17433 154th Street SE, Monroe, WA 98272

• 3 beds |
• 2 baths |
• 1,700 sqft

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.

Listing Status:

Active

Data Last Updated:

August 13, 2026 at 7:21AM

Listing Office:

Skyline Properties, Inc. : 425-455-2065

Listing Agent:

Grzegorz Kutrzeba : 425-455-2065

MLS ID:

2536805

Interior

• Basement: None
• A/C: Window Unit(s)
• Heating: Forced AirWall Furnace
• Fireplace: Fireplaces: 0

Exterior

• General: Wood Products
• Parking: DrivewayDetached GarageParking spaces: 9

Construction

• Roofing: Composition
• General: TwoPoured Concrete

Location

• HOA Amenities: ParkPlaygroundTrail(s)0.0
• Originating MLS: nwmls
• School District: Monroe
• County: Snohomish

Lot

• Topography: Level
• Zoning: 27060200102200
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls