Queen Anne Multifamily
16 Valley St, Seattle, WA 98109
23-unit apartment community in Seattle's desirable Queen Anne neighborhood.
Type:Multifamily
- Added:
- Mar 4, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 5 at 9:42 pm
Property Features for 16 Valley St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1928
Listing agent Candice Chevaillier, CCIM (206) 773-2694
Listing office LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES (206) 773-2694
Listing date Mar 4, 2026
Source Lee-associates
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
HighLights
- Highly desirable Queen Anne location with a Walk Score of 96, offering an exceptional urban lifestyle.
- Trophy property with select units offering VIEWS of Downtown, Space Needle, Mount Rainier, and Elliott Bay.
- Modernized vintage character, originally built in 1928 with a 2020 roof replacement.
- Demonstrated pride of ownership with over $1.1 million in capital improvements and the majority of units renovated.
- Rare IN‑UNIT laundry, a unique amenity for assets of this vintage.
- Penthouse unit with potential for owner occupancy or Airbnb income.
Overview
The Ella Robert is a 23-unit apartment community located in the Queen Anne neighborhood of Seattle. Constructed in 1928, the building combines architectural character with modernization, offering residents a living experience that pairs charm with amenities. Positioned on the south slope of Queen Anne Hill, the property offers an urban lifestyle defined by walkability and convenience, supported by a Walk Score of 96. Proximity to transit lines and major regional corridors enhances connectivity. The property has a 2020 roof replacement, updated plumbing, and a well-maintained elevator. Over $1.1 million in capital improvements have been made, with the majority of units renovated featuring in-unit laundry. The building has a penthouse unit, currently rented, but previously used as an Airbnb unit. In-place rents remain below market, with opportunity to enhance NOI through continued rent optimization and streamlined expense management. Select units offer Space Needle and Mount Rainier views and Elliott Bay water views.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Queen Anne Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.356
- Latitude
- 47.6267
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 23-unit apartment community in Seattle's desirable Queen Anne neighborhood.
Where is this apartment building located?
The property is located at 16 Valley St Seattle, WA.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: Highly desirable Queen Anne location with a Walk Score of 96, offering an exceptional urban lifestyle.; Trophy property with select units offering VIEWS of Downtown, Space Needle, Mount Rainier, and Elliott Bay.; Modernized vintage character, originally built in 1928 with a 2020 roof replacement.
