16 Valley St
Seattle WA 98109
Ella Robert
16 Valley St Seattle WA 98109
Listing #: 708782 | Status: Available | Last Modified: 4/20/2026 |
For Sale
- Phone:(206) 604-3400
- Email:cchevaillier@lee-associates.com
- Office Name:Lee & Associates Commercial Real Estate Services
- Office Phone:(425) 454-4242
- Office Website:
- Agent Phone:(206) 773-2696
- Agent Email:dlim@lee-associates.com
- Agent Phone:(206) 773-2680
- Agent Email:dsumantri@lee-associates.com
- Agent Phone:(206) 773-2674
- Agent Email:sbago@lee-associates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 6,995,000.0
- $/SF$ 510.0
- $/Unit$ 6,995,000.0
- Listing StatusAvailable
- Days on Market62
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income572,257
- Vacancy Factor %5.00%
- Operating Expenses238,993
- Net Operating Income304,651
- CAP Rate 4.76 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.76 %
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units23
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF13716
- Net Rentable Area13716
- Total Office SF
- Largest Contiguous SF
- Lot SF10890
- Acres0.25
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaQueen Anne/Magnolia
- Tax ID #3879900135
- Additional Parcels
- ZoningLR3(M)
- # Covered Spaces0
- # Uncovered Spaces14
- Total Parking Spots14
- Parking Ratio
- Year Built1928
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
23-Unit Trophy Asset in Queen Anne
We are pleased to present the Ella Robert, a 23-unit apartment community located on the south slope of the highly desirable Queen Anne neighborhood, considered by many to be the heart center of Seattle. Originally constructed in 1928, the building blends timeless architectural character with thoughtful modernization, offering residents a refined living experience that pairs charm with today’s most desired amenities. Ella Robert is a classic brick veneer, wood-frame building with extensive system upgrades valued over $1.1M including updated electrical and plumbing systems and a roof replacement completed in 2020. reinforcing long-term durability while limiting near-term capital exposure. The property also offers 14 secure garage parking stalls with sprinklers. Select units enjoy views of
