Charming Triplex in Downtown Monroe! This freshly painted property features a newer roof and strong investment potential. It includes an upper-level 2 bed/1 bath unit—beautifully remodeled—and two lower-level studio apartments. Shared laundry and ample storage in the basement. Enjoy a fenced backyard, two parking spaces in the rear, and three more in front. Fully occupied since 2021 with tenants paying all utilities. Ideal for house hacking: live in the upper unit and rent the lower units to offset your mortgage. Please do not disturb tenants. Showings only with an ACCEPTED offer. Don’t miss this well-maintained income-generating property in a great location!
Sold
Listed by: John L. Scott Snohomish
Bought with: HomeSmart One Realty
$700,000
115 S Kelsey Street, Monroe, WA 98272
--beds
--baths
2,200sqft
Multi Family
Built in 1932
-- sqft lot
$664,000 Zestimate®
$318/sqft
$2,288 Estimated rent
Home value
$664,000
$618,000 - $717,000
$2,288/mo
Zestimate® history
Owner options
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$2,288/mo
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$2,288/mo
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$4,214/mo
Est. payment
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$4,214/mo
Est. payment
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List your homeWhat's special
Shared laundryTwo lower-level studio apartmentsFenced backyardNewer roof
Zillow last checked:
Listing updated:
Listed by:
Ava Cannon,
John L. Scott Snohomish
Bought with:
Stacy Renfro, 113843
HomeSmart One Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2357882
Facts & features
Interior
Heating
- Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Uncovered spaces: 5
Lot
- Size: 4,791 sqft
- Features: Paved, Sidewalk, Cable TV, Fenced-Fully, High Speed Internet
Details
- Parcel number: 00395900000400
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1932
- Major remodel year: 2015
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Monroe
- Subdivision: Monroe
Other
Other facts
- Listing terms: Assumable,Conventional,FHA,VA Loan
- Cumulative days on market: 281 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Sold | $700,000+0%$318/sqft |
Source:  NWMLS as distributed by MLS GRID #2357882 Report a problem | ||
| 5/3/2025 | Pending sale | $699,995$318/sqft |
Source: NWMLS as distributed by MLS GRID #2357882 Report a problem | ||
| 4/11/2025 | Listed for sale | $699,995+20.7%$318/sqft |
Source: NWMLS as distributed by MLS GRID #2357882 Report a problem | ||
| 6/17/2021 | Sold | $580,000+127.5%$264/sqft |
Source: NWMLS as distributed by MLS GRID #1772138 Report a problem | ||
| 3/13/2015 | Sold | $255,000+155%$116/sqft |
Source: NWMLS as distributed by MLS GRID #692750 Report a problem | ||
| 2/9/2009 | Sold | $100,000-9.1%$45/sqft |
Source: NWMLS as distributed by MLS GRID #28182988 Report a problem | ||
| 1/23/2009 | Listed for sale | $110,000-2.7%$50/sqft |
Source: Cevado Technologies #28182988 Report a problem | ||
| 9/9/1997 | Sold | $113,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,696 +2.5% | $456,400 +2.3% |
| 2023 | $3,605 -2.6% | $446,200 -10.2% |
| 2022 | $3,701 +8.9% | $497,000 +36.5% |
| 2021 | $3,398 +1.8% | $364,000 +3.4% |
| 2020 | $3,337 +13.2% | $352,200 +15.7% |
| 2019 | $2,949 | $304,400 +11.7% |
| 2018 | -- | $272,400 +30.1% |
| 2017 | $2,876 +43.8% | $209,400 +13.5% |
| 2016 | $2,000 | $184,500 +22% |
| 2015 | $2,000 +17.6% | $151,200 +28.6% |
| 2013 | $1,700 | $117,600 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,706 +0.4% | $135,000 +8% |
| 2000 | $1,699 | $125,000 |
Find assessor info on the county website
Neighborhood: 98272
Nearby schools
GreatSchools rating
- 5/10Frank Wagner Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 6/10Park Place Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Monroe High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- High: Monroe High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$664,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$664,000
- Washington
- Snohomish County
- Monroe
- 98272
- 115 S Kelsey Street
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