We are pleased to present the Cherry Creek Apartments, a highly desirable 18-unit multifamily community located in Monroe, WA. It offers a diverse unit mix consisting of 1BD flats, 2BD flats, and spacious 2 & 3BD townhomes, with an average unit size of 1,134SF. The property has undergone extensive renovations, with most residences featuring SS appliances, granite CT, LVP flooring, modern lighting, refaced cabinetry, and in-unit W/D. It provides a superior parking ratio of 2.67 spaces/unit, including 20 garage spaces and 28 surface stalls. Select townhome units feature attached 2-car garages and floorplans up to 1,450SF, positioning Cherry Creek as a competitive alternative to single-family housing.
Active
Listed by: Northmarq Multifamily, LLC • Brendan Greenheck
$5,200,000
520 S Kelsey Street, Monroe, WA 98272
42beds
18baths
--sqft
Multi Family
Built in 1989
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern lightingRefaced cabinetrySs appliancesLvp flooring
- 115 days |
- 143 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Brendan Greenheck,
Northmarq Multifamily, LLC,
Steven Fischer,
Northmarq Multifamily, LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2493947
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 42
- Bathrooms: 18
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 20
- Parking features: Garage
- Garage spaces: 20
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.94 Acres
- Features: Dead End Street, Paved, Sidewalk, Patio
Details
- Parcel number: 00484600301302
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1989
- Major remodel year: 1989
Utilities & green energy
- Electric: Company: PUD
- Sewer: Sewer Connected
- Water: Public, Company: City
Community & HOA
Community
- Subdivision: Monroe
Location
- Region: Monroe
Financial & listing details
- Tax assessed value: $416,000
- Annual tax amount: $33,065
- Date on market: 10/16/2025
- Cumulative days on market: 268 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,752/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Listed for sale | $5,200,000+324.8% |
Source:  NWMLS as distributed by MLS GRID #2493947 Report a problem | ||
| 12/28/2017 | Listing removed | $1,395 |
Source: Kelsey Apartments Report a problem | ||
| 12/12/2017 | Listed for rent | $1,395-12.5% |
Source: Kelsey Apartments Report a problem | ||
| 4/7/2017 | Listing removed | $1,595 |
Source: Kelsey Apartments Report a problem | ||
| 3/21/2017 | Listed for rent | $1,595+45% |
Source: Kelsey Apartments Report a problem | ||
| 2/8/2017 | Listing removed | $1,100 |
Source: Kelsey Apartments Report a problem | ||
| 1/29/2017 | Listed for rent | $1,100 |
Source: Kelsey Apartments Report a problem | ||
| 7/30/2010 | Sold | $1,224,065+44% |
Source: Public Record Report a problem | ||
| 9/30/1997 | Sold | $850,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,369 +0.2% | $416,000 |
| 2023 | $3,361 +36.6% | $416,000 +25.9% |
| 2022 | $2,460 -6% | $330,300 +17.8% |
| 2021 | $2,617 -15.6% | $280,300 -14.4% |
| 2020 | $3,102 -2.2% | $327,400 |
| 2019 | $3,171 | $327,400 +6.3% |
| 2018 | -- | $308,000 +12.8% |
| 2017 | $3,474 +22.8% | $273,000 +20.8% |
| 2016 | $2,830 | $226,000 +5.6% |
| 2015 | $2,830 -8.1% | $214,000 +0.5% |
| 2013 | $3,079 | $213,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98272
Nearby schools
GreatSchools rating
- 5/10Frank Wagner Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Park Place Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Monroe High SchoolGrades: 9-12Distance: 1.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Snohomish County
- Monroe
- 98272
- 520 S Kelsey Street
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