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700 W Maple Street Monroe, WA $ 8,100,000
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$ 8,100,000 Get more info
700 W Maple Street
$ 8,100,000
Back to search
Share Save

700 W Maple Street

Monroe, WA, 98272
$ 8,100,000
Baths0.0

Monthly Estimate*

$ 49,873

Listed by Northmarq Multifamily, LLC
700 W Maple Street, Monroe, WA 98272 - Image 1
700 W Maple Street, Monroe, WA 98272 - Image 2
700 W Maple Street, Monroe, WA 98272 - Image 3
700 W Maple Street, Monroe, WA 98272 - Image 4
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700 W Maple Street, Monroe, WA 98272 - Image 7
700 W Maple Street, Monroe, WA 98272 - Image 8
700 W Maple Street, Monroe, WA 98272 - Image 9
Studio

Multi-Family Home for sale in Monroe, WA

for $8,100,000. This home was built in 1982 on a lot size of 2.05.

We are pleased to present the Parkside Apartments, a 29-unit multifamily community located in Monroe, WA. It offers a balanced mix of 1-, 2-, and 3-BD floorplans, averaging 908SF. Each residence is equipped with in-unit W/D, with many units upgraded to include SS appliances, granite CT, LVP flooring, and other modern finishes. The property is situated on a large 89,298SF parcel, providing residents with a lower-density living environment and ample on-site parking. It has been well maintained and is currently achieving strong operating performance, with average rents of $2,007 and positive T12, T6, and T3 trends. This consistent operational trajectory underscores the property’s strong positioning within the Snohomish County rental market.

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Multi-Family Pending

Price

$ 8,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 55,762

Style

10+ Units

Lot Size

2.05

Year Built

1982

Town/City

Monroe

County/Region

Snohomish

MLS | Web ID

2434987
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1982
Property Subtype Multi Family
Tax Year 2025
County Snohomish
Net Operating Income 477135
Insurance Expense 7740
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Monroe
Possible Use Multi-Family
Special Listing Conditions None
Status Pending Inspection
Directions Exit 182 405 S Exit 23A Monroe/522 Take ramp to Hwy2 R on N Kelsey ST R on W Maple St drive to very back building on dead end road.
City Monroe
Senior Community Y/N N
High School District Monroe
Zoning Description Multi-Family
Open Parking Spaces 40
Number Of Units Total 29
MLS Area 750 - East Snohomish County
Lot Size Units Square Feet
Lot Size Square Feet 89298
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 55762
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks We are pleased to present the Parkside Apartments a 29-unit multifamily community located in Monroe WA. It offers a balanced mix of 1- 2- and 3-BD floorplans averaging 908SF. Each residence is equip
Leasable Area 26400
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Playground
Water Company City
Units Below Grade false
Units In Building Total 29
Water Sewer Garbage 58532
Property Style 56 - 10+ Units
Cap Rate 5.8
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Exterior
Exterior Amenities Wood
Lot Features Cul-De-Sac Curbs Dead End Street Paved Sidewalk
Water Source Community
Total Parking 40
Foundation Details Concrete Ribbon
Building Area Total 0
Lot Size Acres 2.05
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Patio Shop
Parking Uncovered Spaces 40
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Interior
Flooring Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2434987
Street Number 1 700
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* Excluded Features
List By
Brendan Greenheck

Listing Agent

Northmarq Multifamily, Llc

Broker

Affordability Calculator

$54,520
Per Month
91%
9%
0%
Monthly Principal & Interest
$49,873
Monthly Property Taxes
$4,647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257956 Elementary School
257751 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/17/2025$8,100,000 Listed Price

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700 W Maple Street, Monroe, WA, 98272 is a Multi-Family Home for sale at $8,100,000 with a lot size of 2.05. 700 W Maple Street is a studio with 0.0 baths and was built in 1982. The property's zip code is 98272 which is in Monroe, WA

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