Prepared by https://www.commercialmls.com
16 Valley St Seattle WA 98109
Listing #: 708782 | Status: Available | Last Modified: 4/20/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 572,257 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 238,993 |
| Net Operating Income | 304,651 |
| CAP Rate | 4.76 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 4.764 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| # of Units | 23 |
| Total Building SF | 13,716 SF |
| Net Rentable Area | 13,716 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 10,890 SF |
| Acres | 0.25 |
| Year Built | 1928 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | King |
| Market Area | Queen Anne/Magnolia |
| Tax ID # | 3879900135 |
| Zoning | LR3(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 14 |
| Total Parking Spots | 14 |
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
Ella Robert
16 Valley St Seattle WA 98109
Listing #: 708782 | Status: Available | Listing Date: 2/18/2026 | Last Modified: 4/20/2026 | Email Listing



























