Property Details

16 Valley Street , Seattle, WA 98109
Seattle, WA 98109
$6,995,000
MLS# 2482942 courtesy of NWMLS Listing firm: Lee & Associates Commercial RE

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16 Valley Street , Seattle, WA 98109, Seattle

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16 Valley Street , Seattle, WA 98109, Seattle

1 / 0
0.0
Baths
0.25
Acres
1928
Year Built
14
Garage

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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Listed By
Dea Sumantri
Lee & Associates Commercial RE

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