In spite of the advances of research in earthquake engineering in general and particularly onrnseismic design codes, catastrophic losses have occurred recently in many countries in the world,rnincluding countries in which earthquake engineering studies are priority tasks. It is clear that newrndevelopments in earthquake resistant design can only be applied to new projects, which representrna small part of the existing structures in a seismic area. rnThis thesis work investigates seismic risk assessment of nine story building located in AddisrnAbaba City. ETABS software is used for non-linear static pushover analysis whereas FederalrnEmergency Management Agency (FEAM) earthquake loss estimation methodology is employedrnfor earthquake loss estimation during risk assessment for the building model.rnPushover analysis is used in order to investigate the capacity of the study building and fromrnintersection of capacity curve and demand curve performance point of the building has beenrndetermined with this estimated performance value of the building probability of reaching orrnexceeding different damage state are calculated and finally with these probability of reaching orrnexceeding four different damage states the total loss due to structural damage becomes 1.585Brnbirr The estimated value of economic losses based on the method FEMA-1999 approachrnobtained by MDP (mean damage probability) value of 18.09%. This means that the building hasrna small damage economic loss probability of 18.09% due to the expected earthquake scenario.rnAnd human life loss is calculated based on the assumption that 5 people dwell in singlernhousehold. From the result it is observed that night time earthquake scenario causes highrncausality than day time scenario and rush hour scenario. And for particular time earthquakernscenario the number of casualty decreases as level of severity increase.