Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    700 W Maple St, Unit Monroe Monroe, WA 98272

    For Sale
    $8,100,000

    Well-maintained 29-unit apartment community with modern upgrades and strong performance.

    Property size:
    26,400 SF

    Property Features for 700 W Maple St

    General Information

    Standard status
    Active
    Size
    26,400 SF

    Building Details

    Year built
    1982

    Source: NORTHMARQ MULTIFAMILY LLC Agent TYLER SMITH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    29-Unit Multifamily Community in Monroe

    Parkside Apartments is a 29-unit multifamily community located in Monroe, Washington. The property features a mix of one-, two-, and three-bedroom floorplans, averaging 908 square feet. Each residence includes in-unit washers and dryers. Many units have been upgraded with stainless steel appliances, granite countertops, luxury vinyl plank flooring, and other modern finishes. The property is situated on an 89,298-square-foot parcel, providing residents with a lower-density living environment and ample on-site parking. The property has been well maintained and is currently achieving strong operating performance, with average rents of $2,007 and positive trends.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parkside Apartments Apartment Complex

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Hair Salon Spa & Massage Clothing Store Nail Salon Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Snohomish
    State
    Washington
    Longitude
    -121.9809389
    Latitude
    47.8574306

    Nearby Similar for Sale

    • $500,000
      1,684 SF

      Updated Home with Territorial Views

      West-facing end unit with modern updates, territorial views, and fenced yard.
      1017 W Main St, Monroe, WA 98272
      View Details
    • $2,300,000

      Downtown Monroe Commercial Property

      Prime commercial property in downtown Monroe with flexible configurations.
      123 N Lewis St, Monroe, WA 98272
      View Details
    • $5,200,000

      Renovated Multifamily Community in Monroe

      18-unit multifamily property with renovated units and diverse floorplans.
      520 Kelsey St, Monroe, WA 98272
      View Details
    • $1,100,000
      5,659 SF

      Mixed-Use Investment in Historic Downtown

      Fully rented commercial space with residential units near historic district.
      148 Woods St, Monroe, WA 98272
      View Details
    • $1,100,000
      4,992 SF

      Downtown Monroe Commercial Building

      4,992 sq ft commercial building in downtown Monroe.
      381 Main St, Monroe, WA 98272
      View Details
    • $5,000,000

      Monroe Airport with Development Potential

      Privately owned airport near Seattle with leased hangars and storage.
      13814 179Th Ave SE, Monroe, WA 98272
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 29-unit apartment community with modern upgrades and strong performance.
    Where is this apartment building located?
    The property is located at 700 W Maple St, Unit Monroe Monroe, WA.
    What is the asking price?
    The asking price for this property is $8,100,000.
    What are key features of this property?
    This property features: - 29-unit multifamily community with a mix of one-, two-, and three-bedroom floorplans.; - Upgraded units feature STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, and LUXURY VINYL PLANK FLOORING.; - IN-UNIT WASHERS AND DRYERS in every residence.
    Request Owner's contact information
    700 W Maple St, Unit Monroe Monroe, WA 98272
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 W Maple St, Unit Monroe
    Monroe, WA 98272
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 W Maple St, Unit Monroe Monroe, WA 98272
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.