8356 16th Avenue NW, Seattle, WA 98117 (MLS # 2440232)
Listing provided courtesy of Northwest MLS; Westlake Associates, Inc.
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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.
LAST UPDATED | 10/1/2025 | TRACT | Crown Hill |
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YEAR BUILT | 2001 | COMMUNITY | Crown Hill |
COUNTY | King | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | None |
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AREA | 705 - Ballard/Greenlake |
CONSTRUCTION | Wood Siding |
HEAT | Baseboard, Electric |
LOT | 10428 sq ft |
LOT DESCRIPTION | Corner Lot, Curbs, Paved, Sidewalk |
MLS STATUS | Active |
STORIES | 4 |
STYLE | 56 - 10+ Units |
SUBDIVISION | Crown Hill |
TAXES | 34067 |
UTILITIES | Sewer Connected |
SATELLITE VIEW |
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/13/25 9:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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