1788 Alki AVE SW, Seattle, WA 98116
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1788 Alki AVE SW, Seattle, WA 98116
1788 Alki AVE SW, Seattle, WA 98116
1788 Alki AVE SW, Seattle, WA 98116
1788 Alki AVE SW, Seattle, WA 98116
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Theresa Jump

Theresa Jump

+1(360) 986-0816
Listed by:Kidder Mathews • Max Frame
$ 3,250,000
Est. payment /mo
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Active

1788 Alki AVE SW Seattle, WA 98116

11 Beds

10 Baths

7,200 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $451

Subdivision Alki

MLS Listing ID 2493770

Style 55 - 5-9 Units

Bedrooms 11

Year Built 1937

Annual Tax Amount $25,643

Lot Size 0.275 Acres

Lot Dimensions 12000

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

View Y/N Yes

View City, Mountains, Ocean, Sound, Territorial

Roof Type Composition,Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.dropbox.com/scl/fo/zgkx4cxgyvhkxcycgskto/ABBawa9nzSGoU7EyKES9Wrg?rlkey=knogphx1gyucduhho4i59lsmh&e=3&st=zx6kcrqx&dl=0

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Theresa Jump

Theresa Jump

Broker | License ID: 125731

+1(360) 986-0816

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1788 Alki AVE SW