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Monroe, WA Multifamily Homes & Duplexes for Sale

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  • /39

    $500,000

    • 3 Beds
    • 2 Baths
    • 1,480 Sq Ft

    535 Terrace St, Monroe, WA 98272

    Investor or Remodeler Special! This charming home is full of opportunities. Home currently features two separate units-one up, one down with full kitchens, bathrooms, bedroom(s), separate entrances, yards, and storage. Complete the remodel as you wish to create a duplex, a single family, or an amazing multi-generational opportunity. New roof, new paint upstairs, and many cosmetic upgrades. Fully

    Agent Photo

    Heidi Davalos

    COMPASS

    (360) 732-8932

    535 Terrace St, Monroe, WA 98272
  • /38

    $615,000

    • 5 Beds
    • 3 Baths
    • 1,654 Sq Ft

    230 N Madison St, Monroe, WA 98272

    Positioned in the heart of downtown Monroe, this duplex combines lifestyle with investment potential—offering a turnkey home or lucrative rental. Unit A (540 sq. ft.) is fully remodeled with engineered hardwoods, shaker cabinetry, and a farm-style kitchen and bath, anchored by a striking entryway. Unit B (1,114 sq. ft.) has fresh updates and new fixtures throughout. Together, the property offers

    Mark Popach COMPASS

    230 N Madison St, Monroe, WA 98272
  • /15

    $2,350,000

    • 16 Beds
    • 8 Baths

    15027 179th Ave SE, Monroe, WA 98272

    We are excited to present Greenacre, a prime investment opportunity located in Monroe. Built in 1967, this well-maintained property features 8 spacious 2-BD, 1-BTH units, each averaging 900 SF. Greenacre has undergone recent renovations to 3 of the units, including stainless steel appliances, modern cabinetry, LVP flooring, and granite CT. Each unit also includes in-unit laundry. With ample

    Brendan Greenheck Northmarq Multifamily, LLC

    15027 179th Ave SE, Monroe, WA 98272

Why Live in Monroe

Monroe, WA, a small town with a population of over 19,000, is located in the foothills of the Cascade Mountains and near the Skykomish and Snoqualmie Rivers, providing picturesque views and numerous outdoor activities. The town is known for its vibrant artistic community, highlighted by hyper-realistic murals by local artist David Hose. Monroe's local businesses and diverse houses of worship, including the Ahmadiyya Muslim Community Seattle and Kriga Yoga Institute Monastery, reflect its cultural richness. Historically significant as a timber hub and home to the Carnation condensed milk plant, Monroe has evolved into a more metropolitan area focused on resident well-being through initiatives like Imagine Monroe. Housing options range from early 1900s homes in Old Town to suburban neighborhoods like Fryelands, with new constructions on the north side. The town is a gateway to recreation, with Al Borlin Park offering forest paths and river access, and Lake Tye providing swimming and fishing opportunities. The Evergreen State Fairgrounds host the annual Evergreen State Fair and other events, including NASCAR races and horse shows. Downtown Monroe features local shops and dining options, such as Lewis and Main. Major thoroughfares include Route 522, Route 2, and Route 203, with Community Transit offering commuter bus lines to Everett and Seattle. The nearest major airport is Seattle-Tacoma International Airport, 45 miles away, with Paine Field in Everett serving shorter flights. Monroe's public education system receives a moderate rating, and the town has seen a recent decrease in property crime. However, it faces major air quality risks and moderate heat and wildfire risks.

Home Trends in Monroe, WA

Housing Trends

Median Sale Price
$804,500
Median Single Family Sale Price
$875,000
Median Townhouse Sale Price
$530,000
Median 2 Bedroom Sale Price
$325,000
Median 1 Bedroom Sale Price
$255,000
Average Price Per Sq Ft
$374
Number of Homes for Sale
83
Last 12 months Home Sales
322
Months of Supply
3.10
Median List Price
$849,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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