17433 154th Street SE, Monroe, WA 98272

$945,000
5
BD
3
BA
2,051
SqFt

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Listing courtesy of Skyline Properties, Inc..

List Price
$945,000
Status
ACTIVE
MLS#
2536805
Price Change
▼ $50,000 1785360992
Days on Market
49
Bedrooms
5
Finished SqFt
2,051
Area Total SqFt
2051
Annual Tax Ammount
4216
Lot Size (sq ft)
14,810
Sewer
Sewer Connected
Offer Review Date
2026-08-10

Property Description

Significant price improvement! Exceptional opportunity for builders, developers, investors, or owner-occupants seeking immediate income with long-term upside. Existing home plus a vacant detached ADU provide immediate rental income potential or flexible multigenerational living while preserving exceptional future redevelopment opportunities. Approximately 0.34-acre R7-zoned property with potential for up to 5 attached townhome units under the current interim ordinance. The City is also actively working on a permanent middle housing ordinance that, if approved by City Council, would make the current interim townhome regulations permanent. Buyer to verify all development potential, density allowances, zoning requirements, future use, and ordinance information with the City of Monroe. Site features include 3 existing driveways, two on-site drainage features, and an established residential location experiencing continued growth and housing demand. Conveniently located near Hwy 2 and Fryelands Blvd with easy access to shopping, healthcare, schools, and major commuter routes. Walking distance to daycare, neighborhood park with newly updated playground, walking trails, and other nearby amenities. Monroe's growing market, expanding infrastructure, and flexible zoning create an outstanding opportunity to enjoy the property today while preserving future development potential. Motivated seller welcomes serious inquiries.

Additional Information

Community
Monroe
Style
12 - 2 Story
Basement
None
Year Built
1927
Total Covered Parking
2
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, Patio
Tax Year
2025
School District
Monroe
Potential Terms
Cash, Conventional
Driving Directions
GPS works
Energy Source
Electric
Based on information submitted to the MLS GRID as of . 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.
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