1788 Alki Avenue, Seattle, WA 98116

Listing Firm: Kidder Mathews (360-705-2800). Listings with the three tree icon are courtesy of NWMLS.

1788 Alki Avenue

Seattle, WA 98116

LISTING #2493770

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$2,975,000

STATUS Active

YEAR BUILT 1937

PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.

PROPERTY DETAILS

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Location Information

County King

Community West Seattle

Latitude 47.586020

Longitude -122.397387

Directions 1788 Alki Ave SW Seattle, WA

Subdivision Name Alki

Interior Features

Has Fireplace No

Number of Fireplaces 0

Heating Forced Air

Cooling None

Floors Laminate, Vinyl Plank, Carpet

Exterior Features

Style 5-9 Units

Is New Construction Yes

Exterior Wood

Foundation Poured Concrete

Roof Composition, Flat

Septic or Sewer Sewer Connected

Covered Spaces 0

Water City of Seattle

Electric PSE

Power Production Type Electric

Parking Spaces 10

Lot Size in Acres 0.2755

Lot Size in Sq. Ft. 12,000

Building Total Area 7200 Square Feet

Has Waterfront No

Has View Yes

View Description City, Mountains, Ocean, Sound, Territorial

School

High School District Seattle

Additional Information

Possession Closing

Property Type Residential Income

Property Subtype Multi Family

Structure Type Multi Family

Year Built 1937

Status Active

Tax Year 2026

Tax Amount $25,643

Lot Acres Source KCPV

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