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2535 Monroe Ave, Everett, WA 98203

$578,000
Last sold 01/05/2022 for $585K
—
bed
—
bath
2,308
Sqft ($253/Sqft)

House not for sale

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About 2535 Monroe Ave

Property type House

Neighborhood

Year built 1977

HOA fee $0/month

Lot size 0.42 Acre

Movoto estimate

Property description

Great Investment Opportunity in this solid Duplex with Long term tenants (over 10 years, and 3+ years) with good rental history in a convenient location - close to bus line, I-5, 526, Boeing, Everett Mall! One unit had new paint, carpet about 3+ years ago when the unit changed tenants. Landlord currently pays WSG. Roof and Gutters replaced a few years ago.

Listed by

Listing Agent - Joy Johnson

Listing Office - The Preview Group

Source: NWMLS

MLS#1856220 • last updated 1 year ago

Movoto checked NWMLS for data 14 minutes ago

Overview
Levels/Style	Duplex
MLS #	1856220
SubType	Multi-Family
Type	Residential Income
SqFt	2308
Status	Sold
Lot Size (SqFt)	18295
Lot Size (Acres)	0.42
Property Tax	4577
Buying Office	RexMont Real Estate
Year Built	1977
Buying Office Phone	425-242-5295

Exterior
Roof	Composition
# Open Parking Spaces	2
# Covered Spaces	2
# Parking Spaces	4
# Uncovered Spaces	2
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Water	Public
Power Production: Type	Electric

Location
County	Snohomish
Subdivision	Pinehurst
Area	740 - Everett/Mukilteo
High School District	Everett
APN	545103800800

Multifamily Details
Net Operating Income	26906
Capitalization Rate	4.54
Expense: Insurance	1067
Gross Scheduled Income	34800
Gross Adjusted Income	34800
Total Expenses	7894
Gross Rent Multiplier	17
Nwm_Totalmonthlyincome	2900

Lot/ Land Details
Site Features	Deck

$578K

Range: $479K-$676K

Last 30 days

Rental est.: $1,427/month

• Gross rent multiplier: 34.2

Lower your payment with the loan terms that fit you.

Jan 2022
Public Records
Jan 5, 2022 Sold
$585,000
Jan 2022
MLS # 1856220
Jan 5, 2022 Sold
$585,000 (-2.5%)
Oct 22, 2021 Pending
—
Oct 20, 2021 Listed
$599,900

Year Property taxes Tax assessment
2025
$5,418 +4.9%

$611,400 -2.64%
2023
$5,167 +10.7%

$628,000 +23.43%
2022
$4,666 +2.0%

$508,800 +21.81%
2021
$4,577 -2.6%

$417,700
2020
$4,697 +15.0%

$417,700 +14.22%
2019
$4,086 -8.5%

$365,700 -0.22%
2018
$4,466 +41.4%

$366,500 +24.07%
2015
$3,158

$295,400

2535 Monroe Ave
$585K
Pinehurst-Beverly Park
$574K +1% y/y
98203
$575K -11% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2531 Monroe Ave, Everett, WA 98203	$481,000	4/1	1,740	0.02
2521 Monroe Ave, Everett, WA 98203	$695,000	4/2	2,094	0.03
2536 Monroe Ave, Everett, WA 98203	$580,000	2/1	1,412	0.03
2538 Monroe Ave, Everett, WA 98203	$500,000	3/2	1,008	0.03
2532 Monroe Ave, Everett, WA 98203	$621,000	4/2	1,754	0.03
2517 Monroe Ave, Everett, WA 98203	$494,000	2/1	1,192	0.03
6929 Columbia Ct, Everett, WA 98203	$650,000	3/2	1,920	0.05
2518 Monroe Ave, Everett, WA 98203	$559,000	3/2	1,614	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.