Property Details
16 Valley Street , Seattle, WA 98109
Seattle, WA 98109
$6,995,000
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About This Home
Trophy 23 unit apartment community on the coveted south slope of Queen Anne, offering iconic Downtown Seattle views. Located in a true “Walker’s Paradise” just steps from Climate Pledge Arena and Seattle Center, nearly half the units capture views of the Space Needle, Mount Rainier, and partial Elliott Bay. Built in 1928, Ella Robert blends timeless architecture with thoughtful modernization. Over $1.1M has been invested in capital improvements, including updated electrical and plumbing systems, a 2020/2021 roof replacement, and a well maintained elevator, minimizing near term capital needs. The property features 14 secure sprinklered garage parking stalls, 20 on site storage units plus additional owner storage, and a private terraced courtyard with patio, turf, and garden areas, an uncommon amenity in this urban core setting. 17 of 23 units have been fully renovated, with 18 offering in unit laundry. Six units have partial updates, with plumbing already stubbed to streamline future renovations. A rare penthouse unit offers flexibility as a luxury owner’s pied à terre with income potential, previously utilized as a short term rental. With below market rents and clear upside through continued upgrades, rent optimization, and expense efficiencies, Ella Robert presents a rare opportunity to steward a legacy asset in one of Seattle’s most sought after neighborhoods.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Queen Anne
Listed
Feb 23, 2026
Interior Features
Bathrooms
0.0
Stories
4
Exterior & Lot
Lot Size
0.25 sqft
Year Built
1928
Garage
14 spaces
Exterior Materials
Brick
Sewer
Sewer Connected
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Brick
Location
City
Seattle
County
King
Coordinates
47.62645, -122.35599
Schools
School District
Seattle
Additional Information
Tax Year
2025
Annual Taxes
$55,346
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
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