Back to listings
195 S 200 E photo 11 / 45
Single Family

$319,000

195 S 200 E, Monroe, UT 84754

Type

SFR

List Price

$319,000

Price/Sqft

$281

Est Gross Yield

3.9%

$12,360/yr est.

Property Details

Property typeSingle Family
Year built1908
Total units1
Living area1,134 sqft
Bedrooms2
Bathrooms1
Lot size0.5 acres
Days on market63
Listed2026-04-10T00:00:00+00:00

Description

This Monroe property has a little bit of everything. Sitting on a half-acre corner lot, there's room to spread out, room for animals, room for hobbies, and plenty of flexibility depending on what you need. The home itself is comfortable and easy to maintain with 2 bedrooms, 1 bathroom, and just under 1,200 square feet. It has a warm, lived-in feel and also includes whole house fans to help keep things comfortable year-round. The real standout here is the detached building. At nearly 1,500 square feet, it has been set up as a professional sound and recording studio with 10 skylights bringing in incredible natural light throughout the space. Whether you're a musician, podcaster, photographer, artist, content creator, or just need an amazing workspace, it's a setup that's hard to find. And if studio space isn't your thing, the building could easily work as a large garage, shop, or workshop. Outside, the property is already set up for horses and animals with stalls and panels in place, making the space functional from day one. Properties like this don't come around often because they offer so many possibilities. If you've been looking for a place with usable land, extra shop space, and something beyond the typical residential setup, this one is worth a look. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Listed by Anne Valae Fillmore · Red Rock Real Estate LLC (Central)

Location

195 S 200 E, Monroe, UT 84754

Proforma

Drag sliders to explore the deal

Cap Rate

2.58%

Cash-on-Cash

-5.60%

Cash Flow

-$558/mo

Purchase Price$319,000
Down Payment35% ($111,650)
Interest Rate6.00%
Monthly Rent$1,030/mo
Vacancy5%
Expense Ratio30% ($3,523)

Quick estimates only. Switch to Detailed for full line-item control.

Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/12/2026, 3:23:37 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. 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 data provided by UtahRealEstate.com.