MLS #2493770 / Listing provided by NWMLS & Kidder Mathews.
$3,250,000
1788 Alki Avenue SW
Seattle,
WA
98116
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 12
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Total Uncovered Parking Spaces: 10
Structure
- Roof: Composition, Flat
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Acres: 0.2755
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Acres: 0.2755
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: PSE
Water, Sewer, and Garbage
- Sewer Company: PSE
- Sewer: Sewer Connected
- Water Company: City of Seattle
- Water, Sewer, and Garbage: 3360
James White
Broker | REALTOR®
Send James White an email