8356 16th Avenue Nw, Seattle, WA 98117

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:curran c. hagstrom
Office:westlake associates, inc.
MLS#:2440232
Source:NWMLS
8356 16th Avenue Nw,Seattle, WA 98117
$4,600,000
  • - Beds
  • - Baths
  • 23,381 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$4,600,000
  • Price per sq. ft.:$196.74

About this home

Crown Hill 13 is on the market for the first time since its 2001 construction. This 13-unit, well-built apartment community sits at the border of Loyal Heights and Crown Hill, near shops, dining, and entertainment along the Crown Hill corridor. Secure entry with elevator, garage parking plus large storage lockers. 7 of 13 units have been upgraded. 6 units provide value-add with potential for turnover. It’s close to Golden Gardens Park, Ballard Avenue, and just seven miles from South Lake Union and Downtown Seattle. With a 5.5% in-place cap rate, large floor plans, quality construction, and room for rent growth and renovations, this is a rare chance to own a strong income-producing property in one of Seattle’s top rental markets.

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Home facts

  • Year built:2001
  • Listing ID #:2440232
  • Updated:October 01, 2025 at 07:52 PM

Rooms and interior

  • Living area:23,381 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:2001
  • Building area:23,381 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$4,600,000
  • Price per sq. ft.:$196.74
  • Tax amount:$34,067 (2025)
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