9037 -9041 16th Avenue SW, Seattle, WA 98106
Multi-Family Home 
Built in 1957 
0.33acre lot
—— car garage 
$——/sqft 
Listed 4 months ago
Property Description
This listing courtesy of Tanner Fogle, Paragon Real Estate Advisors
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 Status:
- Active
- Listing Office:
- Paragon Real Estate Advisors : 206-623-8880
- Listing Agent:
- Tanner Fogle : 206-623-8880
- MLS ID:
- 2405804
- General: Wood
- Parking: Parking spaces: 12
- Roofing: Flat
- General: 56 - 10+ Units
- HOA Amenities: 0.0
- Originating MLS: nwmls
- School District: Seattle
- County: King
- Zoning: 7899800981
- Sewer: Sewer Connected
- Source: nwmls
This listing courtesy of Tanner Fogle, Paragon Real Estate Advisors
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Highland Park Elementary School
1012 SW Trenton St, Seattle, WA, 98106
Grades PK-5
0.41 miles away
David T. Denny International Middle School
2601 SW Kenyon St, Seattle, WA, 98126
Grades 6-8
0.75 miles away
Chief Sealth International High School
2600 SW Thistle St, Seattle, WA, 98126
Grades 9-12
0.74 miles away
