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$725,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Car Garage
  • Updated 2 days ago

Listed by Jina Yotty | Jina J Real Estate | (206) 779-1766

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Exceptional investment opportunity in Bonney Lake with this well-maintained duplex situated on a spacious 1/2 acre lot. Each unit offers 3 bedrooms and 1.5 baths, featuring an open-concept main level designed for comfortable living and entertaining. Private decks just off the dining rooms-perfect for BBQ'ing or relaxing. The property boasts a private drive with abundant parking, including ample space for RVs, boats, and multiple vehicles. A generous 5-foot-tall crawl space under each unit provides extensive storage options rarely found in similar properties. Ideally located just around the corner from Allan Yorke Park and beautiful Lake Tapps, this duplex offers both convenience and lifestyle appeal. Professionally managed with long-term tenants already in place, this is a turnkey investment you won't want to miss.

Full Property Details for 7316 194th Ave E

General

  • Price: $725,000
  • Taxes: $6,994 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2504216
  • Updated: 4/10/2026
  • Added to Site: 4 day(s) ago

Interior

  • Flooring: Vinyl, Carpet

Additional Information

  • Amenities: Deck, Fenced-Partially, RV Parking
  • Security/Safety: Partially Fenced

Parking

  • Garage Spaces: 2
  • Covered Spaces: 2
  • Uncovered Spaces: 6
  • Parking Features: RV Parking

Location

  • Area: 109 - Lake Tapps/Bonney Lake
  • County: Pierce
  • Subdivision: Bonney Lake
  • Driving Directions: From WA 410 E, L at Old Buckley Hwy, L on Church Lake Rd E, 2nd L on 197th becomes 78th St E, R on 194th ave E. Private Drive, do not attempt drive by, showings after mutual only.

School Information

  • High School District: Sumner-Bonney Lake
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,158
  • Year Built: 1996
  • Property Condition: Good

Unit Information

  • Units in Building: 2

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.51
  • Lot Size (Sq. Ft.): 22,216
  • Lot Size Source: Public Records
  • Lot Features: Dead End Street, Secluded
  • Zoning: Multi-Family

Water Features

  • Water Front: Yes

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $6,994.47
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 520288008

Listed by Jina Yotty | Jina J Real Estate | (206) 779-1766

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Schools serving 7316 194th Ave E

School District:Sumner School District
NameGradesDistance
Bonney Lake Elementary School
18715 80th St E, Bonney Lake, WA 98390
K-50.6 mi
Lakeridge Middle School, Bonney Lake, WA
5909 Myers RD E, Bonney Lake, WA 98391
6-81.3 mi
Bonney Lake High School
10920 199th Avenue Court East, Bonney Lake, WA 98391
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7316 194th Ave E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/10/2026
Listed
$725,000
26.09%
MLS
12/07/2020
Sold
$575,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7316 194th Ave E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,335
25%
$560,000
12%
2024
$5,063
6%
$497,800
2%
2023
$4,776
-5%
$485,800
13%
2022
$5,029
1%
$430,600
13%
2021
$4,970
-2%
$381,600
1%
2020
$5,081
25%
$378,200
16%
2018
$4,070
—
$326,300
12%
2018
$4,070
26%
$290,400
22%
2017
$3,239
1%
$237,400
1%
2016
$3,194
23%
$234,700
20%
2014
$2,599
—
$196,400
11%
2014
$2,599
—
$176,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Jina Yotty | Jina J Real Estate | (206) 779-1766

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7316 194th Avenue E, Bonney Lake, WA 98391 (MLS# 2504216) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 7316 194th Avenue E is currently listed for $725,000 and was received on April 10, 2026. Want to learn more about 7316 194th Avenue E? Do you have questions about finding other Multi-Family real estate for sale in Eastown? You can browse all Eastown real estate or contact a Coldwell Banker agent to request more information.

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