9041 16th Ave SW, Seattle, WA 98106

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: low-rise multifamily, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 5,391 reachable multifamily buildings in Seattle. Larger than 53% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 10,084 SF, King County Assessor
Lot size: 14,552 SF, King County Assessor
Year built: 1957, King County Assessor
Stories: 2, King County Assessor
Predominant use: Olympus Apts, King County Assessor
Units: 20, King County Assessor
Assessed value: $3,283,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $325.57/SF, derived from assessor records
Lot coverage: 69%, derived from assessor records
Vintage: 1950s vintage
Zoning: LR3 RC (M), King County
County use code: Apartment
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

9049 16th Ave SW, Seattle · 0 mi · 2,738 SF · built 1980 · assessed $330.17/SF
9029 16th Ave SW, Seattle · 0 mi · 9,000 SF · built 2021 · assessed $354/SF
9027 16th Ave SW, Seattle · 0 mi · 3,600 SF · built 1980 · assessed $320.28/SF
9012 17th Ave SW, Seattle · 0 mi · 2,776 SF · built 1982 · assessed $327.45/SF
9033 16th Ave SW, Seattle · 0.1 mi · 2,738 SF · built 1980 · assessed $330.17/SF
9008 17th Ave SW, Seattle · 0.1 mi · 2,776 SF · built 1982 · assessed $327.45/SF

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Sale history and market context

MakeMe Estimate: $3,359,410 (estimated market value), with a likely range of $2,982,106 to $3,832,153 (half of recent verified sales in this segment landed inside that range). Based on 667 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $168K per unit at the midpoint (20 units).

Last sold: 2000-09-14 for $595,000 (recorded arm's-length sale).

Current ownership dates to 2024 (about 2 years) per recorded transfers.

3 administrative transfers (no consideration), 2012 to 2024

2000-09-14: $595,000 from Private party to Private party, rec. 20000920001015

1988-01-01: transfer from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 198802261021

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $1,139,000 (2011) to $3,283,000 (2026), up 188% over 15 years, per county tax rolls. The 2026 roll splits $3,283,000 into $1,164,100 land and $2,118,900 improvements.

Zoning: LR3 RC (M) (per King County)

Lot: 14,552 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Multiple Residence (Low Rise) 10,084 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2024-11-18: Electrical, declared value $1,400,000,000 (Screened), permit 7056859-EL

2024-11-18: Electrical, declared value $4,000 (Screened), permit 7056880-EL

2024-08-02: Electrical, declared value $4,000 (Screened), permit 7039054-EL

2024-07-08: Electrical, declared value $4,000 (Screened), permit 7034305-EL

2024-03-05: Electrical, declared value $4,000 (Screened), permit 7012793-EL

2023-08-25: Electrical, declared value $8,000 (Complete), permit 6982955-EL

Source: King County permit records (newest first).