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Listed by:Kidder Mathews • Max Frame

$3,250,000

Est. payment - /mo

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11 Beds

10 Baths

7,200 SqFt

Active

1788 Alki AVE SW Seattle, WA 98116

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Education

Pets

Sunfish

2800 Alki Ave SW, Seattle, WA 98116

Fish & Chips Phone: 206-938-4112
Whatupdog

1222 Harbor Ave SW, Seattle, WA 98116

Hot Dogs Phone: 206-909-4016
Phoenecia

2716 Alki Ave SW, Seattle, WA 98116

Wine Bars Phone: 206-935-6550
Alki Cafe

2726 Alki Ave SW, Seattle, WA 98116

Diners Phone: 206-935-0616
El Chupacabra

2620 Alki Ave SW, Seattle, WA 98116

Bars Phone: 206-933-7344
Pepperdock Restaurant

2618 Alki Ave Sw, Seattle, WA 98116

Burgers Phone: 206-935-1000
Cactus Restaurants

2820 Alki Ave SW, Seattle, WA 98116

Mexican Phone: 206-933-6000
The Celtic Swell

2722 Alki Ave SW, Seattle, WA 98116

Irish Pub Phone: 206-932-7935
Tacos La Playita

2504 Alki Ave SW, Seattle, WA 98116

Food Trucks
Fatburger

2738 Alki Ave SW, Seattle, WA 98116

Sandwiches Phone: 206-257-1871
Contigo

Seattle, WA 98116

Food Stands Phone: 206-992-1170
Christo’s On Alki

2508 Alki Ave SW, Seattle, WA 98116

Pizza Phone: 206-923-2200
La Rustica

4100 Beach Dr SW, Seattle, WA 98116

Italian Phone: 206-932-3020
Alki Dog

2530 Alki Ave Sw, Seattle, WA 98116

Fast Food Phone: 206-979-6855
Alki Urban Market

2820 Alki Ave, Seattle, WA 98116

Delis Phone: 206-935-3018
Marée Bistro & Bar

2820 Alki Ave SW, Seattle, WA 98116

Bars Phone: 206-743-8531
Raney Brothers BBQ

Seattle, WA 98116

Food Trucks Phone: 206-371-5078
Subway

2758 Alki Ave SW, Seattle, WA 98116

Fast Food Phone: 206-403-1881
Pegasus Pizza

2770 Alki Ave SW, Seattle, WA 98116

Pizza Phone: 206-932-4849
Ampersand Cafe

2536 Alki Ave SW, Seattle, WA 98116

Coffee & Tea
Duke’s Chowder House

2516 Alki Ave SW, Seattle, WA 98116

American (Traditional) Phone: 206-937-6100
Thailanding On Alki

2620 Alki Ave SW, Seattle, WA 98116

Thai Phone: 206-932-5693
Amante Pizza & Pasta

2806 Alki Ave SW, Seattle, WA 98116

Pizza Phone: 206-933-7555
Alki Huddle Sports Bar & Grill

2806 Alki Ave SW, Seattle, WA 98116

American (Traditional) Phone: 206-428-9894
Spud Fish & Chips

2666 Alki Ave SW, Seattle, WA 98116

Seafood Phone: 206-938-0606
Slices

2600 Marine Ave SW, Seattle, WA 98116

Pizza Phone: 206-935-0178
Saigon Boat Cafe

2632 Alki Ave SW, Seattle, WA 98116

Vietnamese Phone: 206-932-5714
Blue Moon Burgers

2504 Alki Ave SW, Seattle, WA 98116

Burgers Phone: 206-457-4398
Taqueria La Monarca

2504 Alki Ave SW, Seattle, WA 98116

Mexican

Educational Environment

Elementary Schools (1)

Name

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