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9037 16th Avenue Sw, Seattle, WA 98106

Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: tanner fogle
Office: paragon real estate advisors
MLS#:2405804
Source:NWMLS
9037 16th Avenue Sw,Seattle, WA 98106
$3,150,000
  • - Beds
  • - Baths
  • 9,584 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,150,000
  • Price per sq. ft.:$328.67

About this home

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.

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Home facts

  • Year built:1957
  • Listing ID #:2405804
  • Updated:December 13, 2025 at 09:43 PM

Rooms and interior

  • Living area:9,584 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1957
  • Building area:9,584 sq. ft.
  • Lot area:0.33 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,150,000
  • Price per sq. ft.:$328.67
  • Tax amount:$31,814 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of December 14, 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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