18440 Killarney Circle, Monroe, WA 98272
- $850,000
- 2,700
- SqFt
Listing courtesy of Every Door Real Estate.
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 2533886
- Price Change
- ▼ $79,000 1784078025
- Days on Market
- 52
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,700
- Area Total SqFt
- 2700
- Annual Tax Ammount
- 5706
- Lot Size (sq ft)
- 10,019
- Sewer
- Sewer Connected
Property Description
Rare Turnkey Tri-Plex Opportunity – Perfect for Investors or House Hackers! Don’t miss this exceptionally maintained, income generating tri-plex offering the ultimate blend of stability and immediate upside. Whether you are an investor looking for a low maintenance addition to your portfolio or an owner occupant looking to "house hack" and let your neighbors pay your mortgage, this property delivers. The heavy lifting has already been done: Enjoy total peace of mind with a brand new roof, all new exterior siding, and fresh exterior paint. This turnkey exterior means remarkably low future maintenance costs and a secure, protected asset from day one. Perfect for an Owner Occupant: The middle unit is currently vacant and fully updated with modern finishes. It is completely move in ready for a buyer, or primed to immediately lease at top of the market rent to maximize your Cap Rate. The remaining two units offer stable, existing income to offset your expenses. Centrally located with convenient access to local shopping, parks, and major commuter routes, driving high tenant demand and low vacancy rates. Turnkey multi-family properties with the big ticket items already completed!
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Additional Information
- List Date
- 2026-06-04 23:43:11
- Community
- Monroe
- Net Operating Income
- $52,294
- Gross Adjusted Income
- $67,800
- Gross Scheduled Income
- $67,800
- Total Monthly Income
- $5,650
- Insurance Expenses
- $1,447
- Water/Sewer/Garbage Expenses
- $8,353
- Gross Rent Multiplier
- 12.54
- Total Expenses
- $15,506
- Cap Rate
- 6.15
- Total Number of Units
- 3
- Unit Name
- 18440
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1988
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially
- Energy Source
- Electric
- School District
- Monroe
- Total Monthly Income
- $5,650
- Gross Scheduled Income
- $67,800
- Gross Adjusted Income
- $67,800
- Tax Year
- 2026
- Insurance Expense
- $1,447
- W/S/G Expenses
- $8,353
- Total Expenses
- $15,506
- Net Operating Income
- $52,294
- Gross Rent Multiplier
- 12.54
- Cap Rate
- 6.15
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.