18775 137th Street SE, Monroe, WA 98272

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Listing Broker: Coldwell Banker Bain; Sandy Saga; ; Selling Office: eXp Realty.

Sold Price
$950,000
List Price
$975,000
Status
SOLD
MLS#
2439488
Closing Date
Jan 06, 2026
Days on Market
53
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
3,034
Area Total SqFt
3034
Annual Tax Ammount
6450
Internet Provider
Xfinity
Lot Size (sq ft)
10,019
Sewer
Sewer Connected

Property Description

Price Improved! Exceptional Duplex in Monroe – Investment or Multi-Generational Living! This spacious duplex offers two well-appointed units, each with 1,517 ASF, private 2-car garages, and an additional parking space. Unit 1 features 3BR/2.5BA, a beautifully remodeled kitchen, updated bathrooms, and a generous primary suite. Unit 2 includes 4BR/3BA with a flexible layout (2BR up/2BR down) and a private deck. All appliances included. Located near downtown Monroe with easy access to shopping, dining, parks, Evergreen State Fairgrounds, and commuter routes. No HOA. Proven rental history. A rare opportunity with versatile potential! Schedule your showing today!

Additional Information

List Date
2025-11-14 00:00:00
Community
Monroe
Net Operating Income
$54,435
Gross Adjusted Income
$70,200
Gross Scheduled Income
$70,200
Total Monthly Income
$5,850
Insurance Expenses
$4,401
Gross Rent Multiplier
13.38
Total Expenses
$15,765
Cap Rate
5.6
Total Number of Units
2
Unit Name
18775
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
2004
View
Mountain(s)
Roof
Composition
Site Features
Cable TV, Deck, Gas Available, High Speed Internet
Other Expenses
4914
Energy Source
Electric, Natural Gas
School District
Monroe
Elementary School
Chain Lake Elem
Middle School
Park Place Middle Sc
High School
Monroe High
Total Monthly Income
$5,850
Gross Scheduled Income
$70,200
Gross Adjusted Income
$70,200
Tax Year
2025
Insurance Expense
$4,401
Total Expenses
$15,765
Net Operating Income
$54,435
Gross Rent Multiplier
13.38
Cap Rate
5.6
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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