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Listing courtesy of NWMLS / Windermere R.E. Shoreline. Bought with Coldwell Banker Bain.

18775 137th Street SE

Monroe, WA 98272

– beds
– baths
3,034 sqft
10,019 sqft lot
$294 per sqft
2004 build

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Investment opportunity in Monroe with this immaculate condition townhouse side-by-side duplex featuring 3 & 4 bedroom floor plans with desirable floor plans. Each unit has two car garages and simple grounds for ease of maintenance in a suburban setting that makes each home feel like its own house. Track record of solid tenants and solid rents, this property presents an attractive prospect for investors looking for stability and growth with a 5.6 % cap rate that would make a fantastic addition to any real estate portfolio. Pre-inspected and turnkey condition. Very convenient location close to North Kelsey Village, shopping, services, and so much more.

Listing courtesy of NWMLS / Windermere R.E. Shoreline. Bought with Coldwell Banker Bain.

Last checked: Checking… • Last updated Sep 5, 2024 •

MLS# 2196853 —

The Building

Year Built:

2004
Year Built:

2004
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Duplex
Exterior Features:

Cement Planked, Wood
Roof:

Composition
Units In Building Total:

2
Foundation Details:

Poured Concrete
Security Features:

SecurityGate, FullyFenced
# of Units Total:

2
Stories Total:

2
Building Area Total:

3034
Building Area Units:

Square Feet
Calculated SqFt:

3034
SqFt Source:

SCR
Green Energy Efficient:

Thermal Windows

Interior

Interior Features:

Hardwood, Wall to Wall Carpet
Flooring:

Hardwood, Vinyl, Carpet
Fireplace:

false

Financial & Terms

Possession:

Tenant's Rights
Buyer Financing:

VA

Location

Latitude:

47.873359
Longitude:

-121.979168
Directions:

From Highway 2, north on Chain Lake Road, north to Rainier View Road, right on 191st, left on 137th St.SE. Driveway onright leads to duplex.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Good
Parcel Number:

00946300000300
Lot Features:

Dead End Street, Paved
Lot Size Units:

Square Feet
Lot Size Acres:

0.23
Lot Size SqFt:

10019
Lot Size Source:

Realist
Zoning Class:

Multi-Family,Residential
Zoning Jurisdiction:

City
View:

false
Waterfront:

false
Possible Use:

Multi-Family, Residential
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

6034

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Forced Air

Utilities

Water Company:

City Of Monroe
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

City Of Monroe
Power Company:

Sno Pud

Schools

High School District:

Monroe

The Community

Subdivision Name:

Monroe
Amenities:

See Remarks,Thermal Windows
Senior Community:

false
Association:

false

Parking

Parking Total:

6
Parking Uncovered Spaces:

2
Open Parking:

true
Open Parking Spaces:

2
Carport:

false
Covered Spaces:

4

Listing courtesy of NWMLS / Windermere R.E. Shoreline. Bought with Coldwell Banker Bain.

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Fri Nov 15 2024 08:34 AM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Sale history

Date	Event	Source	Price	% Change
3/6/24 Mar 6, 2024	Sold	NWMLS	$895,000	1.2%
2/6/24 Feb 6, 2024	Pending	NWMLS	$884,000
2/3/24 Feb 3, 2024	Listed / Active	NWMLS	$884,000	110.5% (12.4% / YR)

Multifamily Sold on 3/6/2024

$895,000

Listing provided by broker:

Chris Haynes

Windermere R.E. Shoreline

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Listing courtesy of NWMLS / Windermere R.E. Shoreline. Bought with Coldwell Banker Bain.

Disclaimer: The information contained in this listing has not been verified by Windermere R.E. Shoreline and should be verified by the buyer.

18775 137th Street SE

Monroe, WA 98272