620 North Street, Monroe, WA 98272

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Listing Broker: Keller Williams Rlty Bellevue; Craig Walker; ; Selling Office: Real Broker LLC.

Sold Price
$690,000
List Price
$749,950
Status
SOLD
MLS#
2459182
Closing Date
Mar 16, 2026
Days on Market
130
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
1,920
Area Total SqFt
1920
Annual Tax Ammount
5136
Lot Size (sq ft)
16,988
Sewer
Septic Tank

Property Description

Fantastic investment opportunity in a great Monroe location! This updated duplex features 4 total bedrooms, fresh paint inside, brand-new carpet, stylish new countertops and a large flat backyard. Each unit offers comfortable living with modern touches, making it move-in ready for tenants or an ideal option to live in one side and rent the other. Conveniently located near downtown Monroe, schools, shopping, and Hwy 2 access, this property combines updated finishes with strong rental potential.

Additional Information

List Date
2025-11-06 00:00:00
Community
Monroe
Net Operating Income
$48,704
Gross Adjusted Income
$60,000
Gross Scheduled Income
$60,000
Total Monthly Income
$5,000
Insurance Expenses
$4,560
Water/Sewer/Garbage Expenses
$900
Gross Rent Multiplier
13
Total Expenses
$11,296
Cap Rate
6
Total Number of Units
2
Unit Name
620
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1962
View
Territorial
Roof
Composition
Site Features
Fenced-Partially
Electric Expenses
700
Energy Source
Electric
School District
Monroe
Elementary School
Frank Wagner Elem
Middle School
Park Place Middle Sc
High School
Monroe High
Total Monthly Income
$5,000
Gross Scheduled Income
$60,000
Gross Adjusted Income
$60,000
Tax Year
2025
Insurance Expense
$4,560
W/S/G Expenses
$900
Total Expenses
$11,296
Net Operating Income
$48,704
Gross Rent Multiplier
13
Cap Rate
6
Based on information submitted to the MLS GRID as of . 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.
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