1788 Alki Avenue Sw, Seattle, WA 98116

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: max frame
Office: kidder mathews
MLS#:2493770
Source:NWMLS
1788 Alki Avenue Sw,Seattle, WA 98116
$2,975,000
Virtual Tour
  • - Beds
  • - Baths
  • 7,200 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,975,000
  • Price per sq. ft.:$413.19

About this home

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.

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Home facts

  • Year built:1937
  • Listing ID #:2493770
  • Updated:June 29, 2026 at 11:18 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Plank
  • Living area:7,200 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition, Flat Roof
  • Year built:1937
  • Building area:7,200 sq. ft.
  • Lot area:0.28 Acres
  • Construction Materials:Wood Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,975,000
  • Price per sq. ft.:$413.19
  • Tax amount:$25,643 (2026)

Parking

  • Total parking spaces:10
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