Advertise
    Monroe, WA
    Residential Income

    Monroe, WA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Snohomish, WA Sultan, WA Woodinville, WA Duvall, WA Mill Creek, WA Lake Stevens, WA Bothell, WA Carnation, 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.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    524 Terrace St, Monroe, WA 98272

    View Property Analytics

    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $304K
      Annual

    • Price @ 7% Cap

      $4.34M
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1991
    View Property Analytics
    29-Unit Multifamily Community in Monroe
    Updated: Sep 5, 2025
    29-Unit Multifamily Community in Monroe

    0 700 W Maple St, Monroe, Monroe, WA 98272

    $8,100,000
    26,400 sqft
    29‑unit multifamily community with a mix of one-, two-, and three‑bedroom floorplans.
    Upgraded units feature STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, and LUXURY VINYL PLANK FLOORING.
    IN‑UNIT WASHERS AND DRYERS in every residence.
    Located on a large 89,298‑square‑foot parcel, providing a lower‑density living environment.
    Strong operating performance with average rents of $2,007 and positive rent trends.
    View details
    Multifamily Property with 18 Units
    Multifamily Property with 18 Units

    520 S Kelsey St, Monroe, WA 98272

    Contact for pricing
    20,556 sqft

    Multifamily property featuring 18 units.

    View details
    Mixed-Use Investment in Historic Downtown
    Mixed-Use Investment in Historic Downtown

    148 Woods St, Monroe, WA 98272

    $1,100,000
    5,659 sqft

    Fully rented commercial space with residential units near historic district.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 4 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.

    Mixed-Use Building with Rear Access
    Mixed-Use Building with Rear Access

    820 Second Street, Snohomish, WA 98290

    $1,800,000
    2,393 sqft

    Stabilized mixed-use property with office, warehouse/storage, and two apartments plus an on-site residential structure.

    View details
    Lake Stevens Multifamily Development Opportunity
    Lake Stevens Multifamily Development Opportunity

    2008 71st Ave SE, Lake Stevens, WA 98258

    $385,000
    29,621 sqft

    0.68 acre lot ideal for multifamily development in Lake Stevens.

    View details
    All-Age Community on 0.91 Acres
    All-Age Community on 0.91 Acres

    165 Cypress Avenue, Snohomish, WA 98290

    $1,300,000

    9-space community near Pilchuck Park, offering investment opportunities.

    View details
    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.

    View details

    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.

    Acreage in Desirable Snohomish Area
    Acreage in Desirable Snohomish Area

    15 Brookside Place, Snohomish, WA 98290

    $289,900
    10.00 AC lot

    10-acre parcel in the sought-after Three Lakes area.

    View details
    Pilchuck River Waterfront Land
    Pilchuck River Waterfront Land

    6-xxx South Machias Road, Snohomish, WA 98290

    $599,000
    6.78 AC lot

    6.78 acres with 1080 feet of Pilchuck River frontage.

    View details
    Bothell Land Development Opportunity
    Bothell Land Development Opportunity

    9325 175th St, Bothell, WA 98011

    Contact for pricing
    37,462 sqft 0.86 AC lot

    37,095 SF of R-M2 Zoned Land for sale.

    View details
    Transit-Oriented Development Land Opportunity
    Transit-Oriented Development Land Opportunity

    2354 148th St, Shoreline, WA 98133

    Contact for pricing
    164,657 sqft 3.78 AC lot

    Large land parcel near Shoreline South/148th St. Station.

    View details

    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

    Value Estimation by Request
    12,264 sqft 10.33 AC lot
    View details
    500 Fremont St
    APARTMENT HOUSE (100+ UNITS)

    500 Fremont St, Monroe, WA 98272-2363

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

    18463 Blueberry Ln, Monroe, WA 98272-1318

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

    0 Tjerne Pl, Monroe, WA 98272

    Value Estimation by Request
    11.04 AC lot
    View details
    18933 Tualco Rd
    CAMPGROUND, RV PARK

    18933 Tualco Rd, Monroe, WA 98272

    Value Estimation by Request
    3,840 sqft 0.81 AC lot
    View details
    25405 Lk Fontal Rd
    CAMPGROUND, RV PARK

    25405 Lk Fontal Rd, Monroe, WA 98272-9306

    Value Estimation by Request
    57.05 AC lot
    View details
    Monroe, WA 98272
    CAMPGROUND, RV PARK

    Monroe, WA 98272

    Value Estimation by Request
    78.67 AC lot
    View details
    Monroe, WA 98272
    CAMPGROUND, RV PARK

    Monroe, WA 98272

    Value Estimation by Request
    58.70 AC lot
    View details
    Monroe, WA 98272
    CAMPGROUND, RV PARK

    Monroe, WA 98272

    Value Estimation by Request
    64.62 AC lot
    View details

    Monroe, WA Residential Income Properties Market Trends and Statistics

    Explore 13 residential income properties for sale in Monroe, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 72,935 square feet of properties for sale, with an estimated market value of $15,410,000.

    Sale prices for residential income properties in Monroe, WA start at $1,100,000, averaging $5,136,666, and reaching up to $8,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Multifamily properties 4

    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 $4.5M

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Monroe, WA

    Popular Categories

    Most Searched ZIP Codes in Monroe, WA

    • 98272

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!