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9037 16th Avenue Sw, 
Seattle, WA 98106

$3,150,000

—

Bed

—

Bath

9,584

Sq Ft

Multi-Family

Active

Listed by

Tanner Fogle

Paragon Real Estate Advisors

Last updated:

July 11, 2025, 12:16 AM

MLS#

2405804

Source:

NWMLS

About This Home

9037 16th Avenue Sw

The Olympus Apartments is a 20-unit multifamily investment located at 9041 16th Ave SW in the heart of Seattle’s vibrant White Center neighborhood. Offered for the first time in over 25 years, this well-located property provides immediate income with a 5.91% in-place cap rate, while also offering a clear value-add opportunity through continued unit renovations and rental upside. Built in 1957, Olympus Apartments consists of 18 one-bedroom units and 2 studios. Ownership has upgraded electrical panels for all units, replaced portions of the plumbing system with PEX, and installed new flooring throughout the majority of the building.

Home Facts

Multi-Family

Built in 1957

Price Summary

3,150,000

$328 per Sq. Ft.

MLS #:

2405804

Last Updated:

July 11, 2025, 12:16 AM

Rooms & Interior

Interior

Living Area:

9,584 Sq. Ft.

Structure

Structure

Building Area:

9,584 Sq. Ft.

Year Built:

1957

Lot

Lot Size (Sq. Ft):

14,552

Finances & Disclosures

Finances

Price:

$3,150,000

Price per Sq. Ft:

$328 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 18, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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