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About the Listing 128 - 149441
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.
Listing Highlights
Interior Details
- Bedrooms: 11
- Bathrooms: 10 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Seattle
Exterior Details
- Lot Description: Zoning: Multi-Family
- Garage Capacity: N/A
- Lot Dimensions: 12000
- Zoning: Multi-Family
- Roof: Composition,Flat
- Others: Wood,Very Good
- Sewer: PSE
Financial Details
- Tax Amount: $25,643
- Taxes w/Assessments: N/A
- Tax/Property ID: 0139000215
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1788 Alki Ave SW Seattle, WA 98116
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