Residential Income

Monroe, WA Residential Income Properties for Sale

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Snohomish, WA Duvall, WA Woodinville, WA Sultan, WA Lakewood, WA Lake Stevens, WA Everett, WA Mill Creek, WA
Renovated Multifamily Asset in Monroe
Updated: Apr 24, 2025
Renovated Multifamily Asset in Monroe

524 Terrace St, Monroe, WA 98272

$6,210,000
20,320 sqft
Fully renovated in 2023‑2024 with modern finishes and appliances.
Immediate cash flow.
Zero deferred maintenance.
High‑quality multifamily asset.
Well‑located in a high‑demand commuter submarket.
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Mixed-Use Investment in Historic Downtown
Updated: Mar 11, 2025
Mixed-Use Investment in Historic Downtown

148 Woods St, Monroe, WA 98272

$1,100,000
5,659 sqft
Fully rented commercial space with professional office and three residential units.
Prime location one block from Monroe’s historic district.
Excellent accessibility to major freeways.
Optional two‑car garage rental for increased income.
Newer roof and gutters, plus multiple upgrades.
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See what stands out in Snohomish County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Monroe, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Gated Multifamily Property
Gated Multifamily Property

20505 111th Ave SE, Snohomish, WA 98296

$1,675,000
6,000 sqft

Existing residential improvements offer multiple kitchen areas and flexible interior layouts across a substantial gated property.

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Duplex with Acreage
Duplex with Acreage

8115 145TH, Snohomish, WA 98290

$895,000
2,348 sqft 1.31 AC lot

Two-unit property with one occupied residence, one vacant unit, private outdoor areas, and no HOA.

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Rambler-Style Duplex
Rambler-Style Duplex

9010 9th Pl Se, Lake Stevens, WA 98258

$1,050,000

Two updated residences offer open layouts, private fenced yards, garages, and included appliances.

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Lake Stevens Development Opportunity
Lake Stevens Development Opportunity

1926 94th Drive, Lake Stevens, WA 98258

$300,000

Corner lot suitable for multi-family development in Lake Stevens.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Bothell Land Development Opportunity
Bothell Land Development Opportunity

9325 & 9327 NE 175th St, Bothell, WA 98011

Contact for pricing
0.85 AC lot

Two parcels totaling 37,095 SF in a growing submarket.

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Everett Land with Development Potential
Everett Land with Development Potential

1301-1305 Broadway Ave, Everett, WA 98201

Contact for pricing
0.28 AC lot

Land with MU15 zoning, development potential, and opportunity zone benefits.

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5.2 Acre Residential Land Parcel
5.2 Acre Residential Land Parcel

184xx 123rd Ave NE, Arlington, WA 98223

$269,000
5 sqft 5.20 AC lot

Peaceful 5.2 acre parcel near Stillaguamish River.

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Ballard Townhome Development Opportunity
Ballard Townhome Development Opportunity

820 NW Market Street, Seattle, WA 98107

Contact for pricing
16,400 sqft 0.38 AC lot

Permitted townhome development site in Seattle's Ballard neighborhood.

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Off-Market Properties in Monroe, WA

Consider similar Off-Market properties in Monroe, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

18727 Blueberry Ln
APARTMENT HOUSE (100+ UNITS)

18727 Blueberry Ln, Monroe, WA 98272-1436

Estimated value:
by Request
12,264 sqft 10.33 AC lot
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500 Fremont St
APARTMENT HOUSE (100+ UNITS)

500 Fremont St, Monroe, WA 98272-2363

Estimated value:
$2,920,000
30,282 sqft 8.76 AC lot
View details
18463 Blueberry Ln
APARTMENT HOUSE (100+ UNITS)

18463 Blueberry Ln, Monroe, WA 98272-1318

Estimated value:
$4,885,000
52,000 sqft 10.41 AC lot
View details
Tjerne Pl
Land

0 Tjerne Pl, Monroe, WA 98272

Estimated value:
by Request
11.04 AC lot
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18933 Tualco Rd
CAMPGROUND, RV PARK

18933 Tualco Rd, Monroe, WA 98272

Estimated value:
$320,000
3,840 sqft 0.81 AC lot
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25405 Lk Fontal Rd
CAMPGROUND, RV PARK

25405 Lk Fontal Rd, Monroe, WA 98272-9306

Estimated value:
$260,000
57.05 AC lot
View details
Monroe, WA 98272
CAMPGROUND, RV PARK

Monroe, WA 98272

Estimated value:
$250,000
78.67 AC lot
View details
Monroe, WA 98272
CAMPGROUND, RV PARK

Monroe, WA 98272

Estimated value:
$200,000
58.70 AC lot
View details
Monroe, WA 98272
CAMPGROUND, RV PARK

Monroe, WA 98272

Estimated value:
$260,000
64.62 AC lot
View details

Monroe, WA Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Monroe, WA on our real estate platform. These investment opportunities span a total of 25,979 square feet of properties for sale, with an estimated market value of $7,310,000.

Sale prices for residential income properties in Monroe, WA start at $1,100,000, averaging $3,655,000, and reaching up to $6,210,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Multifamily properties 2

Demographics Overview

Population 32K
Population Growth (5Y) +2.0%
Median Household Income $115,894
College Educated 36.8%

High-Yield Neighborhoods for Investment

Identify Monroe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98272 $5.2M

Taxes & Financing

Tax Rate (average for all types) 0.75%
Property Tax per SF $4.68 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Monroe fall within the 10,000 to 25,000 square foot range.

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