$730,000
Est. $3,684/mo7223 Vandermark Road E, Bonney Lake, WA 98391
• Listed 2026-05-25•10 days on market
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This turn-key duplex building is fully leased and located in desirable Bonney Lake, just blocks from Lake Tapps and parks. Each unit contains 3 bedrooms, 2 full baths, a bonus room, a washer-dryer and a 2-car garage. The nicely appointed kitchens have dishwashers and abundant cabinet space. Relax or entertain on the deck, patio, or in the fully-fenced rear yard. From an investor's perspective, these modern buildings can make great investments and are located in a peaceful setting. Note: Rents scheduled to increase on 8/1/26 @ "7225" to 1975 + 175 utils = 2040/mo. Rents scheduled to increase on 9/1/26 @ "7223" to 1975 + 175 utils = 2040/mo.
$620,000
-$110,000 under list price
Nearby comparable homes
RexMont uses 3 strongest recent nearby sales, priced between $460K and $900K.
Rental earnings
$1,850/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$899,950Last sold price
4904 N Island Drive, Bonney Lake, WA 98391

$460,000Last sold price
18821 68th Street E, Bonney Lake, WA 98391
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
7223 Vandermark Road E, Bonney Lake, WA 98391
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 28, 2026 at 07:17pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Dean Brinton • PPS Homes
Listing updated: May 28, 2026 at 07:17pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2521644
Open Mon, Jun 8 +6
Open Mon, Jun 8 +4
Open Mon, Jun 8 +410:00 AM – 6:00 PM
$665K5 bd · 2.5 ba · 2,335 sqft
20305 162nd St E Street E #1029, Bonney Lake, WA 98391
Open Mon, Jun 8 +4
Open Mon, Jun 8Bonney Lake is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 9 days.
$405,000 Sold
4 weeks ago
•
6707 W Lake Tapps Highway E, Lake Tapps, WA 98391
10%
Under list
—
Days on market
0.9 mi
Distance
$1,099,950 Sold
4 weeks ago
5 bd•2 ba•~3,421 sq ft•Single Family
21005 67th Street Ct E, Bonney Lake, WA 98391
0%
Over list
—
Days on market
0.3 mi
Distance
$810,000 Sold
2 months ago
5 bd•1.5 ba•~2,966 sq ft•Single Family
20705 64th (lot 11) Street E, Bonney Lake, WA 98391
2%
Under list
—
Days on market
0.5 mi
Distance
$1,117,000 Sold
5 months ago
5 bd•2 ba•~3,006 sq ft•Single Family
21004 67th Street Ct E, Bonney Lake, WA 98391
1%
Under list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Sumner-Bonney Lake School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.