15121 182nd Avenue SE, Monroe, WA 98272
- $905,000
- 3,073
- SqFt
Listing Broker: Real Broker LLC; Justin Cicero; ; Selling Office: Windermere Real Estate/East.
- Sold Price
- $905,000
- List Price
- $865,000
- Status
- SOLD
- MLS#
- 2442727
- Closing Date
- Nov 07, 2025
- Days on Market
- 5
- Style
- 52 - Duplex
- Finished SqFt
- 3,073
- Area Total SqFt
- 3073
- Annual Tax Ammount
- 507
- Lot Size (sq ft)
- 30,492
- Sewer
- Sewer Connected
Property Description
Rare one-level duplex in the heart of Monroe. Side-by-side each with 3 bed, 2 baths & 2 car garages. All this on a 30,492 sq. ft. lot with development potential! This property combines strong rental upside, strategic location, & thoughtful floorplan that make this an ideal investment for dependable income & long-term appreciation. A proven rental history ensures reliable income & low turnover risk. Each unit reflects a spacious layout that feels larger than square footage. Barn for storage & abundant parking on site, RV pump out, add ADUs, possible additional income. Prime location near DT Monroe. Opportunity for a freshen up after long term tenants. This is the best deal around for great upside. Come see this high-demand property today!
Additional Information
- List Date
- 2025-11-02 00:00:00
- Community
- Monroe
- Net Operating Income
- $5,193
- Gross Adjusted Income
- $72,000
- Gross Scheduled Income
- $6,000
- Total Monthly Income
- $6,000
- Insurance Expenses
- $300
- Gross Rent Multiplier
- 8.7
- Total Expenses
- $807
- Cap Rate
- 7.55
- Total Number of Units
- 2
- Unit Name
- 15121
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1999
- Roof
- Composition
- Site Features
- Barn, Cable TV, Deck, Dog Run, Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking
- Energy Source
- Electric, Natural Gas
- School District
- Monroe
- Total Monthly Income
- $6,000
- Gross Scheduled Income
- $6,000
- Gross Adjusted Income
- $72,000
- Tax Year
- 2024
- Insurance Expense
- $300
- Total Expenses
- $807
- Net Operating Income
- $5,193
- Gross Rent Multiplier
- 8.7
- Cap Rate
- 7.55
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.