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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
Status
Active
Days on Site
128
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
Monthly Payment
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Questions About..
9037 -9041 16th Ave SW Seattle, WA 98106
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