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Listed by Debbie Barger Smith • Windermere Real Estate JS.
FOR SALE

$894,950

Est. $4,778/mo

Price reduced $64,050 from the original $959,000 asking price

654 W Main Street, Monroe, WA 98272

• Listed May 9, 2026•142 days active · 142 cumulative

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Listing Broker: Windermere Real Estate JS; Debbie Barger Smith; 425-356-9177; debbiebargersmith@windermere.com

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Listing Broker: Windermere Real Estate JS; Debbie Barger Smith; 425-356-9177; debbiebargersmith@windermere.com

About this home

Rare opportunity in one of Monroe’s most cherished neighborhoods! Situated on .46 acres with flexible Multi-Use Neighborhood Zoning, this exceptional property offers live/work, investment, or redevelopment potential allowing 4–7 dwelling units including the existing home. For over 20 years, the property successfully operated as offices for a private company with live-in extern housing, showcasing its versatility and functionality. Thoughtfully updated throughout with maple flooring, remodeled kitchen with granite countertops, renovated bathrooms, updated electrical panel, furnace, hot water tank, roof/gutters, paint, decking, and more. Flexible floor plan easily adapts to residential, group home, bed & breakfast, professional or health care offices, or mixed-use living with open gathering spaces, multiple office or bedroom options, and separate-entry basement ideal for additional workspace or guest quarters. Main floor features inviting wraparound covered porch, living and dining rooms, bedroom, office, kitchen, and family/conference room. Upstairs offers spacious suite with 3/4 bath, walk-in closet, 2 bonus rooms, and private deck overlooking beautiful grounds. Lower level includes additional office/living space, bathroom, bedroom, storage, and mechanical room. 768 ASF garage with plumbing and separate room offers additional flex space. There is no commercial use requirement for zoning but it does offer investment opportunities.

Property type
Single Family
Year built
1928
Interior
Not listed
Lot size
0.46 acres
Parking
None
Price / sq ft
Not listed
HeatingHeat Pump
CoolingNone
Property taxes$6,077/yr (est.)

Listed by Debbie Barger Smith • Windermere Real Estate JS

Listing updated: September 21, 2026 at 09:35am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2521249

Open houses

No upcoming open houses scheduled for this property.

Around this home

RexMont OfferEdge™

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654 W Main Street, Monroe, WA 98272

List price
$894,950
Down payment
$178,990

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Flooring

  • Hardwood
  • Vinyl
  • Carpet

Heating & cooling

  • Heat Pump heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$5,508 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Windermere Real Estate JS; Debbie Barger Smith; 425-356-9177; debbiebargersmith@windermere.com

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Market pulse

Monroe is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 68 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 09:35am (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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