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JRJeff ReynoldsCompass · Seattle

Listed by Brendan Greenheck, Northmarq Multifamily, LLC

Multi Family
Type
1989
Year built
40,946 sq ft
Lot
270
Days on market

About this property

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.

Location & commute

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Directions

Property details

Listing details

Listing number
#2493947
Listed
March 17, 2026
Days on market
270 (includes a prior listing period)

Unit & building

Stories in building
2
Units in building
18

Views

View
Territorial

Construction

Year built
1989
Style
56 - 10+ Units
Structure
Multi Family
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl PlankCarpet

Lot

Lot features
Dead End StreetPavedSidewalk
Lot size
40,946 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City
Sewer
Sewer Connected
Power
PUD

Schools

District
Monroe

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Multi Family
  • Composition
  • Baseboard
  • None
  • Electric
  • Vinyl Plank
  • Carpet
  • Dead End Street
  • Paved
  • Sidewalk
  • Cash

Listing history

  1. Listed

    $5,200,000

    March 17, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$30,281

Principal & interest
$26,294
Property tax (est.)
$3,987

Assumes $1,040,000 down (20%), a $4,160,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. 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.