Sold

Listed by: Westlake Associates, Inc.

Bought with: ZNonMember-Office-MLS

$4,810,000

8356 16th Avenue NW, Seattle, WA 98117

26beds

26baths

23,381sqft

Multi Family

Built in 2001

-- sqft lot

$-- Zestimate^®

$206/sqft

$2,561 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,561/mo

Zestimate^® history

Owner options

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$2,561/mo

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$29,045/mo

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$29,045/mo

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What's special

Large floor plansSecure entry with elevator

Crown Hill 13 is on the market for the first time since its 2001 construction. This 13-unit, well-built apartment community sits at the border of Loyal Heights and Crown Hill, near shops, dining, and entertainment along the Crown Hill corridor. Secure entry with elevator, garage parking plus large storage lockers. 7 of 13 units have been upgraded. 6 units provide value-add with potential for turnover. It’s close to Golden Gardens Park, Ballard Avenue, and just seven miles from South Lake Union and Downtown Seattle. With a 5.5% in-place cap rate, large floor plans, quality construction, and room for rent growth and renovations, this is a rare chance to own a strong income-producing property in one of Seattle’s top rental markets.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 26
Bathrooms: 26

Heating

Baseboard, Electric

Cooling

None

Features

Flooring: Laminate, Vinyl Plank, Carpet
Has fireplace: No

Interior area

Total structure area: 23,381
Total interior livable area: 23,381 sqft

Property

Parking

Total spaces: 21
Parking features: Garage
Garage spaces: 21

Lot

Size: 10,428 sqft
Features: Corner Lot, Curbs, Paved, Sidewalk, Deck, Gated Entry

Details

Parcel number: 7588700346
Zoning description: Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Roof: Composition

Condition

Year built: 2001

Utilities & green energy

Sewer: Sewer Connected

Community & neighborhood

Location

Region: Seattle
Subdivision: Crown Hill

Other

Other facts

Listing terms: Conventional
Cumulative days on market: 89 days

Price history

Date	Event	Price
12/17/2025	Sold	$4,810,000+4.6%$206/sqft
Source: NWMLS as distributed by MLS GRID #2440232 Report a problem
10/20/2025	Pending sale	$4,600,000$197/sqft
Source: NWMLS as distributed by MLS GRID #2440232 Report a problem
10/1/2025	Listed for sale	$4,600,000$197/sqft
Source: NWMLS as distributed by MLS GRID #2440232 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,093 +7.6%	$1,030,400
2024	$10,314 +2.1%	$1,030,400
2023	$10,099 +13.4%	$1,030,400 +2.2%
2022	$8,910 -0.9%	$1,008,000 +7.1%
2021	$8,992 +0.1%	$940,800 +5%
2020	$8,984 +8.9%	$896,000 +8.1%
2019	$8,246 +34.8%	$828,800 +23.3%
2018	$6,119 +0.6%	$672,000 +15.4%
2017	$6,086 +63.7%	$582,400 +8.3%
2016	$3,718	$537,600 +33.3%
2015	$3,718	$403,200 +12.5%
2014	$3,718	$358,400
2013	$3,718	$358,400
2012	--	$358,400 -11.1%
2011	--	$403,200
2010	--	$403,200
2009	--	$403,200 +28.6%
2007	--	$313,600 +40%
2006	--	$224,000 +11.1%
2005	--	$201,600 +50%
2001	$1,644 -20.8%	$134,400 -18%
2000	$2,074	$164,000