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$4,810,000

  • Sold
  • Closed
  • Multi-Family

Listed by Curran C. Hagstrom | Westlake Associates, Inc. | (206) 505-9400 and Collin Hagstrom | Westlake Associates, Inc. | (206) 505-9400
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

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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.

Full Property Details for 8356 16th Ave NW

General

  • Sold For: $4,810,000
  • Taxes: $34,067 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2440232
  • Added to Site: 107 day(s) ago

Interior

  • Flooring: Laminate, Vinyl Plank, Carpet

Additional Information

  • Amenities: Deck, Gated Entry
  • Security/Safety: Security Gate

Parking

  • Covered Spaces: 21

Location

  • Area: 705 - Ballard/Greenlake
  • County: King
  • Subdivision: Crown Hill
  • Driving Directions: From I-5, take exit 172 for N 85th St. Head west on N 85th St for about 3 miles. Turn right onto 16th Ave NW. Property is on the left

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood
  • Roof: Composition
  • Stories in Building: 4
  • Square Feet: 23,381
  • Year Built: 2001

Unit Information

  • Units in Building: 13

Lot Features

  • Lot Size (Acres): 0.2394
  • Lot Size (Sq. Ft.): 10,430
  • Lot Size Source: KCA
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $34,067
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7588700346

Listed by Curran C. Hagstrom | Westlake Associates, Inc. | (206) 505-9400 and Collin Hagstrom | Westlake Associates, Inc. | (206) 505-9400
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 8356 16th Ave NW

School District:Seattle School District
NameGradesDistance
Loyal Heights Elementary School
7735 25th Avenue Northwest, Seattle, WA 98117
K-50.6 mi
Whitman Middle School
9201 15th Avenue Northwest, Seattle, WA 98117
6-80.4 mi
Ballard High School
1418 Northwest 65th Street, Seattle, WA 98117
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8356 16th Ave NW

Date
Details
Price
Change
Source
12/17/2025
Sold
$4,810,000
4.57%
MLS
10/01/2025
Listed
$4,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Curran C. Hagstrom | Westlake Associates, Inc. | (206) 505-9400 and Collin Hagstrom | Westlake Associates, Inc. | (206) 505-9400
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

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8356 16th Avenue NW, Seattle, WA 98117 (MLS# 2440232) is a Multi-Family property that was sold at $4,810,000 on December 17, 2025. Want to learn more about 8356 16th Avenue NW? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.