520 S Kelsey St, Monroe, WA 98272
Multifamily property featuring 18 units.
- Added:
- Mar 10, 2026
- Days on Market:
- 115
- Last Refresh:
- Mar 19 at 10:31 pm
Property Features for 520 S Kelsey St
General Information
- Standard status
- Active
- Size
- 20,556 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1989
Listing office Northmarq
Listing date Mar 10, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Northmarq
HighLights
- Multifamily property with 18 units.
- Price per unit: $288,889.
- Built in 1989.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $604.3k | $29.40 |
| − Vacancy | −$45.3k | −$2.21 |
| EGI | $559.0k | $27.20 |
| − OpEx | −$251.6k | −$12.24 |
| NOI | $307.5k | $14.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Snohomish
- State
- Washington
- Longitude
- -121.9774921
- Latitude
- 47.8496845
