LISTING DETAILS

Cherry Creek Apartments

520 S Kelsey St Monroe WA 98272

Listing #: 709814 | Status: Available | Last Modified: 3/11/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate5.72 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Building Information
Building StatusExisting
# of Buildings3
# of Floors2
# of Units18
# of Elevators0
Total Building SF20,556 SF
Net Rentable Area20,556 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF40,237 SF
Acres0.92
Year Built1989
Construction TypeWood
Property Type
Property TypeMulti-Family
InvestmentYes
Location
CountySnohomish
Market AreaNot Assigned
Tax ID #00484600301000
ZoningR25
Parking Information
#Covered Spaces20
# Uncovered Spaces28
Total Parking Spots48

Cherry Creek Apartments

Public Comments

We are pleased to exclusively present Cherry Creek Apartments, a highly desirable 18-unit multifamily community located in Monroe, Washington. Cherry Creek offers a diverse unit mix consisting of one-bedroom flats, two-bedroom flats, and spacious two- and three-bedroom townhomes, with an average unit size of 1,134 square feet. The property has undergone extensive renovations, with most residences featuring stainless steel appliances, granite countertops, luxury vinyl plank flooring, modern lighting, refaced cabinetry, and in-unit washer/dryers. The community provides a superior parking ratio of 2.67 spaces per unit, including 20 garage spaces and 28 surface stalls. Select townhome units feature attached two-car garages and floorplans up to 1,450 square feet, positioning Cherry Creek as a

Public Building Comments

18 Unit Apartment Building 8% Cap Rate, Grossing $221,340,10 Town homes 2 car Garages/ 8 Garden style no stairs. Rapidly growing and appreciating area, walking distance to town ,schools & Hospital. New Walmart same street 2014, Freeway access to 405/522 a

Cherry Creek Apartments
520 S Kelsey St Monroe WA 98272

Listing #: 709814 | Status: Available | Listing Date: 3/10/2026 | Last Modified: 3/11/2026 | Email Listing

For Sale

Cherry Creek Apartments

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