Lee & Associates has brought the Ella Robert Apartments, a 23-unit vintage multifamily property, to market on Queen Anne Hill in Seattle, Washington. The community is located at 16 Valley Street and is described as an iconic apartment asset within the neighborhood. The listing adds a prewar, character-driven option to the inventory of multifamily offerings currently available to investors in the Seattle area.
Constructed in 1928, the Ella Robert Apartments total 15,627 square feet of residential space on an 11,067-square-foot site. The property’s elevated position on Queen Anne Hill provides residents with views of the Seattle skyline, the Space Needle, Mount Rainier, and Elliott Bay. These view corridors distinguish the asset within its competitive set and highlight the appeal of its location within a well-established urban neighborhood.
The apartment community is being exclusively marketed by Lee & Associates’ Northwest Multifamily Team. The team includes Candice Chevaillier, Daniel Lim, Sara Bago, Dea Sumantri, and Nisha Tomar. Their mandate is to solicit and manage investor interest in the offering, positioning the property to a buyer pool focused on established, infill multifamily opportunities in Seattle.
Candice Chevaillier, Principal at Lee & Associates, emphasized the combination of characteristics that the Ella Robert Apartments bring to the market, noting the project’s location, outdoor areas, potential for future upside, and the presence of a penthouse unit. She stated that the team expects strong investor demand for the asset, reflecting its quality and appeal within the local multifamily landscape.
A notable feature of the property is its rare penthouse unit. Historically utilized as a short-term rental, this component introduces additional flexibility for future ownership. A buyer may consider continuing to use the penthouse as a short-term rental, pursuing an owner-user configuration, or exploring other income-generating strategies in line with local regulations and market conditions. This flexibility adds an extra dimension to the property’s income profile.
While pricing details and specific marketing guidance were not disclosed, the listing of the Ella Robert Apartments underscores the ongoing activity in Seattle’s multifamily investment sales arena, particularly for smaller, prewar apartment buildings in highly sought-after neighborhoods such as Queen Anne Hill. The property’s combination of vintage construction, established location, and view-driven appeal positions it as a differentiated offering for investors evaluating core urban multifamily assets.
