9037 -9041 16th Avenue SW

Seattle, WA 98106

  • Bed

  • Bath

  • 9584 SqFt

  • 47 DOM

  • Built: 1957

  • Status: Active

$3,150,000

X

9037 -9041 16th Avenue SW

Seattle 98106

$3150000

  • Bed

  • Bath

  • 9584 SqFt

  • 47 DOM

  • Built: 1957

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 9584

  • Flat

  • 56 - 10+ Units

  • 1957

Features and Utilities

  • Wood

  • Sewer Connected

  • 0

Financial

  • 31814

  • Cash Out, Conventional

  • 07-10-2025

Comparable Information

  • 47

  • 47

  • Cash Out, Conventional

  • $3,150,000

  • $3,150,000

  • Jul 10, 2025 22:05

Schools

Map

Listing courtesy of Paragon Real Estate Advisors.

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: Aug 26, 2025 08:41 | Listing last modified Jul 10, 2025 22:05. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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