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Cleared Lot Near Downtown Monroe
For Sale
$250,000

523 Park Street, Monroe, WA 98272

Building lot suitable for single-family residence and accessory dwelling.

Property SizeContact for details
Lot Size0.13 Acres
Days on Market315

Property Features for 523 Park Street

General Information

Standard status Active
Lot size 0.13 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,308
Listing Agency: WINDERMERE REAL ESTATE/EAST
Listed By: SABRINA SMITH DELERY · License #85927
Source: Corcoran
Added: Sep 29, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WINDERMERE REAL ESTATE/EAST

Investment Insights

Based on property information with market context.

This cleared and flat building lot is located a half mile from historic downtown Monroe. The current zoning allows for one single-family residence and two detached accessory dwelling units (stacked) or one attached accessory dwelling unit. Water, sewer, and electricity are available. At closing, the buyer will execute an easement agreement for ingress, egress, maintenance, and utilities for the benefit of the buyer's property. The buyer is responsible for verifying the zoning information. This property presents an opportunity to build a home and create an income-producing opportunity.

Key Highlights

  • Excellent, cleared, and flat building lot ready for construction.
  • Potential for income generation through detached or attached accessory dwelling units (ADUs).
  • Conveniently located just a half mile from historic downtown Monroe.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby

Demographics for 98272, WA

31,127
Population
10,313
Households
3
Avg Household Size
38
Median Age
29%
College-Educated
92%
High-School Grad
106.3 sq mi
ZIP Area
293
Density / Sq Mi
$115,894
Median Household Income
$51,879
Median Earnings
$1,902
Median Rent
$638,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Building lot suitable for single-family residence and accessory dwelling.
Where is this residential land & home lot located?
The property is located at 523 Park Street Monroe, WA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Excellent, cleared, and flat building lot ready for construction.; Potential for income generation through detached or attached accessory dwelling units (ADUs).; Conveniently located just a half mile from historic downtown Monroe.
More about this property
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