rent Unit 1: $1,850.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: E
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 720
  • Rent Unit 2: $1,850.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 1440.0
  • Leasable Area Units: Square Feet

Property History for 18816 Mountain View Drive East, Unit E&F

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 18816 Mountain View Drive East, Unit E&F

This home is within Sumner School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Bonney Lake Elementary School
PublicPK to 5

Lakeridge Middle School
Public6 to 8

Bonney Lake High School
Public9 to 12

Tehaleh Heights Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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18816 Mountain View Drive East, Unit E&F is a multi-family home for sale in Bonney Lake, WA 98391. This property was listed for sale on January 27, 2025 by John L. Scott, Inc., it's currently listed at $574,999. This listing's school district is Sumner School District. Nearby schools include Bonney Lake Elementary School, Lakeridge Middle School and Bonney Lake High School. 18816 Mountain View Drive East, Unit E&F is a 4-bed, 2-bath, 1,440 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott, Inc.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.