8356 16th Avenue NW

Seattle, WA 98117

  • Bed

  • Bath

  • 23381 SqFt

  • 2 DOM

  • Built: 2001

  • Status: Active

$4,600,000

X

8356 16th Avenue NW

Seattle 98117

$4600000

  • Bed

  • Bath

  • 23381 SqFt

  • 2 DOM

  • Built: 2001

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 23381

  • Composition

  • 56 - 10+ Units

  • 2001

  • Elevator, Storage

Features and Utilities

  • Wood

  • Sewer Connected

  • 0

Financial

  • 34067

  • Cash Out, Conventional

  • 10-01-2025

Comparable Information

  • 2

  • 2

  • Cash Out, Conventional

  • $4,600,000

  • $4,600,000

  • Oct 01, 2025 19:18

Schools

Map

Listing courtesy of Westlake Associates, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Oct 03, 2025 02:45 | Listing last modified Oct 01, 2025 19:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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