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  • Listed by: Kidder Mathews • Max Frame
    $8,000,000

    10790 16th Avenue SW, Seattle, WA 98146

    4beds
    3baths
    27,890sqft
    : 
    $52,577/mo
    Get pre-qualified
    Multi Family
    Built in 2009
    -- sqft lot
    $-- Zestimate®
    $287/sqft
    $-- HOA

    What's special

    Fire sprinklersThree well-maintained buildingsDouble-pane windowsIn-unit washer and dryerIndividual hot water tanksCopper supply lines
    Centerwood presents an exceptional opportunity to acquire a 36-unit multifamily community built in 2009, located in White Center within unincorporated King County. The property consists of three well-maintained buildings totaling approximately 27,890 rentable square feet, featuring an attractive all two-bedroom unit mix with 35 two-bedroom/two-bathroom units and one two-bedroom/one-bathroom unit. Each residence includes an in-unit washer and dryer, while the community offers 61 parking stalls. Quality construction features include fire sprinklers, copper supply lines, double-pane windows, and individual hot water tanks. Conveniently located near downtown White Center, Westwood Village, public transportation, and major employment centers. Centerwood offers investors a compelling opportunity with a 5.83% in-place cap rate and potential upside through operational improvements and light cosmetic renovations. Offered at $8,000,000.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Max Frame,

    Kidder Mathews

    Source: NWMLS as distributed by MLS GRID,MLS#: 2584938MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Flooring: Vinyl Plank
      • Has fireplace: No
      Interior area
      • Total structure area: 27,890
      • Total interior livable area: 27,890 sqft

      Property

      Parking
      • Total spaces: 61
      • Uncovered spaces: 61
      Features
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.87 Acres
      • Dimensions: 37700
      Details
      • Parcel number: 3451000300
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 10+ Units
      • Property subtype: Multi Family
      Materials
      • Wood Products
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Good
      • Year built: 2009
      • Major remodel year: 2009

      Utilities & green energy

      • Electric: Company: Seattle Light
      • Sewer: Sewer Connected, Company: SPU
      • Water: Company: SPU

      Community & HOA

      Community
      • Subdivision: White Center
      Location
      • Region: Seattle

      Financial & listing details

      • Price per square foot: $287/sqft
      • Tax assessed value: $8,667,000
      • Annual tax amount: $101,950
      • Date on market: 9/19/2026
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,687/mo

        Price history

        DateEventPrice
        9/19/2026Listed for sale$8,000,000+11.2%$287/sqft
        Source: NWMLS as distributed by MLS GRID #2584938 Report a problem
        6/23/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        8/6/2020Price change$1,495-2%
        Source: Powell Property Management Report a problem
        7/14/2020Price change$1,525+2%
        Source: Powell Property Management Report a problem
        2/5/2020Price change$1,495-2%
        Source: Zillow Rental Network Report a problem
        1/24/2020Price change$1,525-0.7%
        Source: Zillow Rental Network Report a problem
        1/3/2020Listed for rent$1,535+2.7%
        Source: Zillow Rental Network Report a problem
        8/4/2017Listing removed$1,495
        Source: Urban Key Report a problem
        7/8/2017Listed for rent$1,495
        Source: Urban Key Report a problem
        5/18/2017Listing removed$1,495
        Source: Cayce Real Estate Services Report a problem
        5/13/2017Price change$1,495+7.2%
        Source: Cayce Real Estate Services Report a problem
        3/21/2017Price change$1,395-3.5%
        Source: Cayce Real Estate Services Report a problem
        2/23/2017Price change$1,445-3.3%
        Source: Cayce Real Estate Services Report a problem
        1/24/2017Listed for rent$1,495+4.9%
        Source: Cayce Real Estate Services Report a problem
        6/15/2016Sold$7,192,800-9.2%$258/sqft
        Source: Public Record Report a problem
        5/26/2016Listed for sale$7,920,000+1118.5%$284/sqft
        Source: Sterling, Johnston & Assoc. #569501 Report a problem
        5/18/2016Listing removed$1,425+7.5%
        Source: Cayce Real Estate Services Report a problem
        2/9/2016Listing removed$1,325
        Source: Cayce Real Estate Services Report a problem
        1/28/2016Listed for rent$1,325+2.3%
        Source: Cayce Real Estate Services Report a problem
        10/31/2015Listing removed$1,295
        Source: Cayce Real Estate Services Report a problem
        9/30/2015Price change$1,295+4%
        Source: Cayce Real Estate Services Report a problem
        9/26/2015Listed for rent$1,245+21.5%
        Source: Cayce Real Estate Services Report a problem
        5/2/2012Listing removed$1,025
        Source: SeattleRentals.com Report a problem
        2/8/2012Listed for rent$1,025+3%
        Source: SeattleRentals.com Report a problem
        2/4/2011Listing removed$995
        Source: Centerwood Report a problem
        8/15/2005Sold$650,000$23/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$103,350 +4.7%$8,667,000 +2.4%
        2024$98,726 -4.3%$8,462,000 -1.3%
        2023$103,131 +6.9%$8,577,000 +0%
        2022$96,486 -1.5%$8,574,000 +12.1%
        2021$97,937 -1.5%$7,648,000 +4.1%
        2020$99,416 +5.6%$7,349,000 +4.7%
        2019$94,113 +9.7%$7,019,000 +2.3%
        2018$85,763 -8.1%$6,862,000 +7.9%
        2017$93,290 +85.9%$6,362,000 +4.2%
        2016$50,183 $6,106,000 +52.2%
        2015$50,183 $4,013,000 +18.2%
        2014$50,183 $3,394,000 +12.3%
        2011-- $3,022,000
        2010-- $3,022,000
        2009-- $3,022,000 +1219.7%
        2007-- $229,000
        2006-- $229,000 +0.4%
        2005-- $228,000 +20.6%
        2000$2,537 $189,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 98146

        Getting around

        72 / 100
        Very Walkable
        47 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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