16 Valley Street, Seattle, WA 98109 (MLS # 2482942)
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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.
| LAST UPDATED | 2/23/2026 | TRACT | Queen Anne |
|---|---|---|---|
| YEAR BUILT | 1928 | COMMUNITY | Queen Anne |
| GARAGE SPACES | 14.0 | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 700 - Queen Anne/Magnolia |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Baseboard, Electric, Natural Gas, Radiant |
| LOT | 0.2541 acre(s) |
| LOT DESCRIPTION | Curbs, Paved, Sidewalk |
| LOT DIMENSIONS | 11067 |
| MLS STATUS | Active |
| STORIES | 4 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Queen Anne |
| TAXES | 55346 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | See Remarks |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/23/26 6:51 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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