Active
  • Listed by: 

    Tanner Fogle,

    Paragon Real Estate Advisors

    $3,150,000

    9037 -9041 16th Avenue SW, Seattle, WA 98106

    18beds
    20baths
    9,584sqft
    : 
    Multi Family
    Built in 1957
    -- sqft lot
    $2,956,300 Zestimate®
    $329/sqft
    $-- HOA

    What's special

    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.
    87 days
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    97
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    1
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