354 -364 W Elizabeth Street Monroe, WA $ 1,910,000
354 -364 W Elizabeth Street
$ 1,910,000
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354 -364 W Elizabeth Street

Monroe, WA, 98272
$ 1,910,000
Baths0.0

Monthly Estimate*

$ 11,916

Listed by Northmarq Multifamily, LLC
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 1
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 2
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354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 4
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 5
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354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 7
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 8
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 9
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 10
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 11
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 12
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 13
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 14
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354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 16
354 -364 W Elizabeth Street, Monroe, WA 98272 - Image 17
Studio

Multi-Family Home for sale in Monroe, WA

for $1,910,000. This home was built in 1967 on a lot size of 0.36.

We are pleased to present Elizabeth Apartments, located in Monroe. Built in 1967, this well-maintained property comprises 6 spacious townhome-style units, each averaging 952SF. There is carport parking at the back of the property, as well as open parking in the front. The property also offers coin-operated common laundry facilities and private patio spaces. 3 of the 6 2-BD 1.5-BTH units feature modern upgrades, including stainless steel appliances, quartz CT, modern cabinetry, and vinyl flooring. The exterior of the property has also been recently updated with fresh paint and roofing, enhancing curb appeal and improving long-term durability. The remaining 3 classic units can be renovated to increase rents and improve long-term income.

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Multi-Family Active

Price

$ 1,910,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,743

Style

5-9 Units

Lot Size

0.36

Year Built

1967

Town/City

Monroe

County/Region

Snohomish

MLS | Web ID

2444474

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1967
Property Subtype Multi Family
Tax Year 2025
County Snohomish
Net Operating Income 109616
Insurance Expense 3896
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Monroe
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From Highway 2 turn South on Kelsey St and go over railroad tracks left on Elizabeth and 2nd property on right.
City Monroe
Senior Community Y/N N
High School District Monroe
Zoning Description Multi-Family
Open Parking Spaces 10
Number Of Units Total 6
MLS Area 750 - East Snohomish County
Lot Size Units Square Feet
Lot Size Square Feet 15682
Carport Spaces 6
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 11743
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks We are pleased to present Elizabeth Apartments located in Monroe. Built in 1967 this well-maintained property comprises 6 spacious townhome-style units each averaging 952SF. There is carport parking
Leasable Area 5712
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 14652
Property Style 55 - 5-9 Units
Cap Rate 5.74
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Paved
Total Parking 16
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.36
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV High Speed Internet Outbuildings Patio
Parking Uncovered Spaces 10
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Interior
Flooring Vinyl Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2444474
Street Number 1 354
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* Excluded Features
List By
Brendan Greenheck

Listing Agent

Northmarq Multifamily, Llc

Broker

Affordability Calculator

$12,894
Per Month
92%
8%
0%
Monthly Principal & Interest
$11,916
Monthly Property Taxes
$979
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257956 Elementary School
257751 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2025$1,910,000 Listed Price

Map


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354 -364 W Elizabeth Street, Monroe, WA, 98272 is a Multi-Family Home for sale at $1,910,000 with a lot size of 0.36. 354 -364 W Elizabeth Street is a studio with 0.0 baths and was built in 1967. The property's zip code is 98272 which is in Monroe, WA