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About the Listing 7086 - 151675
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.
Listing Highlights for 9037 -9041 16th Ave SW
Status
Active
Days on Site
58
Property Type
Multi-Family
MLS ®
2405804
Year Built
1957
Total Square Footage
9,500
Lot/Acreage
0.33
Interior Details
- Bedrooms: 18
- Bathrooms: 20 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 12
- Roof: Flat
- Others: Wood
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $31,814
- Taxes w/Assessments: N/A
- Tax/Property ID: 7899800981
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
9037 -9041 16th Ave SW Seattle, WA 98106
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