1788 Alki Avenue SW, Seattle, WA 98116 (MLS # 2493770)

Listing provided courtesy of Northwest MLS; Kidder Mathews

PRICE	$3,250,000
BEDS	0
BATHS	0
HOME SIZE	7,200 sqft
LOT SIZE	12,001 sqft

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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.

LAST UPDATED	3/17/2026	TRACT	Alki
YEAR BUILT	1937	COMMUNITY	Alki
COUNTY	King	STATUS	Active
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AIR	None
AREA	140 - West Seattle
CONSTRUCTION	Wood Siding
HEAT	Electric, Forced Air
LOT	0.2755 acre(s)
LOT DIMENSIONS	12000
MLS STATUS	Active
STORIES	3
STYLE	55 - 5-9 Units
SUBDIVISION	Alki
TAXES	25643
UTILITIES	Sewer Connected
VIEW	Yes
VIEW DESCRIPTION	City, Mountain(s), Ocean, Sound, Territorial
ZONING	Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/18/26 12:56 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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